KHAYKIN OLEG 4

What Happened

• Oleg Khaykin, President & CEO and a director of Viavi Solutions (VIAV), sold a total of 62,767 shares in open-market transactions on February 10, 2026. The filing shows sales of 42,767 shares reported at $27.50 (≈ $1,176,093) and 20,000 shares reported at $27.51 (≈ $550,200), for a combined proceeds of about $1,726,293. These were dispositions (sales), not purchases or option exercises.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-11 (appears timely; Form 4s are due within 2 business days).
• Reported sales: 42,767 shares @ $27.50 (≈ $1,176,093) and 20,000 shares @ $27.51 (≈ $550,200); total 62,767 shares for ≈ $1,726,293.
• Footnotes: Trades executed in multiple transactions. Price ranges reported: $27.50–$27.52 (first block) and $27.50–$27.53 (second block); the filing reports weighted-average sale prices and notes the insider will provide full trade-level details upon request.
• Shares owned after transaction: Not included in the provided excerpt—see the full Form 4 for post-transaction beneficial ownership.
• No 10b5‑1 plan, tax-withholding, or other reason for the sales was disclosed in the excerpt.

Context

• These were open-market sales (code "S") by the CEO. Sales by executives can be routine (diversification, tax planning, liquidity) and do not by themselves prove a change in company outlook. Retail investors should view this as a factual data point and consider it alongside other company and market information.