Form 4: VIAVI Solutions Director Sells Over 8,000 Shares Under Pre-Arranged Trading Plan

VIAVI Solutions Inc. Director Richard Belluzzo sold 8,385 shares of common stock for a weighted average price of $9.03 per share on June 2, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

• Richard Belluzzo, a Director of VIAVI Solutions Inc. (VIAV), sold 8,385 shares of common stock.
• The transaction occurred on June 2, 2025.
• The shares were sold at a weighted average price of $9.03 per share, with individual trades ranging from $8.96 to $9.08.
• This sale was executed under a Rule 10b5-1 Stock Trading Plan established on February 4, 2025.
• Following this transaction, Mr. Belluzzo beneficially owns 250,696 shares of VIAVI Solutions Inc. common stock.

Sentiment

Score: 5

Explanation: The document reports a routine insider stock sale under a pre-arranged 10b5-1 plan, which is generally considered neutral for company sentiment as it's often for personal financial planning rather than a reaction to new company developments.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than an immediate reaction to new information, which can mitigate concerns about opportunistic insider selling.

Negatives

• A director selling shares, even under a pre-arranged plan, could be interpreted by some investors as a signal of reduced confidence in the company's near-term prospects, although this is often a personal financial decision.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of common stock by Richard Belluzzo, a Director of VIAVI Solutions Inc.

Stakeholder Impact

• Shareholders: May interpret the sale differently; some might see it as a negative signal, while others recognize it as a routine personal financial decision under a 10b5-1 plan.

Key Dates

Keywords

VIAVI Solutions, VIAV, Form 4, insider trading, stock sale, director, Richard Belluzzo, 10b5-1 plan, common stock