Viavi (VIAV) SVP Kevin Siebert sells 8,255 shares at $54.02 average
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. senior vice president and general counsel Kevin Christopher Siebert reported an open-market sale of company common stock. He sold 8,255 shares of common stock at a weighted average price of $54.02 per share, in multiple trades between $53.97 and $54.03. After this sale, he directly holds 20,129 shares of VIAVI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,255 shares ($445,935)
Net Sell
1 txn
Insider
Siebert Kevin Christopher
Role
SVP Gen. Counsel & Secretary
Sold
8,255 shs ($446K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,255 | $54.02 | $446K |
Holdings After Transaction:
Common Stock — 20,129 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,255 shares
Weighted average sale price: $54.02 per share
Post-transaction holdings: 20,129 shares
+1 more
4 metrics
Shares sold
8,255 shares
Open-market sale of common stock
Weighted average sale price
$54.02 per share
Average price across multiple trades
Post-transaction holdings
20,129 shares
Directly held common stock after sale
Sale price range
$53.97–$54.03 per share
Range of individual trade prices
Key Terms
open-market sale, weighted average sale price, Form 4, non-derivative
4 terms
open-market sale financial
"transaction_action indicates an open-market sale of common stock"
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"
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.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did VIAVI (VIAV) disclose for Kevin Christopher Siebert?
VIAVI disclosed that SVP, general counsel and secretary Kevin Christopher Siebert completed an open-market sale of 8,255 shares of common stock. The transaction was reported on Form 4 and reflects a routine insider sale of directly held shares.
Was the VIAVI (VIAV) insider sale executed in a single trade or multiple trades?
The sale was executed in multiple trades rather than a single transaction. The Form 4 footnote explains that trades occurred at prices ranging from $53.97 to $54.03, with $54.02 reported as the weighted average sale price.
What type of transaction is reported in this VIAVI (VIAV) Form 4 filing?
The Form 4 reports a non-derivative, open-market sale of VIAVI common stock by an executive officer. It is classified under transaction code “S,” indicating a sale in the open market or a private transaction of already-owned common shares.