Lumentum Holdings Inc. reported an insider ownership change involving Thad Trent, a non-employee director, tied to an equity grant made on July 15, 2026. The filing was submitted on July 16, 2026, and relates to Lumentum common stock. The reported security was a restricted stock unit, or RSU, with each RSU representing a contingent right to receive one share of Lumentum common stock after vesting. The grant was made under Lumentum’s 2025 Equity Incentive Plan and was issued in lieu of Trent’s annual cash retainer, at his election, under the company’s compensation program for non-employee directors. The RSUs are scheduled to vest in full on July 15, 2027, provided Trent continues through that date as a “Service Provider,” as defined in the company’s 2025 Equity Incentive Plan. Once vested, the RSUs convert into shares of Lumentum common stock on a one-for-one basis. The document text provided does not specify the number of RSUs granted, the transaction price, the Form 4 transaction code, or Trent’s beneficial ownership after the transaction. No open-market purchase or sale is described; the action reported is an equity compensation grant to a director in replacement of cash compensation. The filing was signed on Trent’s behalf by Jae Kim as attorney-in-fact on July 16, 2026.
Stock detail
Lumentum (LITE) stock price, chart, and key data
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Stock detail
Lumentum
LITE · XNAS
-$26.43 (-3.13%) past day
$818.59
Overnight $853.79 (+4.30%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
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Day range
$807.17 - $863.39
Close price
$829.70
Market cap
$65.2B
P/E ratio
148.03
Financials
FY2026 Q3Operating income
$176M
Operating cash flow
$204M
EPS
1.50
Shares outstanding
71.7M
Total assets
$7B
Total equity
$3B
Total liabilities
$4B
About the company
Lumentum Holdings Inc
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Analyst rating summary
A current read on analyst sentiment from the insight feed.
Mean target
$1,067
16
Buy
/ 20
Recent calls
07/20/2026
Barclays
Thomas O'Malley
Buy · Price target $1,000
07/16/2026
Citi
Papa Talla Sylla
Buy · Price target $1,100
07/13/2026
UBS
David Vogt
Hold · Price target $960
Ticker holders
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Holder directory
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#1Susie Lee
democrat · House · NV-3
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#2Tom Carper
democrat · Senate · DE
- Buy$1,000 / $8,000 / $15,000
- Buy$1,001 / $8,001 / $15,000
#3Ashley Moody
republican · Senate · FL
#4Gilbert Cisneros
democrat · House · CA-31
#5Josh Gottheimer
democrat · House · NJ-5
Market action
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