STOCK TITAN

Viavi Solutions (NASDAQ: VIAV) director sells 10,000 shares at $55

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

VIAVI SOLUTIONS INC. director Doug Gilstrap reported an open-market sale of company stock. On May 5, 2026, he sold 10,000 shares of Common Stock at $55.00 per share. After this transaction, he directly holds 55,766 shares of Viavi common stock.

Positive

  • None.

Negative

  • None.
Insider Gilstrap Doug
Role null
Sold 10,000 shs ($550K)
Type Security Shares Price Value
Sale Common Stock 10,000 $55.00 $550K
Holdings After Transaction: Common Stock — 55,766 shares (Direct, null)
Footnotes (1)
Shares sold 10,000 shares Open-market sale of common stock on May 5, 2026
Sale price $55.00 per share Price for the 10,000 Viavi common shares sold
Shares held after sale 55,766 shares Direct holdings of Doug Gilstrap following the transaction
open-market sale financial
"transaction_action: "open-market sale" for the 10,000-share transaction"
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.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for VIAVI SOLUTIONS INC."
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.
direct ownership financial
"ownership_type: "direct" and direct_or_indirect: "D""
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*
Gilstrap Doug

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
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 Stock05/05/2026S10,000D$5555,766D
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
Explanation of Responses:
/s/ Donna T. Rossi, attorney-in-fact05/06/2026
** 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)

FAQ

What insider transaction did VIAVI (VIAV) director Doug Gilstrap report?

Doug Gilstrap reported an open-market sale of Viavi common stock. On May 5, 2026, he sold 10,000 shares of VIAVI SOLUTIONS INC. Common Stock, reflecting a reduction in his direct shareholdings while retaining a remaining position in the company.

How many VIAVI (VIAV) shares did Doug Gilstrap sell and at what price?

Doug Gilstrap sold 10,000 shares of VIAVI SOLUTIONS INC. Common Stock. The reported sale price was $55.00 per share in an open-market transaction, providing clear disclosure of both the transaction size and per-share price for this insider sale.

What are Doug Gilstrap’s VIAVI (VIAV) holdings after this Form 4 sale?

Following the reported transaction, Doug Gilstrap directly holds 55,766 shares of VIAVI SOLUTIONS INC. Common Stock. This post-transaction holding shows he continues to maintain a significant personal stake in the company after selling part of his position.

Was the VIAVI (VIAV) insider transaction a buy or sell by Doug Gilstrap?

The reported transaction was a sale by Doug Gilstrap. The Form 4 lists transaction code “S” and describes it as an open-market sale of 10,000 shares of Viavi common stock at a price of $55.00 per share.

Does the VIAVI (VIAV) Form 4 show any derivative or option exercises?

The Form 4 data indicates no derivative transactions for this filing. The derivativeSummary is empty and the transactionSummary shows zero exerciseCount and exerciseShares, meaning the reported activity consists solely of a non-derivative open-market stock sale.