Form 4: Director Belluzzo Converts RSUs to VIAVI Stock

VIAVI Solutions Director Richard Belluzzo converted 23,529 Restricted Stock Units into common stock upon vesting on November 7, 2025.

Summary

• Richard Belluzzo, a Director of VIAVI SOLUTIONS INC., acquired 23,529 shares of common stock.
• This acquisition resulted from the conversion of 23,529 Restricted Stock Units (RSUs) upon their vesting.
• The transaction occurred on November 7, 2025, with a deemed acquisition price of $0 per share, typical for RSU conversions.
• Following this transaction, Belluzzo beneficially owns 240,683 shares of VIAVI SOLUTIONS INC. common stock directly.

Sentiment

Score: 7

Explanation: The filing indicates a routine, expected vesting of equity compensation for a director, which is generally a neutral to slightly positive event as it aligns insider interests with shareholders. No negative implications are present.

Positives

• Director Richard Belluzzo's beneficial ownership of common stock increased to 240,683 shares, indicating continued alignment with shareholder interests.
• The vesting and conversion of Restricted Stock Units (RSUs) into common stock is a standard compensation event, reflecting the fulfillment of equity incentive terms.

Negatives

• No specific negative points are identified in this routine insider transaction filing.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports a change in beneficial ownership.

Future Outlook

The filing reports a past transaction (vesting and conversion of RSUs) and does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity transaction and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: The director's increased direct ownership of common stock aligns their interests more closely with other shareholders.
• Employees: The vesting of RSUs is a common form of employee and director compensation, reflecting standard equity incentive programs.

Next Steps

• The reporting person will continue to hold 240,683 shares of VIAVI SOLUTIONS INC. common stock.

Key Dates

Recommendation

This Form 4 filing details a routine, pre-scheduled vesting and conversion of Restricted Stock Units by a director. It does not contain new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction itself is an expected event related to equity compensation and does not signal a significant positive or negative shift in the company's outlook.

Keywords

VIAVI SOLUTIONS INC., VIAV, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Director Stock Ownership, Equity Compensation