VIAVI SOLUTIONS INC. SEC Filings

VIAVI SOLUTIONS INC. director Joanne Solomon sold 10,000 shares of common stock on 2026-08-14 in open-market or private transactions at a weighted average price of $42.92 per share, with individual trade prices ranging from $42.88 to $43.04.

Following this sale, Solomon directly holds 65,924 shares of VIAVI common stock. The transaction is not reported as made under a Rule 10b5-1 trading plan and was executed in multiple trades.

Viavi Solutions Inc. describes a diversified business built around two segments: Network and Service Enablement (NSE), which provides test, monitoring, assurance and resilient PNT solutions for communications, data centers and defense, and Optical Security and Performance Products (OSP), which supplies anti-counterfeiting pigments and advanced optical coatings for 3D sensing, aerospace, industrial and automotive uses.

The company reports an aggregate market value of non‑affiliate equity of $4.2 billion as of December 27, 2025 and 246,749,828 common shares outstanding as of July 25, 2026. Viavi is executing a corporate strategy focused on defending core markets, investing in secular trends like AI data centers and 5G/6G, expanding into mission‑critical adjacent markets, and disciplined capital allocation including debt management, NOL utilization and share buybacks.

In fiscal 2026, Viavi initiated a restructuring plan affecting about 5% of its workforce, targeting approximately $30.0 million in annualized gross cost savings, largely completed by the end of calendar 2026. The company highlights significant technology assets, including more than 3,400 patents worldwide, and about 4,100 employees across 34 countries, while outlining extensive risk factors spanning geopolitical tensions, rapid technological change, supply chain constraints, cybersecurity threats, privacy and export controls, and evolving sustainability regulations.

Capital World Investors, a division of Capital Research and Management Company and its affiliates, reports beneficial ownership of 9,193,685 shares of Viavi Solutions Inc. common stock on an amended Schedule 13G. This represents 3.8% of the 245,018,981 shares believed to be outstanding.

Capital World Investors has sole voting and dispositive power over all 9,193,685 shares and no shared voting or dispositive power. The reported holdings include 525,000 Corporate Convertible/Exchangeable Debts, which represent 38,078 shares of common stock.

Viavi Solutions Inc. executive Paul McNab, EVP and Chief Marketing & Strategy Officer, reported a sale of 1,595 shares of common stock on 2026-08-10 at $37.37 per share in an open market or private transaction. Following this sale, he directly holds 13,876 shares of Viavi common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Viavi Solutions reported preliminary strong results for the fiscal fourth quarter and year ended June 27, 2026. Q4 net revenue was $443.1 million, up 52.5% year-over-year, with GAAP operating margin of 13.8% and non-GAAP operating margin of 24.0%. Q4 GAAP net income was $32.7 million and non-GAAP net income was $89.1 million, translating to GAAP diluted EPS of $0.13 and non-GAAP diluted EPS of $0.34.

For fiscal 2026, net revenue reached $1.5 billion, up 40.0% year-over-year. GAAP operating margin was 6.9%, while non-GAAP operating margin improved to 20.6%. The company recorded a GAAP net loss of $30.4 million but delivered non-GAAP net income of $243.8 million, or non-GAAP EPS of $1.00. Network and Service Enablement revenue grew 52.3% to $1,182.9 million, and Optical Security and Performance Products grew 9.0% to $335.4 million.

As of June 27, 2026, Viavi held $656.7 million in total cash, short-term investments and short-term restricted cash, against senior notes with a total net carrying value of $641.9 million. Fiscal 2026 operating cash flow was $113.9 million, and adjusted EBITDA was $352.5 million. The company updated its non-GAAP methodology to exclude employer payroll taxes related to stock-based compensation and issued guidance for first-quarter fiscal 2027 net revenue of $450–$460 million and non-GAAP EPS of $0.40–$0.42.

Vanguard Portfolio Management LLC filed an amended Schedule 13G/A reporting beneficial ownership of 13,682,022 shares of Viavi Solutions Inc. common stock, representing 5.58% of the class as of June 30, 2026. Vanguard reports sole voting power over 66,338 shares and sole dispositive power over all 13,682,022 shares, with no shared voting or dispositive power.

The filing explains that this stake reflects securities beneficially owned or deemed beneficially owned by Vanguard Portfolio Management LLC and certain affiliates and business divisions, including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. Vanguard-managed funds and other client accounts have the right to receive dividends and sale proceeds, but no single other person has an interest in more than 5% of the class.

BlackRock, Inc. reports beneficial ownership of 23,399,548 shares of VIAVI Solutions Inc., representing 9.5% of the outstanding common stock as of 06/30/2026. The filing shows BlackRock holds sole voting power for 22,781,389 shares and sole dispositive power for 23,399,548 shares.

VIAVI SOLUTIONS INC. SVP and Chief Operations Officer Anthony Michael Petrucci reported routine equity compensation activity. On May 28, 2026, vested stock units and market stock units converted into a total of 16,320 shares of common stock. To cover tax obligations related to these vestings, the company retained 3,975 shares at a price of $48.49 per share, described as not exceeding the related tax liability. Footnotes clarify that each stock unit converts into one common share, units vest annually in four equal installments, and the first tranche of MSUs vested at 123.50% of target. These transactions are characterized as derivative exercises and tax-withholding dispositions, not open-market purchases or sales.