Viavi Solutions (VIAV) director sells 51K shares at $53.30 average
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. director Richard Belluzzo reported an open-market sale of 51,110 shares of common stock. The shares were sold at a weighted average price of $53.30 per share in multiple trades within a narrow price range.
Following this transaction, Belluzzo directly owns 160,740 shares of Viavi common stock. The footnote explains that individual trades were executed between $53.22 and $53.49 per share, with full trade details available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 51,110 shares ($2,724,163)
Net Sell
1 txn
Insider
BELLUZZO RICHARD
Role
null
Sold
51,110 shs ($2.72M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 51,110 | $53.30 | $2.72M |
Holdings After Transaction:
Common Stock — 160,740 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 51,110 shares
Weighted average sale price: $53.30 per share
Post-transaction holdings: 160,740 shares
+2 more
5 metrics
Shares sold
51,110 shares
Open-market sale of common stock by director
Weighted average sale price
$53.30 per share
Average price for the 51,110-share sale
Post-transaction holdings
160,740 shares
Shares directly owned after the sale
Sale price range
$53.22–$53.49 per share
Range of individual trade prices in the sale
Net buy/sell shares
51,110 shares sold
Net selling activity in this Form 4
Key Terms
open-market sale, weighted average sale price, non-derivative, 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
non-derivative financial
""transaction_type": "non-derivative""
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.
FAQ
What insider transaction did VIAVI SOLUTIONS INC. (VIAV) disclose for Richard Belluzzo?
VIAVI disclosed that director Richard Belluzzo completed an open-market sale of 51,110 shares of the company’s common stock. The transaction is reported on a Form 4 and reflects a net selling action for this filing period.
What type of insider transaction is reported for VIAV in this filing?
The filing reports a non-derivative, open-market sale of VIAVI common stock by director Richard Belluzzo. The transaction code is “S”, which the filing describes as a sale in an open market or private transaction.
Does the VIAV Form 4 specify how the sale by Richard Belluzzo was executed?
Yes. A footnote states the transaction was executed in multiple trades at prices between $53.22 and $53.49 per share. The weighted average price reported is $53.30, and detailed trade breakdowns are available upon request.