Form 4: VIAVI Director Sells Shares Under Pre-Arranged 10b5-1 Plan

VIAVI Solutions Director Richard Belluzzo sold 8,385 shares of common stock for $11.34 per share under a pre-arranged trading plan.

Summary

• Richard Belluzzo, a Director of VIAVI Solutions Inc. (VIAV), reported the sale of common stock.
• The transaction involved the disposition of 8,385 shares of VIAV common stock.
• The shares were sold on September 2, 2025, at a weighted average price of $11.34 per share.
• The sale was executed pursuant to a Rule 10b5-1 Stock Trading Plan established on February 4, 2025.
• Following this transaction, Mr. Belluzzo directly beneficially owns 225,541 shares of VIAV common stock.
• This total includes 83,292 shares held in trust for his family, over which he retains sole voting and investment power.
• The sale price for the transaction ranged from $11.18 to $11.46 per share.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale under a 10b5-1 plan, which is a common practice for insiders to manage their holdings and is not typically indicative of a change in the company's fundamental outlook or the insider's confidence.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This filing reports a routine insider transaction and does not provide information related to broader industry trends or competitors.

Stakeholder Impact

• Shareholders: Minimal direct impact as the sale is pre-scheduled and not indicative of a change in company fundamentals.

Key Dates

Recommendation

A routine, pre-scheduled insider sale under a 10b5-1 plan does not typically provide new information that would warrant a change in investment recommendation for the stock. It represents a personal liquidity event for the director rather than a signal about the company's future performance.

Keywords

VIAVI Solutions, VIAV, Richard Belluzzo, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan