LITE Form 4: Officer Sells 3,282 Shares, Awarded 13,177 RSUs
Rhea-AI Filing Summary
Wupen Yuen, President, Cloud & Networking at Lumentum Holdings Inc. (LITE), reported two transactions. On 08/23/2025 the reporting person was granted 13,177 restricted stock units (RSUs) that vest 100% on 08/23/2026, each convertible into one share on vesting. On 08/25/2025 the reporting person sold 3,282 shares at $119.25 per share under a Rule 10b5-1 trading plan adopted 02/11/2025. Beneficial ownership is reported as 111,118 shares after the RSU grant and 107,836 shares following the sale. The Form 4 was executed by an attorney-in-fact on 08/26/2025.
Positive
- 13,177 RSUs granted with clear vesting date of 08/23/2026, aligning compensation with continued employment
- Disposition executed under a Rule 10b5‑1 trading plan adopted 02/11/2025, indicating a pre‑planned sale
- Reporting person retains a beneficial stake above 100,000 shares after the transactions (107,836 shares)
Negative
- 3,282 shares sold, reducing immediate beneficial ownership from 111,118 to 107,836
- RSU grant will dilute outstanding shares when vested and issued, subject to plan terms
Insights
TL;DR: Officer received time‑based RSUs and sold a smaller block under a pre‑established 10b5‑1 plan.
The filings show a standard equity compensation grant and an orderly disposition. The 13,177 RSU grant vests fully one year later, aligning executive incentives to continued employment. The 3,282‑share sale was executed under a Rule 10b5‑1 plan adopted 02/11/2025, which generally reduces concerns about opportunistic insider trading. These are routine governance actions rather than extraordinary events.
TL;DR: Net holdings remain material (>100k shares); transactions are compensation and planned sale, not an ad hoc disposition.
The RSU award increases potential future dilution when vested shares are issued, while the sale of 3,282 shares at $119.25 reduces current beneficial ownership to 107,836 shares. Both items are disclosed clearly and include vesting and plan dates, allowing investors to quantify near‑term changes to insider holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,282 | $119.25 | $391K |
| Grant/Award | Common Stock | 13,177 | $0.00 | -- |
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, following vesting, one share of the Issuer's Common Stock. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, following vesting, one share of the Issuer's Common Stock. 100% of the shares shall vest August 23, 2026, subject to the Reporting Person continuing to be an employee through each such date, or as provided under the Issuer's 2015 Equity Incentive Plan. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 11, 2025.
