Form 4: Viavi Solutions SVP Kevin Christopher Siebert Sells Shares

Kevin Christopher Siebert, SVP, General Counsel & Secretary of Viavi Solutions Inc., sold 8,432 shares of common stock on August 29, 2024, at a weighted average price of $8.63.

Summary

• On August 29, 2024, Kevin Christopher Siebert, the SVP, General Counsel & Secretary of Viavi Solutions Inc., sold 8,432 shares of the company's common stock.
• The sale was executed at a weighted average price of $8.63 per share, with individual trades occurring between $8.48 and $8.71.
• Following the transaction, Siebert directly owns 56,617 shares of Viavi Solutions Inc.
• The sale was conducted under a pre-arranged Rule 10b5-1 stock trading plan established on February 10, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company. It is important for investors to monitor these filings to understand the sentiment of company insiders.

Stakeholder Impact

• The sale of shares by a company insider could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.

Key Dates