Form 4: Viavi Solutions Executive VP Paul McNab Sells 6,822 Shares
SEC Form 4 Filing
Paul McNab, Executive VP and Chief Marketing & Strategy Officer of Viavi Solutions, sold 6,822 shares of common stock at $7.33 per share on May 29, 2024.
Summary
- On May 29, 2024, Paul McNab, an Executive VP and Chief Marketing & Strategy Officer at Viavi Solutions Inc. (VIAV), sold 6,822 shares of the company's common stock.
- The shares were sold at a price of $7.33 per share.
- Following the transaction, McNab directly owns 42,955 shares of Viavi Solutions common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This sale by an executive may be viewed in the context of overall market conditions and company performance.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of stock sale transaction |
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