Form 4: Viavi Solutions Director Sells 30,000 Shares Under 10b5-1 Plan

A Viavi Solutions director, Masood Jabbar, sold 30,000 shares of common stock at an average price of $10.01, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Masood Jabbar, a director at Viavi Solutions Inc., sold 30,000 shares of common stock on January 14, 2025.
• The sale was executed under a pre-arranged Rule 10b5-1 stock trading plan established on May 15, 2024.
• The shares were sold at a weighted average price of $10.01, with individual trades ranging from $9.90 to $10.10.
• Following the transaction, Jabbar directly owns 180,333 shares of Viavi Solutions common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for an insider stock sale, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of an insider transaction and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are common among corporate insiders to avoid accusations of trading on non-public information.
• The sale is within the typical range of insider transactions for a company of this size.
• Similar transactions are regularly reported by directors and officers of publicly traded companies.

Stakeholder Impact

• The sale may have a minor impact on the stock price, but it is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates

Keywords

Form 4, insider trading, stock sale, Rule 10b5-1, Viavi Solutions, VIAV, director, Masood Jabbar