Form 4: VIAVI SVP Sells Shares Under 10b5-1 Plan
Insider Transaction Report
VIAVI Solutions SVP Luke Scrivanich sold 8,987 shares of common stock for a weighted average price of $12.17 per share, executed under a Rule 10b5-1 trading plan.
Summary
- Luke M. Scrivanich, SVP General Manager OSP at VIAVI Solutions Inc. (VIAV), reported a sale of common stock.
- The transaction involved the disposition of 8,987 shares of common stock.
- The shares were sold at a weighted average price of $12.17 per share.
- The sale was executed on September 25, 2025, pursuant to a Rule 10b5-1 Stock Trading Plan dated September 11, 2024.
- Following this transaction, Luke M. Scrivanich beneficially owns 79,335 shares of VIAVI Solutions Inc. common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is generally considered a neutral event and does not typically indicate a significant positive or negative sentiment regarding the company's prospects.
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction and does not provide information related to broader industry trends or competitors.
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal impact on shareholder sentiment, as it is a pre-scheduled event rather than a discretionary sale based on new information.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of the Rule 10b5-1 Stock Trading Plan. |
| 09/25/2025 | Date of the reported transaction (sale of common stock). |
Recommendation
holdThe reported transaction is a routine insider sale executed under a pre-arranged 10b5-1 trading plan. Such transactions are typically not indicative of a change in the company's fundamental outlook or performance and therefore do not warrant a shift in investment recommendation based solely on this filing.
Keywords
VIAVI Solutions, VIAV, Luke Scrivanich, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Common Stock
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