Viavi exec gets 9,296 RSUs and 9,296 MSUs
VIAVI SOLUTIONS INC.
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. (VIAV) reported multiple equity award transactions for officer Kevin Christopher Siebert on 2026-08-28. Restricted Stock Units vested and were exercised into Common Stock in three blocks of 10,606, 15,432, and 11,506 shares, with each unit converting into one share of common stock.
In connection with these vestings, a total of 4,784, 6,960, and 5,190 Common Stock shares were withheld at $36.54 per share to satisfy tax withholding obligations, as described in the footnotes. Siebert also received new grants of 9,296 Restricted Stock Units and 9,296 Market Stock Units, each convertible into an equal number of Common Stock shares, with RSUs vesting annually in three equal installments and no expiration dates on RSUs or MSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
37,544 shares exercised/converted
Exercise
11 txns
Insider
Siebert Kevin Christopher
Role
SVP Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3, F4 | 10,606 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F3, F4 | 15,432 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F3, F4 | 11,506 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F3, F4 | 9,296 | $0.00 | $0.00 |
| Grant/Award | Market Stock Units F5, F6 | 9,296 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,606 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 4,784 | $36.54 | $175K |
| Exercise | Common Stock F1 | 15,432 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 6,960 | $36.54 | $254K |
| Exercise | Common Stock F1 | 11,506 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 5,190 | $36.54 | $190K |
Holdings After Transaction:
Restricted Stock Unit — 38,442 contracts (Direct);
Restricted Stock Units — 9,296 contracts (Direct);
Market Stock Units — 9,296 contracts (Direct);
Common Stock — 40,739 shares (Direct)
Footnotes (6)
- F1. Each stock unit converts upon vesting into one share of common stock.
- F2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3. Units subject to the Award shall vest annually in three equal installments.
- F4. There are no expiration dates on RSUs.
- F5. See Exhibit 99 - FY27 MSU for vesting schedule and terms.
- F6. There are no expiration dates on MSUs.
Key Figures
RSUs converted: 10,606 Restricted Stock Units
RSUs converted: 15,432 Restricted Stock Units
RSUs converted: 11,506 Restricted Stock Units
+5 more
8 metrics
RSUs converted
10,606 Restricted Stock Units
Converted into Common Stock on 2026-08-28
RSUs converted
15,432 Restricted Stock Units
Converted into Common Stock on 2026-08-28
RSUs converted
11,506 Restricted Stock Units
Converted into Common Stock on 2026-08-28
Tax withholding shares
4,784 Common Stock shares
Retained to satisfy tax withholding at $36.54 per share
Tax withholding shares
6,960 Common Stock shares
Retained to satisfy tax withholding at $36.54 per share
Tax withholding shares
5,190 Common Stock shares
Retained to satisfy tax withholding at $36.54 per share
New RSU grant
9,296 Restricted Stock Units
Awarded on 2026-08-28, vest annually in three equal installments
New MSU grant
9,296 Market Stock Units
Awarded on 2026-08-28, terms per Exhibit 99 - FY27 MSU
Key Terms
Restricted Stock Unit, Market Stock Units, tax withholding obligations, vest annually in three equal installments
4 terms
Restricted Stock Unit financial
"Each stock unit converts upon vesting into one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Market Stock Units financial
"See Exhibit 99 - FY27 MSU for vesting schedule and terms."
tax withholding obligations financial
"retained by the Company in order to meet the tax withholding obligations"
vest annually in three equal installments financial
"Units subject to the Award shall vest annually in three equal installments."
FAQ
What equity awards did VIAV executive Kevin Christopher Siebert receive in this Form 4?
Siebert received 9,296 Restricted Stock Units and 9,296 Market Stock Units, each convertible into one share of VIAVI common stock. The RSUs vest annually in three equal installments, and the filing states there are no expiration dates on these RSUs or MSUs.
How many VIAV Restricted Stock Units vested and were converted to Common Stock?
Three tranches of Restricted Stock Units vested and were exercised into Common Stock: 10,606, 15,432, and 11,506 units, respectively. Each unit converts into one share of VIAVI common stock according to the filing’s footnote.
What does this VIAV Form 4 say about RSU vesting for Kevin Siebert?
The RSU award for Kevin Siebert vests annually in three equal installments. Each vested unit converts into one share of VIAVI common stock, and the filing states that there are no expiration dates on these RSUs.
Do the Market Stock Units (MSUs) reported for VIAV have an expiration date?
The filing states that there are no expiration dates on MSUs. It also notes that the vesting schedule and terms for the FY27 MSU award are described in Exhibit 99 referenced in the footnotes.
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