Gilstrap Doug 4

What Happened

• Doug Gilstrap, a director of VIAVI Solutions Inc. (VIAV), reported a sale of 10,000 shares on May 5, 2026. The shares were disposed at $55.00 each, for a total transaction value of $550,000. This was a sale (not a purchase), which is often routine insider selling and not necessarily a signal about company prospects.

Key Details

• Transaction date: 2026-05-05; Report filed: 2026-05-06 (Form 4 accession 0000912093-26-000042).
• Price per share: $55.00; Shares sold: 10,000; Total value: $550,000.
• Transaction type reported as sale (open-market or private sale); filing did not specify a 10b5-1 plan, tax withholding, or other footnotes in the provided excerpt.
• Shares owned after transaction: not specified in the provided filing details.
• Filing appears timely (reported the business day after the transaction).

Context

• Sales by directors can be routine (diversification, personal liquidity, prearranged plans) and do not by themselves indicate insider sentiment. Purchases tend to be more informative about insider confidence. This report documents a straightforward disposal of stock by a board member.