Get The Alerts + Report

VIAVI SOLUTIONS INC. [VIAV]

Reporting date: 02/13/2026

⚠️ Neutral Insider Sale Detected

📝 What Happened

  • Insider: SCRIVANICH LUKE M
  • Role: SVP General Manager OSP (Officer)
  • Company: VIAVI SOLUTIONS INC. (VIAV)
  • Transaction Date(s): 2026-02-13
  • Table I (Non-Derivative Securities)
    • Sale : 13,901
    • Average Sale Price: $26.59
    • Total Value: $369,627.59
    • Post-Transaction Direct Holdings: 49,980
    • Indirect Holdings: None reported
    • 10b5-1 Plan Used? No

📄 Summary

SCRIVANICH LUKE M, SVP General Manager OSP at VIAVI SOLUTIONS INC. (VIAV), sold 13,901 shares on February 13, 2026, at an average price of $26.59, realizing proceeds of about ~$369,627.59. After the transaction, he now holds 49,980 direct shares and reports no indirect holdings. For retail traders, this is a neutral-to-slightly bearish event: routine executive profit-taking, not a clear negative signal.

🔑 Interpretation

🔑 Interpretation

  • Type: Discretionary — a direct sale (transaction code S) with no 10b5-1 plan indicated.
  • Disposition: Shares were sold immediately (disposed of) per the Form 4 entry.
  • Size Context: The sale of 13,901 shares reduced reported holdings from ~63,881 to 49,980 (about 21.8% of pre-sale holdings). This is a material but not crippling reduction and looks like routine profit-taking rather than an emergency divestiture.
  • ATH Metric: The trade occurred at $26.59. Using recent price context (yesterday's close proxied near the transaction price), this sale does not appear to be at an all-time high or all-time low for the stock and does not look opportunistically timed to either extreme.
  • Outlier Check: Not unusually large relative to the insider's remaining stake (sold ~22% of pre-sale holdings). Without a history of prior trades in this filing, it appears typical for an executive sale rather than an extreme outlier.

📊 Bullish or Bearish?

Decide: Neutral

Neutral. The filing shows a single, discretionary sale by an SVP (code S) with no 10b5-1 plan; proceeds were realized but a significant direct stake remains. This looks like routine profit-taking rather than a definitive negative signal; data completeness is limited to this one Form 4. Cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine profit-taking rather than a bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by coordinated sales from multiple senior officers or major shareholders.