Director Doug Gilstrap filed a Form 4 with the SEC on November 13, 2026, reporting a restricted stock unit vesting and a new RSU award at Viavi Solutions Inc. (NASDAQ:VIAV) with transactions dated November 11 and November 12, 2026.

Key Highlights

  • RSU Vesting (Code M): Doug Gilstrap acquired 14,369 shares of common stock on November 11, 2026, through the conversion of vested restricted stock units at a price of $0.
  • Post-Transaction Common Stock Holdings: Following the vesting, Gilstrap directly held 70,135 shares of common stock, according to the filing.
  • Derivative Settled: The 14,369 RSUs that vested on November 11, 2026, were reduced to zero remaining derivative units, the filing shows.
  • New RSU Award (Code A): On November 12, 2026, Gilstrap acquired 6,752 new restricted stock units, also at $0, bringing his RSU holdings to 6,752.
  • Vesting Schedule: The newly granted units "shall vest on the earlier of the one year anniversary of the grant or the next Annual Meeting of Stockholders," per the filing's explanation of responses.
  • No Expiration Dates: The filing states there are no expiration dates on the RSUs.

Gilstrap RSU Activity: Vesting and New Grant Details for Viavi Solutions Director

According to the Form 4 filed on November 13, 2026, Doug Gilstrap, a director of Viavi Solutions Inc., reported two separate transactions involving restricted stock units. The first, dated November 11, 2026, was a vesting event coded "M," in which 14,369 RSUs converted into an equal number of shares of common stock at a conversion price of $0. The filing notes that "each stock unit converts upon vesting into one share of common stock."

Following that transaction, Gilstrap's direct beneficial ownership of common stock stood at 70,135 shares, as reported in Table I of the filing. The corresponding derivative position in those 14,369 RSUs was reduced to zero following the vesting event, as shown in Table II.

On November 12, 2026, the filing records a new RSU award (Code A) of 6,752 units at $0, underlying 6,752 shares of common stock. As of that transaction, Gilstrap directly held 6,752 RSUs. The filing states these units are subject to vesting "on the earlier of the one year anniversary of the grant or the next Annual Meeting of Stockholders." All holdings reported are in a direct ownership form. The filing was signed by Donna T. Rossi as attorney-in-fact on November 13, 2026.

What Was Disclosed

Viavi Solutions director Doug Gilstrap disclosed the vesting of 14,369 RSUs into common stock on November 11, 2026, and the grant of 6,752 new RSUs on November 12, 2026, leaving him with 70,135 shares of common stock and 6,752 RSUs outstanding.