Viavi Solutions (VIAV) EVP sells 3,551 shares in open-market transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. executive Paul McNab, EVP and Chief Marketing & Strategy Officer, reported an open-market sale of company stock. He sold 3,551 shares of common stock at an average price of $32.89 per share. After this sale, he directly holds 18,198 shares of VIAVI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,551 shares ($116,792)
Net Sell
1 txn
Insider
McNab Paul
Role
EVP, Chief Mktg & Stgy Officer
Sold
3,551 shs ($117K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,551 | $32.89 | $117K |
Holdings After Transaction:
Common Stock — 18,198 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did VIAVI (VIAV) report for Paul McNab?
VIAVI reported that executive Paul McNab completed an open-market sale of company common stock. He sold 3,551 shares at an average price of $32.89 per share, according to a Form 4 insider trading report filed for this transaction.
What was the transaction type in Paul McNab’s VIAVI (VIAV) Form 4 filing?
The filing shows an open-market sale of common stock, coded as “S.” This indicates shares were sold in a market or private transaction, rather than acquired through option exercise, grants, or other non-market mechanisms typically reported under different SEC transaction codes.
What is Paul McNab’s role at VIAVI (VIAV) mentioned in the Form 4?
Paul McNab is identified as EVP, Chief Marketing & Strategy Officer at VIAVI. This officer title is listed in the Form 4, clarifying that the reported share sale was conducted by a senior executive with a key leadership role in marketing and corporate strategy.