Form 4: Viavi Solutions Director Keith Barnes Reports Stock Transactions
SEC Form 4 Filing
Director Keith Barnes reports the vesting and conversion of restricted stock units into common stock, as well as the acquisition of additional restricted stock units.
Summary
- On November 6, 2024, Keith Barnes, a director of Viavi Solutions Inc., reported the vesting of 26,819 restricted stock units (RSUs) which converted into an equal number of common stock shares.
- Following this transaction, Barnes directly owns 194,299 shares of Viavi Solutions Inc.
- On November 7, 2024, Barnes acquired 23,529 restricted stock units that vest 100% on November 7, 2025.
- After this transaction, Barnes directly owns 23,529 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by a director.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | 26,819 Restricted Stock Units vested and converted into common stock. |
| 11/07/2024 | Acquisition of 23,529 Restricted Stock Units. |
| 11/07/2025 | 23,529 Restricted Stock Units vest 100%. |
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