Form 4: VIAVI Director Richard Burns Granted 14,369 RSUs

VIAVI SOLUTIONS INC. Director Richard Burns received a grant of 14,369 Restricted Stock Units, vesting on the earlier of one year or the next Annual Meeting of Stockholders.

Summary

• Richard John Burns, a Director of VIAVI SOLUTIONS INC. (VIAV), was granted 14,369 Restricted Stock Units (RSUs) on November 13, 2025.
• The RSUs have a conversion or exercise price of $0, which is typical for such grants.
• These units are scheduled to vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders.
• Following this transaction, Richard Burns beneficially owns 14,369 derivative securities (RSUs) and 14,369 shares of underlying Common Stock.
• There are no expiration dates associated with these Restricted Stock Units.

Sentiment

Score: 6

Explanation: The RSU grant is a routine compensation event, generally viewed as neutral to slightly positive as it aligns director incentives with shareholder interests, without indicating any significant operational or financial changes.

Positives

• The RSU grant aligns the director's financial interests with those of the shareholders, incentivizing long-term company performance.
• This type of equity compensation is a standard practice for retaining and motivating non-employee directors.

Negatives

• The issuance of new RSUs, upon vesting and conversion to common stock, will result in a minor dilution of existing shareholder equity.

Future Outlook

The granted Restricted Stock Units are set to vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders, indicating a future conversion to common stock.

Industry Context

The grant of Restricted Stock Units to a director is a common form of non-cash compensation in the technology and telecommunications equipment industry, aiming to align leadership incentives with long-term company performance and shareholder value.

Comparison to Industry Standards

• Granting Restricted Stock Units (RSUs) to non-employee directors is a widely accepted compensation practice across various industries, including technology, as it ties director compensation directly to the company's stock performance.
• The vesting schedule, typically over one year or until the next annual meeting, is also standard for such grants, similar to practices observed at comparable companies like Cisco Systems, Juniper Networks, or Ciena Corporation for their non-executive directors.

Related Party Transactions

• The grant of 14,369 Restricted Stock Units to Director Richard John Burns constitutes a related party transaction as it involves compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: Experience minor dilution upon vesting of the RSUs but benefit from increased alignment of the director's interests with long-term company performance.
• Director (Richard John Burns): Receives equity compensation, incentivizing continued service and focus on shareholder value.

Next Steps

• The Restricted Stock Units will vest on the earlier of the one-year anniversary of the grant date or the next Annual Meeting of Stockholders.

Key Dates

Keywords

VIAVI SOLUTIONS INC., VIAV, Restricted Stock Units, RSU grant, Director compensation, Insider transaction, Equity compensation, Form 4