Insider files to sell 2,400 VSAT shares (NASDAQ: VSAT)

Rhea-AI Filing Summary

VSAT: A Form 144 notice shows 2,400 shares of Common Stock proposed for sale by Benjamin Edward Palmer. The filing lists an aggregate value of $114,504.00 and references trading on NASDAQ. The securities include Restricted Stock dated 05/31/2024; a recent sale of 2,400 shares on 03/12/2026 with value $110,904.00 is also listed.

Insights

Securities Compliance Counsel

Routine resale filing for an insider holding restricted shares.

The filing lists a proposed resale of 2,400 shares by Benjamin Edward Palmer and identifies the shares as Restricted Stock dated 05/31/2024. Form 144 is a notice of intent to sell under Rule 144 and is administrative in nature.

Because the filing shows the mechanics (share count, dates, and aggregate values) but no material company-level disclosures, the item is procedural. Subsequent transaction reports or sale confirmations would show actual market impact.

Key Figures

Shares proposed for sale: 2,400 shares Aggregate value (proposed): $114,504.00 Exchange: NASDAQ +3 more

6 metrics

Shares proposed for sale 2,400 shares listed on Form 144

Aggregate value (proposed) $114,504.00 value shown on securities information line

Exchange NASDAQ market listed on filing

Restricted stock date 05/31/2024 award date for Restricted Stock

Recent sale within 3 months 2,400 shares sale on 03/12/2026

Aggregate value (recent sale) $110,904.00 value listed for 03/12/2026 sale

Key Terms

Form 144, Restricted Stock, Aggregate value

3 terms

Form 144 regulatory

"Form 144 notice of proposed sale of securities"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock financial

"Restricted Stock | ISSUER | 05/31/2024"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Aggregate value financial

"114504.00 listed on securities information line"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2400	114504.00	135831401	04/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/31/2024	Restricted Stock	ISSUER			2400	05/31/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BENJAMIN EDWARD PALMER 6155 El Camino Real Carlsbad CA 92009	Common	03/12/2026	2400	110904.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does VSAT's Form 144 show about the proposed sale?

The Form 144 shows a proposed sale of 2,400 shares of Common Stock by Benjamin Edward Palmer. It lists an aggregate value of $114,504.00 and identifies the shares as restricted stock dated 05/31/2024.

Who is the selling holder named in the VSAT Form 144?

The named selling holder is Benjamin Edward Palmer with an address in Carlsbad, CA. The filing attributes the proposed sale of 2,400 shares to this individual on the notice.

Does the Form 144 list any recent sales of VSAT shares?

Yes; the filing records securities sold during the past three months: 2,400 shares on 03/12/2026 with an aggregate value of $110,904.00. This appears as a prior sale in the filing.

Are the VSAT shares in the Form 144 restricted or unrestricted?

The filing identifies the securities as Restricted Stock with an award date of 05/31/2024. The Form 144 explicitly lists the restriction type for the shares proposed for sale.

On which exchange does VSAT trade according to the filing?

The filing references NASDAQ as the market for the Common Stock. That exchange designation appears on the securities information line in the notice.