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VIAVI sales executive acquires 80,451 vested shares

VIAVI's SVP Global Sales NSE received one common share per vested market stock unit; some shares were retained for award-related tax withholding.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

VIAVI SOLUTIONS INC. reported that Gary W. Staley, SVP Global Sales NSE, acquired 80,451 common shares when three market stock unit tranches vested on September 22, 2026. Each unit converts into one common share, and the tranches vested at 150.00% of target based on total stockholder return. The company retained 31,659 shares for tax withholding, not in excess of the tax liability; the reported price was $36.40 per share.

Positive

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Negative

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Insider Staley Gary W
Role SVP Global Sales NSE
Type Security Shares Price Value
Exercise Market Stock Units F1, F3, F4 22,728 $0.00 $0.00
Exercise Market Stock Units F1, F5, F4 33,069 $0.00 $0.00
Exercise Market Stock Units F1, F6, F4 24,654 $0.00 $0.00
Exercise Common Stock F1 22,728 $0.00 $0.00
Tax Withholding Common Stock F2 8,944 $36.40 $326K
Exercise Common Stock F1 33,069 $0.00 $0.00
Tax Withholding Common Stock F2 13,013 $36.40 $474K
Exercise Common Stock F1 24,654 $0.00 $0.00
Tax Withholding Common Stock F2 9,702 $36.40 $353K
Holdings After Transaction: Market Stock Units — 54,919 contracts (Direct); Common Stock — 217,785 shares (Direct)
Footnotes (6)
  1. F1. Each stock unit converts upon vesting into one share of common stock.
  2. F2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the market stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
  3. F3. Shares reflect the vesting of the 3rd tranche of market-leveraged stock units granted on August 28, 2023 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
  4. F4. There are no expiration dates on MSUs.
  5. F5. Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2024 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
  6. F6. Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2025 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
Common shares acquired — 2023 grant tranche 22,728 shares Third tranche; vested September 22, 2026 at 150.00% of target.
Common shares acquired — 2024 grant tranche 33,069 shares Second tranche; vested September 22, 2026 at 150.00% of target.
Common shares acquired — 2025 grant tranche 24,654 shares First tranche; vested September 22, 2026 at 150.00% of target.
Shares retained for tax withholding — 2023 grant tranche 8,944 shares Withholding entry on September 22, 2026.
Shares retained for tax withholding — 2024 grant tranche 13,013 shares Withholding entry on September 22, 2026.
Shares retained for tax withholding — 2025 grant tranche 9,702 shares Withholding entry on September 22, 2026.
Reported price per share for withholding entries $36.40 per share Withholding transactions on September 22, 2026.
Market Stock Units financial
"Each stock unit converts upon vesting into one share of common stock."
market-leveraged stock units financial
"market-leveraged stock units granted on August 28, 2023"
total stockholder return financial
"based on our total stockholder return during the performance periods"
Total stockholder return is the percentage gain or loss an investor would have experienced over a period from both changes in a stock’s price and any cash payouts such as dividends, assuming those payouts are reinvested in the stock. It matters because it shows the complete financial outcome of owning a share — like measuring both a house’s change in sale value and the rent you collected — and lets investors fairly compare performance across companies and time.
tax withholding obligations financial
"tax withholding obligations of the award-holder"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VIAV shares did Gary W. Staley acquire?

Gary W. Staley, VIAVI SOLUTIONS INC.'s SVP Global Sales NSE, acquired 80,451 common shares as three market stock unit tranches vested on September 22, 2026.

How many VIAV shares were withheld for taxes?

The company retained 31,659 common shares to meet the award-holder's tax-withholding obligations. Each reported withholding entry lists $36.40 per share, and the amount retained was not in excess of the tax liability.

What were the grant dates for the VIAV stock-unit tranches?

The tranches were granted on August 28, 2023, August 28, 2024, and August 28, 2025, and are identified as the third, second, and first tranches, respectively.

Were Gary W. Staley's VIAV transactions made under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
Staley Gary W

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

(Street)
CHANDLER ARIZONA 85286

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VIAVI SOLUTIONS INC. [ VIAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP Global Sales NSE
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/22/2026M(1)22,728A$0191,721D
Common Stock09/22/2026F(2)8,944D$36.4182,777D
Common Stock09/22/2026M(1)33,069A$0215,846D
Common Stock09/22/2026F(2)13,013D$36.4202,833D
Common Stock09/22/2026M(1)24,654A$0227,487D
Common Stock09/22/2026F(2)9,702D$36.4217,785D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Market Stock Units$009/22/2026M(1)22,728 (3) (4)Common Stock22,728$00D
Market Stock Units$009/22/2026M(1)33,069 (5) (4)Common Stock33,069$022,046D
Market Stock Units$009/22/2026M(1)24,654 (6) (4)Common Stock24,654$032,873D
Explanation of Responses:
1. Each stock unit converts upon vesting into one share of common stock.
2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the market stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
3. Shares reflect the vesting of the 3rd tranche of market-leveraged stock units granted on August 28, 2023 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
4. There are no expiration dates on MSUs.
5. Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2024 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
6. Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2025 at 150.00% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
/s/ Donna T. Rossi, attorney-in-fact09/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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