Viavi Solutions (VIAV) CEO sells 124,790 shares, retains stake

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

VIAVI SOLUTIONS INC. President & CEO Oleg Khaykin reported open-market sales of company common stock. He sold 20,238 indirectly owned shares held by his spouse at a weighted average price of about $54.77 per share, reducing that indirect position to zero. He also sold 104,552 directly owned shares at a weighted average price of about $54.61 per share, and held 1,482,702 shares directly after these transactions.

Insights

CEO executed net open-market sales but retains a large direct stake.

President & CEO Oleg Khaykin reported two open-market sales totaling 124,790 shares of VIAVI SOLUTIONS INC. common stock. One trade involved 20,238 shares indirectly held by his spouse, bringing that indirect position to zero after the sale.

The second trade sold 104,552 directly owned shares, at weighted average prices in the mid-$54 range. Following these sales, Khaykin still directly owns 1,482,702 shares, indicating he retains a substantial equity position even after the net-sell activity.

Both transactions were executed in multiple trades within disclosed price ranges around $54.5, with weighted average prices reported. The filing offers no indication of option exercises, gifts, or tax-withholding events; it reflects straightforward open-market selling activity by the CEO.

Insider Trade Summary

Net Seller: 124,790 shares ($6,818,020)

Net Sell 2 txns

Insider KHAYKIN OLEG

Role President & CEO

Sold 124,790 shs ($6.82M)

Type	Security	Shares	Price	Value
Sale	Common Stock	104,552	$54.61	$5.71M
Sale	Common Stock	20,238	$54.77	$1.11M

Holdings After Transaction: Common Stock — 1,482,702 shares (Direct, null); Common Stock — 0 shares (Indirect, Held by reporting person's spouse)

Footnotes (1)

This transaction was executed in multiple trades at prices ranging from $54.46 to $54.92. 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. This transaction was executed in multiple trades at prices ranging from $54.77 to $54.80. 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.

Key Figures

Indirect shares sold: 20,238 shares Indirect sale price: $54.77 per share Direct shares sold: 104,552 shares +3 more

6 metrics

Indirect shares sold 20,238 shares Common stock held by spouse, sold May 5, 2026

Indirect sale price $54.77 per share Weighted average price for 20,238 indirectly owned shares

Direct shares sold 104,552 shares Common stock directly owned, sold May 5, 2026

Direct sale price $54.61 per share Weighted average price for 104,552 directly owned shares

Total shares sold 124,790 shares Net open-market sales reported in this Form 4

Shares held after 1,482,702 shares Direct common stock ownership after transactions

Key Terms

open-market sale, indirect ownership, weighted average sale price, Form 4

4 terms

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.

indirect ownership financial

"direct_or_indirect: "I" and nature_of_ownership: "Held by reporting person's spouse""

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

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.

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 12:14 PM

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).

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^*

KHAYKIN OLEG

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/05/2026		S		104,552	D	$54.61⁽¹⁾	1,482,702	D
Common Stock	05/05/2026		S		20,238	D	$54.77⁽²⁾	0	I	Held by reporting person's spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $54.46 to $54.92. 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.

2. This transaction was executed in multiple trades at prices ranging from $54.77 to $54.80. 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	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did VIAVI SOLUTIONS INC. (VIAV) report for CEO Oleg Khaykin?

VIAVI SOLUTIONS INC. reported that President & CEO Oleg Khaykin sold 124,790 shares of common stock in open-market transactions. The activity included both indirectly owned shares held by his spouse and directly owned shares, all completed on May 5, 2026, at prices in the mid-$54 range.

How many VIAV shares did Oleg Khaykin sell from indirect holdings?

Oleg Khaykin sold 20,238 VIAV common shares that were indirectly owned through his spouse. These were sold in multiple trades at a weighted average price of about $54.77 per share, reducing the reported indirect ownership position from this source to zero immediately after the transaction.

How many VIAV shares did Oleg Khaykin sell from direct holdings?

From his direct holdings, Oleg Khaykin sold 104,552 shares of VIAV common stock. These open-market sales occurred at a weighted average price of about $54.61 per share, as disclosed in the filing’s transaction details for May 5, 2026.

How many VIAV shares does Oleg Khaykin hold after the reported sales?

After the reported transactions, Oleg Khaykin holds 1,482,702 shares of VIAVI SOLUTIONS INC. common stock directly. The filing shows that his indirect holdings related to shares held by his spouse decreased to zero, while this remaining amount reflects his direct ownership stake.

Were the VIAV insider sales by Oleg Khaykin single trades or multiple trades?

Both reported sales for Oleg Khaykin were executed in multiple trades across price ranges near $54.5 per share. The filing discloses that the prices ranged within specified bands, and that the figures shown represent weighted average sale prices for the aggregated transactions.

What was the total number of VIAV shares sold by Oleg Khaykin in this Form 4?

In total, Oleg Khaykin sold 124,790 shares of VIAVI SOLUTIONS INC. common stock. This combines 20,238 indirectly owned shares held by his spouse and 104,552 directly owned shares, all transacted as open-market sales on May 5, 2026, according to the summary data.