Form 4: Viavi Solutions SVP Siebert Reports Stock Transactions

Kevin Christopher Siebert, SVP, General Counsel & Secretary of Viavi Solutions Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On February 28, 2025, Kevin Christopher Siebert, SVP, General Counsel & Secretary of Viavi Solutions Inc., reported transactions involving Viavi Solutions Inc. common stock.
• 20,000 restricted stock units vested and converted into common stock.
• The company withheld 6,501 shares to cover tax obligations related to the vesting of the restricted stock units at a price of $11.18 per share.
• Following these transactions, Siebert directly owns 73,872 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
• The tax withholding practices are typical for restricted stock unit vesting, aligning with standard compensation practices.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates