VIAV Form 4: SVP Petrucci Reports 9,017 Market Stock Units

Rhea-AI Filing Summary

Anthony M. Petrucci, SVP and Chief Operations Officer of VIAVI Solutions (VIAV), reported the acquisition of 9,017 market stock units on 09/23/2025. The MSUs were granted May 28, 2025 and reflect satisfaction of performance metrics; each stock unit converts into one share upon vesting. The MSUs vest on May 28, 2026 subject to continued service and have no expiration date. The reported exercise/price is $0 and, following the reported transaction, Mr. Petrucci beneficially owns 21,909 shares of common stock directly. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/25/2025.

Positive

• Performance-based award satisfied: MSUs granted on May 28, 2025 reflect satisfied performance metrics.
• Clear vesting terms: MSUs convert one-for-one to common stock and vest on May 28, 2026 subject to service.
• No cash consideration: Reported price is $0, indicating equity granted rather than purchased.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine executive compensation vesting that increases the officer's direct ownership by 9,017 shares; no cash paid.

The filing documents a standard equity compensation event: 9,017 market stock units that converted to a vested interest upon satisfaction of performance criteria noted as met. The units carry a $0 reported price and convert one-for-one into common shares upon vesting on May 28, 2026, subject to continued service. From an investor perspective, this is a governance/compensation disclosure rather than an operational signal; it clarifies insider alignment with performance metrics but contains no revenue, earnings, or debt information.

Corporate Governance Expert

TL;DR: Disclosure shows performance-based equity award vesting for a senior officer, reinforcing pay-for-performance linkage.

The Form 4 indicates the officer's MSUs were granted earlier and now reflect satisfaction of performance metrics, with vesting scheduled one year after grant. The absence of an exercise price and the one-to-one conversion note are typical for market stock units. The filing is procedurally complete, signed by an attorney-in-fact, and provides clear timelines for vesting and conversion. There are no governance irregularities or unusual terms disclosed in this Form 4.

SEC Form 4

FORM 4

UNITED 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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Petrucci Anthony Michael

(Last) (First) (Middle)

C/O VIAVI SOLUTIONS INC.

1445 SOUTH SPECTRUM BLVD, SUITE 102

(Street)

CHANDLER AZ 85286

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIAVI SOLUTIONS INC. [ VIAV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Market Stock Units	$0	09/23/2025		A(1)		9,017		(2)	(3)	Common Stock	9,017	$0	21,909	D

Explanation of Responses:

1. Each stock unit converts upon vesting into one share of common stock.

2. Represents the market stock units granted on May 28, 2025, which reflect the satisfaction of performance metrics. The market stock units vest on May 28, 2026, subject to continued service.

3. There are no expiration dates on MSUs.

	/s/ Donna T. Rossi, attorney-in-fact	09/25/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Anthony M. Petrucci report on the Form 4 for VIAV?

He reported acquisition of 9,017 market stock units on 09/23/2025, increasing his direct beneficial ownership to 21,909 shares.

When do the reported market stock units vest and convert to shares?

The MSUs vest on May 28, 2026 subject to continued service and each unit converts into one share upon vesting.

What performance information is disclosed about the MSUs?

The filing states the MSUs granted on May 28, 2025 reflect satisfaction of performance metrics.

Was there any cash paid for the MSUs and do they expire?

The reported price is $0, and the filing notes that MSUs have no expiration dates.

How was the Form 4 signed and when?

The Form 4 was signed by Donna T. Rossi, attorney-in-fact on 09/25/2025 on behalf of the reporting person.