Form 4: VIAVI SVP Sells Shares Under 10b5-1 Plan

VIAVI Solutions SVP of Global Sales, Gary W. Staley, sold a total of 22,784 shares of common stock on February 2, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Gary W. Staley, SVP Global Sales NSE at VIAVI SOLUTIONS INC. (VIAV), reported changes in beneficial ownership.
• On February 2, 2026, Staley sold 5,646 shares of common stock at a weighted average price of $25.85 per share.
• On the same date, Staley sold an additional 17,138 shares of common stock at a weighted average price of $25.82 per share.
• These transactions were executed pursuant to a Rule 10b5-1(c) trading plan.
• Following these transactions, Staley beneficially owns 203,552 shares of VIAVI SOLUTIONS INC. common stock.
• The total beneficial ownership includes exempt purchases of 1,104 shares on January 31, 2018, and 2,041 shares on January 30, 2026, under the Employee Stock Purchase Plan (ESPP).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While an insider sale can sometimes be perceived negatively, the execution under a 10b5-1 plan suggests a pre-planned portfolio management activity rather than a reaction to new information.

Positives

• The transactions were executed under a Rule 10b5-1 trading plan, indicating pre-scheduled sales rather than a reaction to immediate company news.

Negatives

• An insider, the SVP Global Sales, sold a significant number of shares totaling 22,784 shares.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider sales, especially those executed under a 10b5-1 plan, are common for executives managing their personal portfolios and do not necessarily reflect a change in company fundamentals or industry outlook. However, a sale by a senior sales executive could be viewed with caution by some investors, depending on the broader market and company-specific context.

Comparison to Industry Standards

• Form 4 filings are standard regulatory disclosures for insider transactions across all publicly traded companies.
• The execution of sales under a Rule 10b5-1 plan is a common practice among executives to mitigate accusations of trading on material non-public information, aligning with best practices for corporate governance in the U.S. market.

Stakeholder Impact

• Shareholders: The sale by a senior executive could be interpreted differently by investors, potentially leading to minor short-term sentiment shifts, though the 10b5-1 plan mitigates concerns of opportunistic selling.

Key Dates

Recommendation

The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan. This type of transaction is common for executives managing their personal finances and typically does not signal a change in the company's fundamental outlook. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

VIAVI SOLUTIONS INC., VIAV, Form 4, Insider Trading, Stock Sale, Gary W. Staley, 10b5-1 Plan, SVP Global Sales