Director Richard John Burns of Viavi Solutions Inc. filed a Form 4 on November 13, 2026, reporting the vesting of 14,369 restricted stock units and the award of 6,752 new restricted stock units on November 11-12, 2026.

Key Highlights

  • RSU vesting: 14,369 restricted stock units vested on November 11, 2026, converting into 14,369 shares of common stock at $0 price (transaction code M).
  • New RSU award: 6,752 restricted stock units were acquired on November 12, 2026, at $0, also with a vesting schedule tied to one year from grant or the next Annual Meeting of Stockholders, whichever is earlier.
  • Post-transaction common stock holdings: Burns directly beneficially owned 17,753 shares of common stock following the reported transactions.
  • Remaining derivative holdings: Burns holds 6,752 restricted stock units following the reported transactions, all held directly.
  • Role: Burns is identified as a Director of NASDAQ:VIAV.
  • No expiration dates: According to the filing, there are no expiration dates on the restricted stock units.

Burns RSU Vesting and New Award Details at Viavi Solutions

According to the Form 4 filed on November 13, 2026, Richard John Burns, a director of Viavi Solutions Inc. (NASDAQ:VIAV), reported two distinct transactions. On November 11, 2026, 14,369 restricted stock units vested and converted into an equal number of shares of common stock at a price of $0 per unit (transaction code M). The filing notes that "each stock unit converts upon vesting into one share of common stock."

On November 12, 2026, Burns acquired 6,752 new restricted stock units (transaction code A) at $0, also in common stock. The filing states that the units subject to the award "shall vest on the earlier of the one year anniversary of the grant or the next Annual Meeting of Stockholders." No expiration dates apply to either RSU award, according to the filing's explanation of responses.

Following both transactions, the filing reports Burns directly held 17,753 shares of common stock and 6,752 restricted stock units. The Form 4 was signed by Donna T. Rossi as attorney-in-fact on November 13, 2026. No indirect ownership was reported.

What Was Disclosed

The filing disclosed that Director Richard John Burns experienced the vesting of 14,369 RSUs into common stock and received a new grant of 6,752 RSUs at Viavi Solutions, leaving him with 17,753 shares of common stock and 6,752 unvested RSUs.