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VIAV (NASDAQ: VIAV) director sale: 13,901 shares, $369,628.98 proceeds

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

Rhea-AI Filing Summary

Luke Scrivanich reported a Rule 144 sale of 13,901 shares of Common Stock on 02/13/2026 for proceeds of $369,628.98. The filing lists several classes of common stock awards and ESPP allocations by grant date, including Performance Shares and Employee Stock Purchase Plan entries with specified grant counts and dates.

Positive

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Negative

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Insights

Rule 144 sale notice filed showing a single open-market disposition by an individual holder.

The notice documents a sale of 13,901 shares on 02/13/2026 generating $369,628.98 in proceeds. The filing also lists multiple award and ESPP grant entries by date and share counts.

Filing content is administrative: it records an individual disposition under resale rules; cash‑flow treatment (recipient of proceeds) is the selling holder as stated. Further context on remaining holdings or restrictions is not provided in the excerpt.

Shares sold 13,901 shares sale on 02/13/2026
Proceeds $369,628.98 proceeds from sale on 02/13/2026
Performance Shares (2014 grant) 1,258 shares grant date 09/25/2014
Performance Shares (2025 grant) 6,000 shares grant date 09/23/2025
ESPP entry 770 shares grant date 01/29/2021
ESPP entry 880 shares grant date 07/30/2021
Performance Shares financial
"Performance Shares | 09/25/2014 | ... | 1258"
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.
Employee Stock Purchase Plan financial
"Employee Stock Purchase Plan | 07/31/2020 | ... | 278"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.

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 did VIAV insider Luke Scrivanich report in the Form 144?

The Form 144 reports a sale of 13,901 shares on 02/13/2026 with proceeds of $369,628.98. The filing also lists multiple award and ESPP grant entries with grant dates and share counts.

Does the Form 144 show the types of securities involved for VIAV?

Yes. The filing lists Common stock tied to Performance Shares and Employee Stock Purchase Plan grants, with grant dates and specific share counts shown in the excerpt.

How much did Luke Scrivanich receive from the reported sale on the Form 144?

The sale generated $369,628.98 in proceeds from the disposition of 13,901 shares on 02/13/2026, as stated in the filing excerpt.

Are there other recent awards or ESPP entries listed in the VIAV filing?

The excerpt shows multiple grant entries with dates and counts, including Performance Shares (e.g., 1,258 on 09/25/2014 and 6,000 on 09/23/2025) and several ESPP entries with listed share counts.