Form 4: VIAVI Executive Sells Shares Under 10b5-1 Plan

VIAVI Solutions' SVP, General Counsel & Secretary, Kevin Christopher Siebert, sold 24,225 shares of common stock under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Kevin Christopher Siebert, SVP Gen. Counsel & Secretary of VIAVI SOLUTIONS INC. (VIAV), sold 24,225 shares of common stock.
• The transaction occurred on December 8, 2025, at a weighted average price of $18.26 per share, with trades ranging from $18.07 to $18.41.
• The sale was executed pursuant to a Rule 10b5-1 Stock Trading Plan dated September 8, 2025.
• Following this transaction, Siebert beneficially owns 49,225 shares directly.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled insider sale under a 10b5-1 plan, which is a routine event and typically does not signal new material information about the company's prospects. It is generally viewed as neutral, though any reduction in insider ownership can be perceived slightly negatively.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was not based on new, non-public information and is a planned diversification or liquidity event.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the executive's direct equity stake in the company.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan dated September 8, 2025.
• This transaction was executed in multiple trades at prices ranging from $18.07 to $18.41. The price reported above reflects the weighted average sale price.

Industry Context

This Form 4 reports a routine insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• The reported transaction is an insider sale of common stock by a senior executive, which is a related party transaction.

Stakeholder Impact

• Shareholders: The reduction in direct ownership by a senior executive, while planned, could be interpreted as a minor negative signal regarding management's conviction, though the 10b5-1 plan mitigates this concern.

Key Dates

Recommendation

The reported transaction is a pre-scheduled insider sale under a Rule 10b5-1 plan, which is a routine event for executives to manage personal finances and is not typically indicative of new material information regarding the company's operational performance or future outlook. Therefore, it does not provide a strong basis for altering an existing investment recommendation.

Keywords

VIAVI Solutions, VIAV, Form 4, insider trading, stock sale, 10b5-1 plan, executive compensation, beneficial ownership