Staley Gary W 4
Research Summary
AI-generated summary
VIAVI (VIAV) SVP Gary W. Staley Sells Shares
What Happened
Gary W. Staley, Senior Vice President, Global Sales at VIAVI Solutions (VIAV), sold a total of 22,784 shares in open-market transactions on February 2, 2026. The sales consisted of 5,646 shares at a weighted average price of $25.85 (proceeds $145,949) and 17,138 shares at a weighted average price of $25.82 (proceeds $442,503), for total proceeds of approximately $588,452. These were outright sales (S) — routine disposition of shares rather than purchases.
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 3, 2026 (timely filing).
- Prices reported: weighted averages $25.85 (5,646 shares) and $25.82 (17,138 shares).
- Price ranges: first block executed at $25.84–$25.85 (F1); second block executed at $25.80–$25.85 (F2). Reporting person can provide trade-by-trade details on request.
- Total shares sold: 22,784; total proceeds: ~$588,452.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote F3 notes the total includes prior exempt ESPP purchases of 1,104 shares (Jan 31, 2018) and 2,041 shares (Jan 30, 2026).
Context
- These were open-market sales (S) — generally considered routine insider selling and do not by themselves indicate company outlook.
- No options exercise, gift, or 10b5-1 plan was disclosed in the provided details; the filing lists the sales as multiple trades aggregated to weighted-average prices.
- For full holdings and any additional context (e.g., remaining vested/unvested equity), consult the complete Form 4 filing (Accession 0000912093-26-000006).