Khaykin trusts report multi-million share sales (VIAV)

Rhea-AI Filing Summary

VIAV filed a Form 144 reporting proposed sales of Common stock by Oleg Khaykin and related irrevocable trusts.

The excerpt lists multiple reported transactions: 123,333 shares on 05/07/2026 for $6,342,855.86; 104,552 shares on 05/05/2026 for $5,709,919.29; and additional trust sales on 05/06/2026, 05/05/2026, 02/10/2026, 02/09/2026 with amounts shown for each line item. The filing also references performance share awards dated 09/26/2023 and 03/01/2025.

Insights

Securities Compliance Attorney

Routine Form 144 notices list proposed resale transactions by insider-related trusts and individuals.

Form 144 is a regulatory notice that must be filed to effect certain restricted or control-person sales. The excerpt shows specific share counts and gross proceeds tied to each reported sale date, which are factual disclosures of proposed transactions.

Review subject-to conditions in full filings and broker statements for settlement mechanics; subsequent SEC filings may report the actual settlement results.

Key Figures

Shares reported 05/07/2026: 123,333 shares Proceeds 05/07/2026: $6,342,855.86 Shares reported 05/05/2026: 104,552 shares +4 more

7 metrics

Shares reported 05/07/2026 123,333 shares reported sale date 05/07/2026

Proceeds 05/07/2026 $6,342,855.86 gross proceeds tied to 123,333 shares

Shares reported 05/05/2026 104,552 shares reported sale date 05/05/2026

Proceeds 05/05/2026 $5,709,919.29 gross proceeds tied to 104,552 shares

Shares reported 05/06/2026 34,024 shares reported sale date 05/06/2026

Proceeds 05/06/2026 $1,837,517.16 gross proceeds tied to 34,024 shares

Performance shares referenced 66,539 and 70,008 shares award dates 09/26/2023 and 03/01/2025

Key Terms

Form 144, Performance Shares, Irrevocable Trust

3 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Performance Shares financial

"Common | 09/26/2023 | Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Irrevocable Trust legal

"OLEG KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	136547	7076084.02	233907870	05/08/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/26/2023	Performance Shares	Issuer			66539	09/26/2023	Not Applicable
Common	03/01/2025	Performance Shares	Issuer			70008	03/01/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
OLEG KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	05/07/2026	123333	6342855.86
OLEG KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	05/06/2026	34024	1837517.16
HELEN KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	05/05/2026	20238	1108449.43
OLEG KHAYKIN 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	05/05/2026	104552	5709919.29
HELEN KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	02/10/2026	20000	550134.00
OLEG KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	02/10/2026	42767	1176113.88
OLEG KHAYKIN IRREVOCABLE TRUST 1445 South Spectrum Blvd Suite 102 Chandler AZ 85286	Common	02/09/2026	73250	1923120.15

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Who reported the sales in the VIAV Form 144?

The sales were reported by Oleg Khaykin and related irrevocable trusts. The excerpt lists sales attributed to Oleg Khaykin and Helen Khaykin irrevocable trusts at specified dates and amounts.

How many shares and proceeds are shown for the largest line item?

The largest line item shows 123,333 shares on 05/07/2026 with proceeds of $6,342,855.86. That figure appears as a single reported sale row in the excerpt.

What other sale examples are included in the filing excerpt?

Other reported examples include 104,552 shares on 05/05/2026 for $5,709,919.29 and 34,024 shares on 05/06/2026 for $1,837,517.16, among additional trust transactions listed.

Does the excerpt show any award or grant dates related to the shares?

Yes. The excerpt references Performance Shares with dates 09/26/2023 (66,539) and 03/01/2025 (70,008) listed under securities to be sold, indicating award dates recorded in the table.

What is the filing form type and its regulatory purpose?

This is a Form 144, a notice of proposed sale required for certain restricted or control-person securities. It identifies proposed sales, seller identities, share counts, dates, and gross proceeds for disclosure.