VIAV Form 4: Officer Disposes 5,509 Shares, Retains 63,265
VIAVI Solutions Inc. reporting person Paul McNab, EVP, Chief Marketing & Strategy Officer, filed a Form 4 disclosing an insider disposition of common stock on 10/01/2025.
Rhea-AI Filing Summary
VIAVI Solutions Inc. reporting person Paul McNab, EVP, Chief Marketing & Strategy Officer, filed a Form 4 disclosing an insider disposition of common stock on 10/01/2025. The filing reports a disposition of 5,509 shares under transaction code G(1) as an exempt transfer at no cash price, leaving 63,265 shares beneficially owned following the transaction. The Form 4 is signed by an attorney-in-fact on 10/08/2025. The filing indicates the report was made by one reporting person and identifies the filer as both an officer and director.
Positive
- Timely disclosure of the insider transaction filed and signed on 10/08/2025
- Majority holding retained: 63,265 shares remain beneficially owned after the transfer
Negative
- No explanatory detail provided for the G(1) exempt transfer, leaving the reason for disposition unclear
Insights
Officer sold a small portion of holdings via an exempt transfer on 10/01/2025.
The filing shows a disposition of 5,509 shares under code G(1), which denotes an exempt transaction such as a gift or transfer pursuant to a pre-existing plan; the reported price is shown as $0 meaning the transfer was non‑cash. The reporting person retains 63,265 shares after the transfer, preserving a material ownership stake.
This is a routine governance disclosure with limited market impact absent additional context; monitor any follow‑on filings or explanations if further transfers occur within a proximate timeframe.
Transaction was processed as an exempt transfer and reported by counsel on 10/08/2025.
The use of transaction code G(1) and a zero cash price is consistent with internal transfers, gifts, or transfers under standing plans rather than open‑market sales. The signature by an attorney‑in‑fact is routine when filings are prepared by corporate counsel or designated agents.
From a compliance perspective, the record shows timely reporting within required windows; review related Form 5 or amended Form 4 if additional clarifying details are later provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,509 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects shares that were transferred pursuant to an exempt transaction.
- F2. Not applicable.
FAQ
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What did Paul McNab report on the VIAV Form 4?
What does transaction code G(1) mean on a Form 4 for VIAV?
Was the Form 4 for VIAV filed on time?
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Does the filing show any derivative transactions for VIAV?
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