VIAVI SOLUTIONS INC. (VIAV) EVP McNab sells 2,727 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. executive vice president and chief marketing and strategy officer Paul McNab executed an open-market sale of 2,727 shares of Common Stock at $54.96 per share. After this transaction, he directly holds 15,471 shares of VIAVI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,727 shares ($149,876)
Net Sell
1 txn
Insider
McNab Paul
Role
EVP, Chief Mktg & Stgy Officer
Sold
2,727 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,727 | $54.96 | $150K |
Holdings After Transaction:
Common Stock — 15,471 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,727 shares
Sale price: $54.96 per share
Shares held after transaction: 15,471 shares
3 metrics
Shares sold
2,727 shares
Open-market sale of VIAVI Common Stock
Sale price
$54.96 per share
Price received in reported open-market sale
Shares held after transaction
15,471 shares
Direct holdings following the sale
Key Terms
Common Stock, open-market sale, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did VIAVI (VIAV) report for Paul McNab?
VIAVI reported that executive Paul McNab completed an open-market sale of 2,727 shares of Common Stock at $54.96 per share. This Form 4 filing reflects a routine disposition of shares directly held by the executive.
What role does Paul McNab hold at VIAVI (VIAV) in this Form 4 filing?
In the Form 4, Paul McNab is identified as EVP, Chief Marketing & Strategy Officer of VIAVI SOLUTIONS INC. The filing shows a personal, direct ownership transaction in the company’s Common Stock associated with his executive position.
Was the VIAVI (VIAV) insider transaction a buy or a sell?
The transaction reported was a sell. Paul McNab executed an open-market sale of 2,727 shares of VIAVI Common Stock, as indicated by the “S” transaction code and the description “Sale in open market or private transaction.”