VIAVI (VIAV) EVP & CFO Ilan Daskal Sells Shares

What Happened Ilan Daskal, EVP and Chief Financial Officer of VIAVI Solutions (VIAV), sold a total of 56,290 shares in open‑market transactions on August 31, 2026. The Form 4 reports two dispositions: 30,257 shares for $1,098,027 and 26,033 shares for $944,738, for a combined proceeds of approximately $2,042,765. The filing shows a weighted average price of $36.29 per share.

Key Details

• Transaction date: 2026-08-31
• Transaction type: Sale (code S) — reported as "open market or private sale"
• Shares sold: 30,257 and 26,033 (total 56,290)
• Proceeds: $1,098,027 and $944,738 (total ≈ $2,042,765)
• Reported weighted average price: $36.29 per share
• Footnote: trades were executed in multiple fills at prices ranging from $36.25 to $36.42; the $36.29 is the weighted average. The filer offers to provide the per-trade breakdown on request.
• Shares owned after transaction: Not disclosed in this Form 4
• Filing timeliness: Reported and filed on 2026-08-31 (no late filing indicated)

Context This was a sale of existing shares, not an option exercise or award. Sales by executives can be routine (diversification, tax or liquidity needs); the Form 4 does not state a reason. For retail investors, purchases typically carry more direct signals about insider sentiment; sales can be routine and do not necessarily indicate a change in company outlook.