Form 4: VIAVI SVP Sells 13,901 Shares

Luke M. Scrivanich, SVP General Manager OSP at VIAVI Solutions Inc., reported the sale of 13,901 shares of common stock at $26.59 per share.

Summary

• Luke M. Scrivanich, SVP General Manager OSP of VIAVI Solutions Inc. (VIAV), sold 13,901 shares of common stock.
• The transaction occurred on February 13, 2026, at a price of $26.59 per share.
• Following this sale, Scrivanich directly beneficially owns 49,980 shares of VIAVI Solutions Inc. common stock.
• The total shares beneficially owned include an exempt purchase of 2,061 shares under the Employee Stock Purchase Plan (ESPP) on January 30, 2026.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal due to the insider sale, although the prior ESPP purchase offers a slight counterpoint, suggesting some continued engagement.

Positives

• The reporting person participated in an Employee Stock Purchase Plan (ESPP), acquiring 2,061 shares on January 30, 2026, indicating some level of continued investment.

Negatives

• An insider, Luke M. Scrivanich, sold a significant number of shares (13,901) at $26.59 per share.

Risks

• Insider selling can sometimes be interpreted by the market as a signal that management perceives the stock to be fully valued or that future prospects may be less robust.

Future Outlook

Not applicable, as Form 4 filings primarily report historical insider transactions and do not typically contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider selling, particularly by a Senior Vice President, can sometimes be viewed by the market as a potential indicator of management's perception of the company's near-term valuation or future growth trajectory. While not definitive, it warrants attention from investors tracking insider sentiment within the technology and communications test and measurement industry, where VIAVI operates.

Stakeholder Impact

• Shareholders may interpret the insider sale as a negative signal regarding the company's future prospects or current valuation, potentially influencing their investment decisions.

Key Dates

Recommendation

While the insider sale by a Senior Vice President could be perceived negatively, it's a single transaction and may be for personal financial planning reasons. The prior ESPP purchase also indicates some continued investment. Without broader context on company performance or other insider activity, a 'hold' recommendation is prudent, advising investors to monitor future developments and broader market trends for VIAVI Solutions.

Keywords

VIAVI Solutions, VIAV, Insider Trading, Form 4, Stock Sale, Luke Scrivanich, SVP General Manager OSP, Equity Transaction