Form 4: VIAVI SVP Sells Stock Under Pre-Arranged 10b5-1 Plan

VIAVI Solutions SVP Gary W. Staley reported the sale of 20,742 shares of common stock on February 3, 2026, executed under a Rule 10b5-1 trading plan.

Summary

• Gary W. Staley, SVP Global Sales NSE at VIAVI Solutions Inc. (VIAV), reported a transaction involving the company's common stock.
• On February 3, 2026, Mr. Staley sold 20,742 shares of VIAV common stock at a price of $25.92 per share.
• This transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan, as indicated by the checked box on the form.
• Following this sale, Mr. Staley beneficially owns 182,810 shares of VIAV common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, the execution under a 10b5-1 plan suggests it's a pre-planned personal financial management decision rather than a reaction to new company-specific information.

Positives

• The sale was executed under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not based on immediate, non-public information, which mitigates concerns about opportunistic insider selling.

Negatives

• An insider sale reduces the executive's direct ownership stake in the company.

Risks

• While mitigated by the 10b5-1 plan, significant or frequent insider selling could potentially be perceived negatively by some investors, leading to questions about management's long-term confidence.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider transactions, particularly sales executed under Rule 10b5-1 plans, are a routine part of executive compensation and personal financial management. These plans allow insiders to sell shares at predetermined times or prices to avoid accusations of trading on material non-public information, making this specific transaction less indicative of a change in company outlook compared to an unscheduled sale.

Stakeholder Impact

• Shareholders: May observe a slight reduction in insider ownership, though the 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Keywords

VIAVI Solutions, VIAV, Form 4, Insider Sale, 10b5-1 Plan, Gary W. Staley, Common Stock, Executive Compensation