McNab Paul 4

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.