Form 4: Viavi Solutions Executive Paul McNab Reports Share Transfer
SEC Form 4 Filing
Paul McNab, EVP, Chief Marketing & Strategy Officer at Viavi Solutions, reports a transfer of 4,678 common stock shares on September 11, 2024, via a Form 4 filing.
Summary
- Paul McNab, an executive at Viavi Solutions, filed a Form 4 on September 12, 2024, reporting a transaction involving the company's common stock.
- On September 11, 2024, Mr. McNab transferred 4,678 shares of common stock in an exempt transaction.
- Following the reported transaction, Mr. McNab directly owns 40,465 shares of Viavi Solutions common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a share transfer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of an executive at Viavi Solutions.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's activity, but the number of shares transferred is relatively small compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of the share transfer transaction |
| 09/12/2024 | Date of Form 4 filing |
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