Daskal Ilan

VIAV CFO Ilan Daskal sells 170,000 shares for $2,972,993.91, reducing stake by 94.4% to 10,132 shares remaining.

Daskal Ilan, EVP and CFO of VIAVI Solutions, executed 3 separate sales on 2025-12-02 totaling 170,000 shares (170.0K shares) for $2,972,993.91 ($3.0M) at a blended average price of $17.49, leaving just 10,132 shares (10.1K shares) post-transaction—a 94.4% reduction in his holdings. The stock closed near its 52-week high at $17.51 (-3.6% from the $18.16 peak), having gained 49.3% over 90 days. His prior VIAV sale on 2025-06-04 did not occur before a subsequent decline (90d return was +23.8%), meaning it was poorly timed relative to the sell-timing benchmark. The company is currently unprofitable (net income $-21.4M on revenue $299.1M) with an elevated P/E of 250.14, though annual revenue grew 8.4% year-over-year. This near-complete liquidation by the CFO at near 52-week highs is a material departure from his existing stake and invites scrutiny of the company's financial trajectory and the CFO's confidence in forward guidance.

CFO Daskal Ilan sells entire 82,095-share position in VIAV for $761.8K; company unprofitable on -9.6% revenue decline

Daskal Ilan, EVP and CFO of VIAVI Solutions, liquidated his complete shareholding of 82,095 shares (100.0% of his pre-transaction holdings) on 2025-06-04, reducing his ownership stake to zero. This full exit occurs against deteriorating fundamentals: the company reported annual revenue growth of -9.6%, net income of $19,500,000 on quarterly revenue of $284,800,000, and was unprofitable over its most recent full fiscal year. The complete divestiture by the company's chief financial officer—the executive most directly responsible for capital allocation and financial health visibility—warrants investor scrutiny given the negative earnings trajectory and declining revenue trend.