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Viavi (VIAV) Form 144 Files Proposed Sale of 8,385 Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 filed for Viavi Solutions, Inc. (VIAV) reports a proposed sale of 8,385 Common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $95,067.45. The filer indicates the shares were acquired as restricted stock on 02/22/2017 from the issuer and payment was noted as not applicable. The filing lists the issuer's outstanding shares as 223,245,915, and an approximate sale date of 09/02/2025. The notice also discloses two prior sales by Richard E. Belluzzo in the past three months: 8,385 shares on 08/01/2025 for $81,500.52 and 8,385 shares on 07/01/2025 for $83,984.16. The filer certifies there is no undisclosed material adverse information and includes the standard signature representation.

Positive

  • Complete Rule 144 disclosure including broker, acquisition details, recent sales and certification enhances transparency

Negative

  • None.

Insights

TL;DR: Routine Form 144 reporting an insider sale of 8,385 shares; size is immaterial versus outstanding shares.

The filing documents a proposed sale of 8,385 common shares by an insider using Morgan Stanley Smith Barney, valued at $95,067.45. Compared with the issuer's reported 223,245,915 outstanding shares, the position is a very small fraction of equity, suggesting limited direct market impact. The filing also records two recent monthly sales of identical share amounts in July and August 2025, indicating ongoing disposition activity rather than a single transaction. Disclosure appears complete for Rule 144 purposes, including acquisition method (restricted stock) and required representations.

TL;DR: Compliance-focused filing; repeated small sales disclosed and signed with standard certifications.

The Form 144 includes necessary elements: broker name and address, class, number of shares, aggregate market value, acquisition date and nature (restricted stock), and recent sales in the past three months by the same person. The representation that the filer is unaware of undisclosed material adverse information and the signature notice satisfy certification requirements. From a governance perspective, the document evidences transparent reporting of insider dispositions but does not by itself indicate governance issues.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for VIAV report?

The Form 144 reports a proposed sale of 8,385 common shares through Morgan Stanley Smith Barney with an aggregate market value of $95,067.45 and an approximate sale date of 09/02/2025.

Who is the seller named in this filing?

The recent sales listed were made by Richard E. Belluzzo, with the filing indicating he is the person for whose account the securities are to be sold.

When and how were the securities originally acquired?

The securities were acquired on 02/22/2017 as restricted stock from the issuer.

Were there any other recent sales by the same person?

Yes. The filing lists sales of 8,385 shares on 08/01/2025 (gross proceeds $81,500.52) and 8,385 shares on 07/01/2025 (gross proceeds $83,984.16).

How large is the sale relative to outstanding shares?

The filing states 223,245,915 shares outstanding; 8,385 shares represent a very small fraction of the total outstanding shares.
Viavi Solutions Inc

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6.09B
228.05M
Communication Equipment
Semiconductors & Related Devices
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United States
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