Viavi Solutions (NASDAQ: VIAV) director sells 10,000 shares at $55
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 10,000 shares ($550,000)
Net Sell
1 txn
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)
Key Figures
Shares sold: 10,000 shares
Sale price: $55.00 per share
Shares held after sale: 55,766 shares
3 metrics
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
Key Terms
open-market sale, Common Stock, Form 4, direct ownership
4 terms
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""
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.
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.