Viavi (VIAV) Form 144 Filed for 8,987-Share Sale on NASDAQ
Rhea-AI Filing Summary
Form 144 notice for VIAV (Viavi Solutions Inc.) reporting proposed sale of company common stock. The filing shows 8,987 shares to be sold through Morgan Stanley Smith Barney LLC on 09/25/2025 on NASDAQ with an aggregate market value of $109,369.09. The shares were acquired as performance shares from the issuer on 09/23/2025 and payment is recorded as 09/23/2025. The filer reports 223,245,915 shares outstanding for the class. The notice also discloses that the same account sold 11,873 shares on 08/29/2025 for gross proceeds of $132,693.84. The form includes the standard representation that the seller does not possess undisclosed material adverse information.
Positive
- Disclosure compliance: The filing provides required Rule 144 details including broker, sale date, class, acquisition date, and aggregate market value.
- Transparency on recent activity: The form reports both the proposed sale (8,987 shares) and a recent sale (11,873 shares with gross proceeds $132,693.84).
Negative
- None.
Insights
Routine insider sale disclosure; modest volume relative to company equity, limited market impact.
The Form 144 documents a planned sale of 8,987 common shares via Morgan Stanley Smith Barney on 09/25/2025 valued at $109,369.09, acquired two days earlier as performance shares. The filing also records a prior sale of 11,873 shares on 08/29/2025 for $132,693.84. This is a compliance-driven disclosure under Rule 144 rather than a corporate-action announcement. Because the filing contains only the proposed sale quantities, acquisition dates, and gross proceeds for the prior sale, there is no additional financial data to suggest material impact on the company’s operations or capital structure.
Disclosure meets Rule 144 requirements; provides transparency on insider share movements without revealing intent.
The notice identifies the broker, sale date, class, and acquisition details consistent with Rule 144 reporting practices. The filer affirms absence of undisclosed material adverse information. The record of a recent prior sale and the proximity of acquisition-to-sale dates are factual disclosures only. The document does not include any governance actions, policy changes, or statements that would alter shareholder rights or company governance frameworks.