Viavi Solutions (VIAV) director Joanne Solomon sells 10,000 shares at $42.92
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. director Joanne Solomon sold 10,000 shares of common stock on 2026-08-14 in open-market or private transactions at a weighted average price of $42.92 per share, with individual trade prices ranging from $42.88 to $43.04.
Following this sale, Solomon directly holds 65,924 shares of VIAVI common stock. The transaction is not reported as made under a Rule 10b5-1 trading plan and was executed in multiple trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Solomon Joanne
Role
Director
Sold
10,000 shs ($429K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $42.92 | $429K |
Holdings After Transaction:
Common Stock — 65,924 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $42.88 to $43.04. 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
Shares sold: 10,000 shares
Weighted average sale price: $42.92 per share
Trade price range: $42.88 to $43.04 per share
+1 more
4 metrics
Shares sold
10,000 shares
Common stock sold by director Joanne Solomon on 2026-08-14
Weighted average sale price
$42.92 per share
Weighted average price for the 10,000-share sale
Trade price range
$42.88 to $43.04 per share
Price range of individual trades in the reported sale
Shares held after transaction
65,924 shares
Direct holdings of Joanne Solomon after the sale
Key Terms
weighted average sale price, open market or private transaction, Rule 10b5-1
3 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The transaction is not reported as made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did VIAVI (VIAV) director Joanne Solomon report?
Joanne Solomon reported a sale of 10,000 VIAVI common shares on 2026-08-14. The transaction was coded as an open-market or private sale and executed in multiple trades at prices between $42.88 and $43.04 per share.
Was the VIAVI (VIAV) insider sale by Joanne Solomon under a Rule 10b5-1 plan?
The Form 4 indicates the transaction was not affirmed under a Rule 10b5-1 trading plan. The document’s 10b5-1 checkbox is marked as not applicable, and no footnote describes the sale as pursuant to a pre-arranged trading plan.
What does the Form 4 for VIAVI (VIAV) say about the structure of Joanne Solomon’s trade prices?
The sale was executed in multiple trades with prices between $42.88 and $43.04. The reported $42.92 figure is a weighted average sale price, and the insider undertakes to provide full trade details to regulators or shareholders upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.