Viavi Solutions (NASDAQ:VIAV), a leader in network testing and security, saw a key insider trim their stake amid strong one-year stock gains.
On Feb. 9, 2026, Oleg Khaykin, President & CEO of Viavi Solutions, executed a direct open-market sale of 73,250 shares, representing a transaction value of ~$1.9 million according to the SEC Form 4 filing.
|
Metric |
Value |
|---|---|
|
Shares sold (direct) |
73,250 |
|
Transaction value |
$1,922,812.50 |
|
Post-transaction shares (direct) |
1,635,621 |
|
Post-transaction shares (indirect) |
40,238 |
Transaction value based on SEC Form 4 reported price ($26.25); post-transaction value based on Feb. 9, 2026 market close ($27.62).
-
How did this transaction affect Mr. Khaykin’s ownership stake?
This direct sale reduced Mr. Khaykin’s direct holdings by 4.19%, leaving him with 1,635,621 shares held directly and 40,238 shares held indirectly, maintaining an aggregate insider ownership of 0.71% as of Feb. 9, 2026. -
Was the sale size typical compared to Mr. Khaykin’s recent activity?
The 73,250-share sale closely matches the median direct sale size (73,250 shares) of his seven open-market sales since August 2025, indicating a consistent transaction pattern. -
What portion of shares remain available for future transactions?
After this transaction, approximately 73% of Mr. Khaykin’s direct ownership position as of August 2025 remains, with each recent sale incrementally reducing available capacity for future dispositions. -
How does the transaction value compare to the stock’s market context?
The sale was executed at around $26.25 per share, while the closing price on Feb. 9, 2026 was $27.62, a level reflecting a 119.6% one-year total return, underscoring a sale into strength following substantial share price appreciation.
|
Metric |
Value |
|---|---|
|
Price (as of market close 2/9/26) |
$27.62 |
|
Market capitalization |
$6.32 billion |
|
Revenue (TTM) |
$1.24 billion |
|
1-year price change |
119.60% |
* 1-year performance calculated using Feb. 9, 2026 as the reference date.
-
Viavi Solutions provides network test, monitoring, and assurance solutions, including instruments, software, and optical security products, across three business segments: Network Enablement, Service Enablement, and Optical Security and Performance Products.
-
It generates revenue through the sale of hardware, software, and services for network design, activation, monitoring, and optimization, as well as optical security solutions for anti-counterfeiting and industrial markets.
-
The company serves communications service providers, enterprises, network equipment manufacturers, OEMs, governments, and avionics customers globally.


