Siebert Kevin Christopher 4
Research Summary
AI-generated summary
VIAVI (VIAV) SVP Kevin Siebert Sells 13,577 Shares
What Happened
Kevin Christopher Siebert, SVP, General Counsel & Secretary of VIAVI Solutions (VIAV), sold 13,577 shares in an open-market transaction on February 2, 2026. The weighted-average sale price was $25.72, for total proceeds of approximately $349,200. This was a sale (S) rather than a purchase — sales are often routine liquidity events and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-03).
- Transaction type: Open-market sale (code S).
- Shares sold: 13,577; weighted-average price: $25.72; proceeds ≈ $349,200.
- Price range/footnote: Executed in multiple trades at prices from $25.72 to $25.73; the filing reports the weighted-average price and offers to provide detailed trade-by-trade info on request (Footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing — see the full Form 4 for post-transaction holdings.
- Timeliness: Filed the next day (Feb 3), which appears timely under Form 4 reporting rules (generally due within two business days).
Context
This report documents a direct sale by a senior executive. For retail investors: purchases typically signal stronger insider conviction, while sales can reflect routine needs (diversification, taxes, liquidity). The filing does not indicate any derivative exercises, gifts, or a pre-arranged trading plan; consult the full Form 4 for complete ownership and any related disclosures.