Form 4: VIAVI CEO Sells Over 62K Shares in Pre-Arranged Plan

VIAVI Solutions Inc. President and CEO Oleg Khaykin reported the sale of 62,767 shares of common stock through a pre-arranged trading plan.

Summary

• Oleg Khaykin, President & CEO and Director of VIAVI Solutions Inc., reported the sale of 62,767 shares of common stock.
• The transactions occurred on February 10, 2026.
• 42,767 shares were sold directly at a weighted average price of $27.50 per share.
• An additional 20,000 shares were sold indirectly by the reporting person's spouse at a weighted average price of $27.51 per share.
• These sales were executed pursuant to a Rule 10b5-1(c) trading plan.
• Following these transactions, Oleg Khaykin directly beneficially owns 1,592,854 shares and indirectly owns 20,238 shares through his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, the execution under a 10b5-1 plan mitigates concerns about its timing or implications for the company's immediate future.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-scheduled sale rather than a reaction to immediate company news.

Negatives

• Insider selling, especially by a CEO, can sometimes be perceived negatively by the market as it reduces management's direct equity stake.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when pre-planned, are closely watched by investors for signals about management's confidence in the company's future prospects. In the technology and communications test and measurement industry, where VIAVI operates, executive compensation often includes significant equity components, making such sales a common part of personal financial planning.

Stakeholder Impact

• Shareholders: May interpret the sale as a slight reduction in management's direct alignment, though mitigated by the 10b5-1 plan.

Key Dates

Recommendation

The insider sale by the CEO, while notable, was conducted under a pre-arranged 10b5-1 plan, which suggests it's part of routine financial planning rather than a reaction to new company developments. This typically has a neutral to slightly negative impact on sentiment but does not fundamentally alter the investment thesis for VIAVI Solutions Inc. without additional information.

Keywords

VIAVI Solutions, VIAV, Oleg Khaykin, Insider Sale, Form 4, CEO Stock Sale, 10b5-1 Plan, Beneficial Ownership