Viavi (VIAV) CEO Oleg Khaykin donates 5,600 shares while retaining over 1.58M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. President & CEO Oleg Khaykin reported a charitable donation of 5,600 shares of common stock to Carnegie Mellon University. The shares were transferred as a bona fide gift at no stated price, and he continues to hold 1,587,254 shares directly and 20,238 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,600 shares gifted
Mixed
2 txns
Insider
KHAYKIN OLEG
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,600 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,587,254 shares (Direct, null);
Common Stock — 20,238 shares (Indirect, Held by reporting person's spouse)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 5,600 shares
Gift price: $0.0000 per share
Direct holdings after gift: 1,587,254 shares
+2 more
5 metrics
Gifted shares
5,600 shares
Bona fide gift of common stock to Carnegie Mellon University
Gift price
$0.0000 per share
Reported transaction price for charitable donation
Direct holdings after gift
1,587,254 shares
Common stock directly held by Oleg Khaykin following transaction
Indirect holdings
20,238 shares
Common stock held indirectly through reporting person’s spouse
Gift transactions
1 transaction, 5,600 shares
Summary of bona fide gift activity in this Form 4
Key Terms
bona fide gift, indirect ownership, charitable donation, Form 4
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "Held by reporting person's spouse""
charitable donation financial
"footnote: "The reported transaction is a charitable donation of 5,600 shares""
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 (VIAV) disclose in this Form 4?
VIAVI reported that President & CEO Oleg Khaykin made a bona fide gift of 5,600 shares of common stock. The filing characterizes this as a charitable donation, not a market sale or purchase, and records his updated share ownership afterward.
What does indirect ownership mean in this VIAVI (VIAV) Form 4 filing?
Indirect ownership in this filing refers to 20,238 VIAVI shares held by Oleg Khaykin’s spouse. The Form 4 classifies these as indirectly owned, separate from his 1,587,254 directly held shares, clarifying how his total reported holdings are structured.