Independent
Tenure on this board
3.6 yrs
Also a director at
Chemours Co (CC)
Meeting calendar
LITE · Annual meeting · Wednesday, November 18, 2026
Lumentum Holdings Inc
8 nominees · 3 ballot items.
Stockholders will vote on the election of eight directors, advisory approval of named executive officer compensation, and ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2027.
Market cap
$101.7B
1Y TSR
+459.6%
Board grade
B+
Record date
Sep 24, 2026
Filing
DEF 14A
Filed Oct 6, 2026 · DEF 14A
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect eight director nominees to serve until the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified.
- 2
Advisory Vote to Approve Compensation of Named Executive Officers
ManagementBoard: FORApprove, on a non-binding advisory basis, the compensation of Lumentum's named executive officers as disclosed in the proxy statement.
More detail
Proposal 2 asks stockholders to approve, on a non-binding advisory basis, the compensation paid to Lumentum’s named executive officers. The resolution incorporates the Compensation Discussion and Analysis, Summary Compensation Table, and related compensation disclosures in the proxy statement. Management is seeking approval under Section 14A of the Exchange Act and the Dodd-Frank Act’s say-on-pay framework. The company emphasizes that its compensation philosophy is designed to attract, retain, and motivate executives while serving long-term stockholder interests. Lumentum reports that approximately 93% of the current CEO’s and 89% of non-CEO NEOs’ fiscal 2026 target total direct compensation was tied to strategic, financial, or market performance goals. The fiscal 2026 program used annual incentives based on financial, product-category, and manufacturing metrics, and long-term equity awards consisting of RSUs and PSUs tied to EPS and relative TSR. The company states that the annual incentive payout was 186.3% of target and that fiscal 2026 total shareholder return was 762%, while also noting that 88.3% of votes cast supported say on pay in November 2025. The board recommends a vote FOR because it believes the program appropriately aligns pay with performance and stockholder value creation. The vote is advisory and therefore does not bind the company, board, or Compensation Committee, although those bodies state that they will consider the outcome in future compensation decisions.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee's appointment of Deloitte & Touche LLP as Lumentum's independent registered public accounting firm for the fiscal year ending July 3, 2027.
Director elections
Nominees on the ballot8
Independent
Tenure on this board
5.3 yrs
Independent
Tenure on this board
11.2 yrs
Also a director at
Penguin Solutions Inc (PENG)
Not independent
Tenure on this board
1.7 yrs
Also a director at
Flex Ltd (FLEX)Astera Labs Inc (ALAB)
Independent
Tenure on this board
11.2 yrs
Independent
Tenure on this board
1.8 yrs
Also a director at
Nextpower Inc (NXT)
Independent
Tenure on this board
7.8 yrs
Independent
Tenure on this board
0.8 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 5.7% | 5,078,410 | $4.4B |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.6% | 4,092,283 | $3.5B |
| 3 | BlackRock, Inc. | 4.1% | 3,680,969 | $3.2B |
| 4 | STATE STREET CORP | 3.9% | 3,453,717 | $3.0B |
| 5 | JPMORGAN CHASE & CO | 2.9% | 2,630,322 | $2.2B |
| 6 | Invesco Ltd. | 2.8% | 2,493,874 | $2.1B |
| 7 | FMR LLC | 2.8% | 2,470,727 | $2.1B |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.2% | 1,999,780 | $1.7B |
| 9 | Jupiter Topco LLC | 2.1% | 1,864,961 | $1.6B |
| 10 | BlackRock, Inc. | 1.8% | 1,629,280 | $1.4B |
Peers
Nearest market capOther Technology sector meetings6
Upcoming shareholder meetings at Lumentum Holdings Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Strategy IncMSTR
Special meeting·Oct 28, 2026·$63.2B
Western Digital CorpWDC
Annual meeting·Nov 20, 2026·$148.2B
Flex LtdFLEX
Special meeting·Nov 2, 2026·$44.8B
Credo Technology Group Holding LtdCRDO
Annual meeting·Oct 12, 2026·$41.5B
Seagate Technology Holdings PLCSTX
Annual meeting·Oct 24, 2026·$182.6B
Broadridge Financial Solutions IncBR
Annual meeting·Nov 10, 2026·$18.1B
Reference
Frequently asked questions
- When is the Lumentum Holdings Inc 2026 annual meeting?
- Lumentum Holdings Inc (LITE) holds its 2026 annual shareholder meeting on Wednesday, November 18, 2026.
- What is the record date for the Lumentum Holdings Inc 2026 meeting?
- The record date for the Lumentum Holdings Inc 2026 meeting is Thursday, September 24, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Lumentum Holdings Inc's 2026 meeting?
- The board is presenting 8 director nominees at the Lumentum Holdings Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Lumentum Holdings Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Lumentum Holdings Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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