Viavi CFO gets 69,722 new stock units, vests awards
VIAVI SOLUTIONS INC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
VIAVI SOLUTIONS INC. (VIAV) EVP & CFO Ilan Daskal reported multiple equity-compensation transactions on 2026-08-28. Restricted Stock Units converted into 102,534 shares of common stock, and 46,244 shares of common stock were withheld at $36.54 per share to satisfy tax withholding obligations. Daskal also received grants of 34,861 Restricted Stock Units and 34,861 Market Stock Units, each convertible into common stock and vesting annually in three equal installments.
Insider Trade Summary
102,534 shares exercised/converted
Exercise
8 txns
Insider
Daskal Ilan
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3, F4 | 55,114 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F5, F4 | 47,420 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F4 | 34,861 | $0.00 | $0.00 |
| Grant/Award | Market Stock Units F6, F7 | 34,861 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 55,114 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 24,857 | $36.54 | $908K |
| Exercise | Common Stock F1 | 47,420 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 21,387 | $36.54 | $781K |
Holdings After Transaction:
Restricted Stock Unit — 149,952 contracts (Direct);
Restricted Stock Units — 34,861 contracts (Direct);
Market Stock Units — 34,861 contracts (Direct);
Common Stock — 66,422 shares (Direct)
Footnotes (7)
- 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. Units subject to the Award shall vest annually in three equal installments.
- F6. See Exhibit 99 - FY27 MSU for vesting schedule and terms.
- F7. There are no expiration dates on MSUs.
Key Figures
Common stock acquired from RSU conversions: 102,534 shares
Shares withheld for tax withholding obligations: 46,244 shares
Tax-withholding share value: $36.54 per share
+2 more
5 metrics
Common stock acquired from RSU conversions
102,534 shares
Shares of VIAVI common stock issued upon RSU conversion on 2026-08-28
Shares withheld for tax withholding obligations
46,244 shares
Common shares retained by the company to cover tax liability at vesting
Tax-withholding share value
$36.54 per share
Value used for two code F tax-withholding dispositions on 2026-08-28
New Restricted Stock Units granted
34,861 units
RSUs granted to Ilan Daskal on 2026-08-28, each for one common share
New Market Stock Units granted
34,861 units
MSUs granted to Ilan Daskal on 2026-08-28, each for one common share
Key Terms
Restricted Stock Unit, Market Stock Units, tax withholding obligations, vesting
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"
vesting financial
"Units subject to the Award shall vest annually in three equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did VIAV CFO Ilan Daskal report receiving in this Form 4?
Ilan Daskal reported grants of 34,861 Restricted Stock Units and 34,861 Market Stock Units on 2026-08-28, each representing the right to receive an equal number of VIAV common shares, with units vesting annually in three equal installments.
What does the $36.54 price in Ilan Daskal’s VIAV Form 4 represent?
The $36.54 figure is the per-share value used for the tax-withholding dispositions of 24,857 and 21,387 VIAVI common shares. These shares were retained by the company to meet tax withholding obligations upon vesting of restricted stock awards.
Do the RSUs and MSUs reported by VIAV’s CFO have expiration dates?
The filing states that there are no expiration dates on RSUs and no expiration dates on MSUs. RSU and MSU awards instead follow specified vesting schedules, including annual vesting in three equal installments for the reported awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
