STOCK TITAN

[Form 4] Viavi Solutions Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Luke M. Scrivanich, SVP General Manager OSP at Viavi Solutions (VIAV), sold 11,873 shares on 08/29/2025 under a Rule 10b5-1 trading plan. The sales were executed in multiple trades at prices ranging from $11.10 to $11.27, with a reported weighted average sale price of $11.18. After the reported disposals, the reporting person beneficially owned 66,836 shares. The Form 4 indicates the transaction was made pursuant to a 10b5-1 plan dated September 11, 2024, and the filing was signed by an attorney-in-fact on behalf of the reporting person.

Luke M. Scrivanich, SVP e General Manager OSP presso Viavi Solutions (VIAV), ha venduto 11.873 azioni il 29/08/2025 nell'ambito di un piano di negoziazione ai sensi della Regola 10b5-1. Le vendite sono state eseguite in più operazioni a prezzi compresi tra $11,10 e $11,27, con un prezzo medio ponderato riportato di $11,18. Dopo le cessioni segnalate, la persona segnalante beneficiava della proprietà di 66.836 azioni. Il Modulo 4 indica che la transazione è stata effettuata in base a un piano 10b5-1 datato 11 settembre 2024 e la dichiarazione è stata firmata da un procuratore legale per conto della persona segnalante.

Luke M. Scrivanich, SVP y General Manager OSP en Viavi Solutions (VIAV), vendió 11.873 acciones el 29/08/2025 bajo un plan de negociación conforme a la Regla 10b5-1. Las ventas se ejecutaron en múltiples operaciones a precios que oscilaron entre $11,10 y $11,27, con un precio medio ponderado informado de $11,18. Tras las disposiciones comunicadas, la persona informante era beneficiaria de 66.836 acciones. El Formulario 4 indica que la transacción se realizó de conformidad con un plan 10b5-1 con fecha 11 de septiembre de 2024, y la presentación fue firmada por un apoderado en nombre de la persona informante.

루크 M. 스크리바닉(Luke M. Scrivanich), Viavi Solutions(VIAV) OSP 담당 수석 부사장 겸 총괄 매니저가 2025-08-29에 10b5-1 규정에 따른 거래 계획에 따라 11,873주를 매도했습니다. 해당 매도는 주당 $11.10에서 $11.27 사이의 여러 거래로 실행되었으며 신고된 가중 평균 매각 가격은 $11.18입니다. 신고된 처분 이후 해당 보고인은 66,836주의 실질적 소유권을 보유하고 있었습니다. 양식(Form) 4에는 거래가 2024년 9월 11일자 10b5-1 계획에 따라 이루어졌고, 제출 서류는 보고인을 대신하여 법적 대리인이 서명했음이 명시되어 있습니다.

Luke M. Scrivanich, SVP et General Manager OSP chez Viavi Solutions (VIAV), a vendu 11 873 actions le 29/08/2025 dans le cadre d'un plan de négociation au titre de la règle 10b5-1. Les ventes ont été exécutées en plusieurs transactions à des prix compris entre 11,10 $ et 11,27 $, avec un prix de vente moyen pondéré déclaré de 11,18 $. Après les cessions signalées, la personne déclarante détenait effectivement 66 836 actions. Le formulaire 4 indique que la transaction a été effectuée conformément à un plan 10b5-1 daté du 11 septembre 2024 et que le dépôt a été signé par un mandataire au nom de la personne déclarante.

Luke M. Scrivanich, SVP und General Manager OSP bei Viavi Solutions (VIAV), verkaufte am 29.08.2025 im Rahmen eines Handelsplans nach Regel 10b5-1 11.873 Aktien. Die Verkäufe wurden in mehreren Transaktionen zu Preisen zwischen $11,10 und $11,27 ausgeführt; der gemeldete gewichtete durchschnittliche Verkaufspreis betrug $11,18. Nach den gemeldeten Veräußerungen hielt die meldende Person wirtschaftlich 66.836 Aktien. Das Formular 4 weist aus, dass die Transaktion gemäß einem 10b5-1-Plan vom 11. September 2024 erfolgte und die Einreichung von einem Bevollmächtigten im Namen der meldenden Person unterschrieben wurde.

Positive
  • Transaction executed under a Rule 10b5-1 plan, indicating a pre-established trading arrangement and compliance with insider-trading procedures
  • Full disclosure of weighted average sale price range ($11.10 to $11.27) and number of shares sold (11,873) provides transparency
Negative
  • Insider disposed of 11,873 shares, reducing beneficial ownership to 66,836 shares
  • Sale represents a notable reduction in the reporting person's stake (explicit remaining holdings shown)

Insights

TL;DR: Insider sale executed under an established 10b5-1 plan reduces governance concerns but lowers the officer's stake.

The filing documents a non-derivative sale of 11,873 common shares by an officer of Viavi Solutions pursuant to a Rule 10b5-1 plan dated September 11, 2024. Trades occurred at prices between $11.10 and $11.27, with a weighted average of $11.18, and left the reporting person with 66,836 shares. From a governance standpoint, use of a pre-established trading plan signals adherence to insider trading controls and provides affirmative defense protections. The transaction itself is routine and disclosed timely via Form 4.

TL;DR: The sale is material to the insider but not necessarily materially informative about company fundamentals.

This Form 4 shows an officer-initiated disposal executed under a documented 10b5-1 program, reporting both the number of shares sold and remaining beneficial ownership. The weighted average sale price is explicitly reported and the filing provides that trade details can be furnished on request. The disclosure is clear and complies with Section 16 reporting requirements; it does not include derivative activity or other compensatory transactions.

Luke M. Scrivanich, SVP e General Manager OSP presso Viavi Solutions (VIAV), ha venduto 11.873 azioni il 29/08/2025 nell'ambito di un piano di negoziazione ai sensi della Regola 10b5-1. Le vendite sono state eseguite in più operazioni a prezzi compresi tra $11,10 e $11,27, con un prezzo medio ponderato riportato di $11,18. Dopo le cessioni segnalate, la persona segnalante beneficiava della proprietà di 66.836 azioni. Il Modulo 4 indica che la transazione è stata effettuata in base a un piano 10b5-1 datato 11 settembre 2024 e la dichiarazione è stata firmata da un procuratore legale per conto della persona segnalante.

Luke M. Scrivanich, SVP y General Manager OSP en Viavi Solutions (VIAV), vendió 11.873 acciones el 29/08/2025 bajo un plan de negociación conforme a la Regla 10b5-1. Las ventas se ejecutaron en múltiples operaciones a precios que oscilaron entre $11,10 y $11,27, con un precio medio ponderado informado de $11,18. Tras las disposiciones comunicadas, la persona informante era beneficiaria de 66.836 acciones. El Formulario 4 indica que la transacción se realizó de conformidad con un plan 10b5-1 con fecha 11 de septiembre de 2024, y la presentación fue firmada por un apoderado en nombre de la persona informante.

루크 M. 스크리바닉(Luke M. Scrivanich), Viavi Solutions(VIAV) OSP 담당 수석 부사장 겸 총괄 매니저가 2025-08-29에 10b5-1 규정에 따른 거래 계획에 따라 11,873주를 매도했습니다. 해당 매도는 주당 $11.10에서 $11.27 사이의 여러 거래로 실행되었으며 신고된 가중 평균 매각 가격은 $11.18입니다. 신고된 처분 이후 해당 보고인은 66,836주의 실질적 소유권을 보유하고 있었습니다. 양식(Form) 4에는 거래가 2024년 9월 11일자 10b5-1 계획에 따라 이루어졌고, 제출 서류는 보고인을 대신하여 법적 대리인이 서명했음이 명시되어 있습니다.

Luke M. Scrivanich, SVP et General Manager OSP chez Viavi Solutions (VIAV), a vendu 11 873 actions le 29/08/2025 dans le cadre d'un plan de négociation au titre de la règle 10b5-1. Les ventes ont été exécutées en plusieurs transactions à des prix compris entre 11,10 $ et 11,27 $, avec un prix de vente moyen pondéré déclaré de 11,18 $. Après les cessions signalées, la personne déclarante détenait effectivement 66 836 actions. Le formulaire 4 indique que la transaction a été effectuée conformément à un plan 10b5-1 daté du 11 septembre 2024 et que le dépôt a été signé par un mandataire au nom de la personne déclarante.

Luke M. Scrivanich, SVP und General Manager OSP bei Viavi Solutions (VIAV), verkaufte am 29.08.2025 im Rahmen eines Handelsplans nach Regel 10b5-1 11.873 Aktien. Die Verkäufe wurden in mehreren Transaktionen zu Preisen zwischen $11,10 und $11,27 ausgeführt; der gemeldete gewichtete durchschnittliche Verkaufspreis betrug $11,18. Nach den gemeldeten Veräußerungen hielt die meldende Person wirtschaftlich 66.836 Aktien. Das Formular 4 weist aus, dass die Transaktion gemäß einem 10b5-1-Plan vom 11. September 2024 erfolgte und die Einreichung von einem Bevollmächtigten im Namen der meldenden Person unterschrieben wurde.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SCRIVANICH LUKE M

(Last) (First) (Middle)
C/O VIAVI SOLUTIONS INC.
1445 SOUTH SPECTRUM BLVD, SUITE 102

(Street)
CHANDLER AZ 85286

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VIAVI SOLUTIONS INC. [ VIAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP General Manager OSP
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2025 S(1) 11,873 D $11.18(2) 66,836 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan dated September 11, 2024.
2. This transaction was executed in multiple trades at prices ranging from $11.10 to $11.27. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
/s/ Donna T. Rossi, attorney-in-fact 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed for VIAV report?

The Form 4 reports that Luke M. Scrivanich sold 11,873 shares of Viavi Solutions on 08/29/2025 under a Rule 10b5-1 plan.

At what prices were the VIAV shares sold?

Trades were executed between $11.10 and $11.27, with a reported weighted average sale price of $11.18.

How many VIAV shares does the reporting person own after the sale?

The reporting person beneficially owned 66,836 shares following the reported transaction.

Was the sale part of a trading plan?

Yes. The shares were sold pursuant to a Rule 10b5-1 trading plan dated September 11, 2024, as stated in the Form 4.

Who signed the Form 4 filing?

The Form 4 was signed by Donna T. Rossi, attorney-in-fact, on 09/02/2025 as indicated on the filing.
Viavi Solutions Inc

NASDAQ:VIAV

VIAV Rankings

VIAV Latest News

VIAV Latest SEC Filings

VIAV Stock Data

2.52B
219.87M
1.51%
99.2%
3.52%
Communication Equipment
Semiconductors & Related Devices
Link
United States
CHANDLER