Form 4: Viavi Solutions Director Laura A. Black Reports Stock Transactions

Director Laura A. Black reported the vesting of restricted stock units and subsequent conversion into common stock of Viavi Solutions Inc.

Summary

• On November 6, 2024, Director Laura A. Black of Viavi Solutions Inc. reported the vesting of 26,819 restricted stock units (RSUs) which converted into an equal number of common stock shares.
• These shares were acquired at a price of $0.
• Following the transaction, Ms. Black directly owns 118,968 shares of Viavi Solutions Inc.
• On November 7, 2024, Ms. Black was granted 23,529 restricted stock units which vest 100% on November 7, 2025.
• Following the transaction, Ms. Black directly owns 23,529 restricted stock units of Viavi Solutions Inc.

Sentiment

Score: 5

Explanation: This is a neutral report on insider trading activity, with no inherent positive or negative implications for the company's performance.

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 insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects insider activity, which is generally monitored for alignment of interests.

Key Dates