Form 4: VIAVI CEO Sells Over 73,000 Shares
Insider Transaction Report
VIAVI Solutions Inc. President and CEO Oleg Khaykin reported the sale of 73,442 shares of common stock in early December 2025.
Summary
- Oleg Khaykin, President & CEO and Director of VIAVI Solutions Inc., reported sales of common stock.
- On December 3, 2025, 35,004 shares were sold directly at a price of $17.1 per share.
- On December 4, 2025, an additional 38,438 shares were sold indirectly by the reporting person's spouse at a weighted average price of $17.6 per share.
- Following these transactions, Oleg Khaykin directly beneficially owns 1,921,191 shares of common stock.
- Indirect beneficial ownership by the reporting person's spouse is 80,476 shares.
- The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 4
Explanation: The sentiment is slightly negative due to significant insider selling by the CEO, which can sometimes be interpreted as a lack of confidence in future stock performance, despite being executed under a 10b5-1 plan.
Negatives
- Insider selling by a high-ranking executive (President & CEO) could be perceived negatively by investors, potentially signaling a lack of confidence or a belief that the stock is fully valued.
- A total of 73,442 shares were disposed of, reducing the insider's overall stake.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Transaction Plan Disclosure | The reported transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | NA | Indicates pre-planned sales, which can mitigate concerns about opportunistic insider trading, but still represents a reduction in insider holdings. |
Related Party Transactions
- Sale of 38,438 shares by the reporting person's spouse, which is considered an indirect beneficial ownership transaction.
Stakeholder Impact
- Shareholders: May view the CEO's stock sales as a negative signal, potentially impacting investor confidence and stock price.
- Employees: No direct impact mentioned, but could indirectly affect morale if perceived negatively.
Key Dates
| Date | Description |
|---|---|
| 12/03/2025 | Sale of 35,004 shares of Common Stock by Oleg Khaykin. |
| 12/04/2025 | Sale of 38,438 shares of Common Stock by reporting person's spouse. |
| 12/04/2025 | Signature date of the Form 4 filing. |
Keywords
VIAVI Solutions, VIAV, Oleg Khaykin, Insider Trading, Stock Sale, Form 4, CEO Stock Sale, Executive Compensation, Rule 10b5-1
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.