Form 4: VIAVI Executive Sells Shares Under Pre-Arranged Plan
Insider Transaction Report
Kevin Siebert, SVP General Counsel & Secretary of VIAVI Solutions Inc., sold 13,115 shares of common stock for a weighted average price of $11.18 per share under a Rule 10b5-1 trading plan.
Summary
- Kevin Christopher Siebert, SVP Gen. Counsel & Secretary of VIAVI SOLUTIONS INC., reported a sale of common stock.
- The transaction involved the disposition of 13,115 shares of VIAV common stock.
- The shares were sold on August 29, 2025, at a weighted average price of $11.18 per share.
- The sale was executed pursuant to a Rule 10b5-1 Stock Trading Plan established on September 10, 2024.
- Following this transaction, Siebert beneficially owns 71,159 shares of VIAV common stock directly.
- The sale occurred in multiple trades with prices ranging from $11.10 to $11.27.
Sentiment
Score: 5
Explanation: The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is generally considered neutral as it does not reflect new discretionary decisions based on material non-public information.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing reports a routine insider stock transaction and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is pre-scheduled and not indicative of new material information.
- Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.
Key Dates
| Date | Description |
|---|---|
| 2024-09-10 | Date Rule 10b5-1 Stock Trading Plan was established. |
| 2025-08-29 | Date of common stock transaction (sale of shares). |
| 2025-09-02 | Date of earliest transaction reported and filing date of Form 4. |
Keywords
VIAVI Solutions, VIAV, Insider Trading, Form 4, Kevin Siebert, Stock Sale, 10b5-1 Plan, Executive Compensation
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