Form 4: Viavi Solutions Executive Paul McNab Reports Stock Sale and Gift
SEC Form 4 Filing
Paul McNab, EVP, Chief Marketing & Strategy Officer at Viavi Solutions, reported selling 9,034 shares of common stock at an average price of $11.09 and gifting 4,500 shares.
Summary
- On March 5, 2025, Paul McNab, EVP, Chief Marketing & Strategy Officer at Viavi Solutions, sold 9,034 shares of common stock at a weighted average price of $11.09.
- The sale was executed in multiple trades with prices ranging from $11.09 to $11.10.
- On March 6, 2025, McNab gifted 4,500 shares of common stock in an exempt transaction.
- Following these transactions, McNab directly owns 34,275 shares of Viavi Solutions common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
- The gift of shares is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Paul McNab sold 9,034 shares of Viavi Solutions common stock. |
| 03/06/2025 | Paul McNab gifted 4,500 shares of Viavi Solutions common stock. |
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