Form 4: Viavi Solutions SVP Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Kevin Christopher Siebert, SVP, General Counsel & Secretary of Viavi Solutions Inc., sold 2,671 shares of common stock at $8.86 per share on September 26, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On September 26, 2024, Kevin Christopher Siebert, SVP, General Counsel & Secretary of Viavi Solutions Inc., sold 2,671 shares of common stock.
- The sale was executed at a price of $8.86 per share.
- The transaction was conducted under a Rule 10b5-1 stock trading plan established on February 10, 2023.
- Following the transaction, Siebert directly owns 60,373 shares of Viavi Solutions Inc.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider transactions are routinely monitored by investors to gauge executive sentiment regarding the company's prospects. Sales under a 10b5-1 plan are less indicative of current sentiment, as these plans are pre-arranged.
Key Dates
| Date | Description |
|---|---|
| 02/10/2023 | Date of Rule 10b5-1 Stock Trading Plan |
| 09/26/2024 | Date of transaction (stock sale) |
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