Viavi exec vests 53,634 RSUs, gets new stock units
VIAVI SOLUTIONS INC.
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Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. (VIAV) reported insider equity activity by Gary W. Staley, SVP Global Sales NSE, on August 28, 2026. Several Restricted Stock Unit awards vested and were converted into a total of 53,634 shares of common stock. To cover related tax liabilities, the company withheld 21,106 shares of common stock at $36.54 per share. Staley also received new grants of 12,782 Restricted Stock Units and 12,782 Market Stock Units, each convertible into an equal number of common shares, with RSUs vesting annually in three equal installments and no expiration dates for either RSUs or MSUs.
Insider Trade Summary
53,634 shares exercised/converted
Exercise
11 txns
Insider
Staley Gary W
Role
SVP Global Sales NSE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F4, F5 | 15,151 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F4, F5 | 22,046 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F4, F5 | 16,437 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F4, F5 | 12,782 | $0.00 | $0.00 |
| Grant/Award | Market Stock Units F6, F7 | 12,782 | $36.54 | $467K |
| Exercise | Common Stock F1 | 15,151 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 5,962 | $36.54 | $218K |
| Exercise | Common Stock F1 | 22,046 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 8,676 | $36.54 | $317K |
| Exercise | Common Stock F1 | 16,437 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F3 | 6,468 | $36.54 | $236K |
Holdings After Transaction:
Restricted Stock Unit — 54,917 contracts (Direct);
Restricted Stock Units — 12,782 contracts (Direct);
Market Stock Units — 12,782 contracts (Direct);
Common Stock — 168,993 shares (Direct)
Footnotes (7)
- F1. Each stock unit converts upon vesting into one share of common stock.
- 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 restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3. Total includes an exempt purchase of 198 shares under the ESPP plan on July 31, 2026.
- F4. Units subject to the Award shall vest annually in three equal installments.
- F5. There are no expiration dates on RSUs.
- F6. See Exhibit 99 - FY27 MSU for vesting schedule and terms.
- F7. There are no expiration dates on MSUs.
Key Figures
RSUs converted into Common Stock: 53,634 shares
Tax-withholding shares: 21,106 shares
Tax-withholding price: $36.54 per share
+5 more
8 metrics
RSUs converted into Common Stock
53,634 shares
Total RSU-derived common shares from three M-code derivative exercises on August 28, 2026
Tax-withholding shares
21,106 shares
Total Common Stock retained by VIAVI to satisfy tax liabilities on August 28, 2026
Tax-withholding price
$36.54 per share
Price used for F-code tax-withholding transactions in Common Stock
RSU grant
12,782 Restricted Stock Units
New RSU award granted on August 28, 2026, vesting in three equal annual installments
MSU grant
12,782 Market Stock Units
New MSU award granted on August 28, 2026, each tied to one share of Common Stock
Individual RSU conversion blocks
15,151; 22,046; 16,437 shares
Three separate RSU tranches converted into Common Stock on August 28, 2026
Individual tax-withholding blocks
5,962; 8,676; 6,468 shares
Three F-code Common Stock tax-withholding transactions at $36.54 per share
ESPP purchase
198 shares
Exempt ESPP purchase included in total holdings as of July 31, 2026
Key Terms
Restricted Stock Unit, Market Stock Units, tax withholding obligations, Employee Stock Purchase Plan (ESPP), +1 more
5 terms
Restricted Stock Unit financial
"Each stock unit converts upon vesting into one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Market Stock Units financial
"See Exhibit 99 - FY27 MSU for vesting schedule and terms."
tax withholding obligations financial
"retained by the Company in order to meet the tax withholding obligations"
Employee Stock Purchase Plan (ESPP) financial
"includes an exempt purchase of 198 shares under the ESPP plan"
Exercise or conversion of derivative security financial
"transaction code "M" described as Exercise or conversion of derivative security"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VIAV executive Gary W. Staley report on August 28, 2026?
Gary W. Staley reported vesting and conversion of 53,634 Restricted Stock Units into common stock and company withholding of 21,106 shares to satisfy tax liabilities, plus new grants of 12,782 RSUs and 12,782 Market Stock Units, each tied to an equal number of common shares.
How many VIAV Restricted Stock Units vested and converted into common stock in this Form 4?
A total of 53,634 RSUs vested and converted into 53,634 shares of VIAVI common stock, in three blocks of 15,151, 22,046, and 16,437 shares, each RSU converting into one share of common stock upon vesting.
What new equity awards did VIAV grant to Gary W. Staley in this Form 4?
Gary W. Staley received new grants of 12,782 Restricted Stock Units and 12,782 Market Stock Units, each award corresponding to an equal number of underlying shares of VIAVI common stock. The RSU award vests annually in three equal installments and has no expiration date.
Are VIAV RSUs and Market Stock Units reported here subject to expiration dates?
The filing states that there are no expiration dates on the Restricted Stock Units and no expiration dates on the Market Stock Units reported, meaning these derivative awards remain outstanding until they vest or are otherwise settled under their terms.
Did the VIAV Form 4 mention any ESPP activity for Gary W. Staley?
A footnote discloses that the total reported holdings include an exempt purchase of 198 shares under the Employee Stock Purchase Plan (ESPP) on July 31, 2026, in addition to the RSU- and MSU-related transactions reported for August 28, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
