McNab Paul 4
4 · VIAVI SOLUTIONS INC. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
VIAVI (VIAV) EVP Paul McNab Sells 4,638 Shares
What Happened
Paul McNab, EVP and Chief Marketing & Strategy Officer of VIAVI Solutions (VIAV), sold 4,638 shares in an open-market transaction on February 2, 2026. The weighted average sale price was $25.80 per share, for total proceeds of approximately $119,660. This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate company performance or 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: 4,638 shares.
- Price: Weighted average $25.80 per share; trades ranged $25.79–$25.81 (see footnote).
- Proceeds: ~$119,660.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Transaction executed in multiple trades; reporting person offers to provide detailed trade-level info on request (per footnote F1).
- Timeliness: Filing lists trade on Feb 2 and was filed Feb 3 (appears timely; no late filing indicated).
Context
Sales by executives can be for many reasons (diversification, taxes, personal needs) and are common; purchases are generally considered more informative about insider conviction. This filing reports a straightforward open-market sale; no option exercise, 10b5-1 plan, gift, or tax-withholding event is noted in the provided information.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-02$25.80/sh−4,638$119,660→ 21,749 total
Footnotes (1)
- [F1]This transaction was executed in multiple trades at prices ranging from $25.79 to $25.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.