VIAVI Solutions SVP Disposes of $869.6K in Common Stock Under Rule 10b5-1
VIAVI SOLUTIONS INC.
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Filing Summary
Insider Transaction Alert: VIAVI SOLUTIONS INC. ($VIAV) • Insider: SCRIVANICH LUKE M (SVP General Manager OSP) • Transaction: Sold 23,911 shares of Common Stock at an average price of $36.37 • Total Value: $869,643.07 • Post-Transaction Holdings: 39,598 shares • Plan: Executed under Rule 10b5-1 pre-arranged trading plan • Significance: Medium
Comprehensive Analysis
Executive Insider Sale: VIAVI Solutions Inc. (NASDAQ: VIAV)
Key Transaction Summary
On August 31, 2026, Luke M. Scrivanich, Senior Vice President and General Manager of Optical Security and Performance (OSP) at VIAVI Solutions Inc., executed a sale of 23,911 shares of VIAVI Common Stock. The transaction generated total proceeds of $869,643.07 at a volume-weighted average price of $36.37 per share (range: $35.89 – $36.92).
Transaction Analysis
- Rule 10b5-1 Adoption: The transaction was conducted pursuant to an affirmative Rule 10b5-1 trading plan flag indicated on the filing, meaning the timing and parameters were pre-established to avoid material non-public information concerns.
- Ownership Impact: Prior to the sale, Scrivanich held 63,509 shares directly. The disposition represents approximately 37.6% of his direct holding, leaving him with 39,598 shares post-transaction.
- Significance Assessment: Medium. While the disposition represents a significant portion (>35%) of the executive's direct equity holdings, the transaction was planned via Rule 10b5-1 and totals under $1 million.
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