KHAYKIN OLEG 4
Research Summary
AI-generated summary
VIAVI (VIAV) CEO Oleg Khaykin Sells 259,880 Shares
What Happened
Oleg Khaykin, President & CEO and a director of VIAVI Solutions Inc. (VIAV), sold a total of 259,880 shares in open-market transactions on May 7–8, 2026 for aggregate proceeds of approximately $13,418,882. The sales consisted of 123,333 shares on May 7 at a weighted-average price of $51.43 (F1) and 136,547 shares on May 8 at a weighted-average price of $51.82 (F2). These were outright sales (code S), not option exercises or awards.
Key Details
- Transaction dates and amounts:
- May 7, 2026: 123,333 shares sold, weighted-average price $51.43, proceeds ~$6,343,016 (prices ranged $51.22–$51.68; F1).
- May 8, 2026: 136,547 shares sold, weighted-average price $51.82, proceeds ~$7,075,866 (prices ranged $51.75–$52.15; F2).
- Total shares sold: 259,880; total proceeds: ~$13.42 million.
- Shares owned after transaction: not provided in the materials you supplied.
- Filing: Form 4 filed May 8, 2026 (appears timely under the standard 2-business-day rule).
- Footnotes: Both transactions executed in multiple trades; reported prices are weighted averages and the filer will provide full trade-level details on request.
Context
These were open-market sales (routine disposition of shares). Sales do not necessarily indicate a change in the insider’s view of the company — they can be for diversification, tax, or personal-liquidity reasons. Purchases are generally more informative about insider sentiment; this filing documents sales only.