Viasat Form 4: VSAT executive RSU and option awards vest
Rhea-AI Filing Summary
Viasat Inc. (VSAT) reported an insider equity transaction by its SVP and Chief Accounting Officer. On 11/17/2025, 4,425 shares of common stock were acquired through the vesting and conversion of previously granted restricted stock units, recorded as a transaction coded "M" at a price of $0. On the same date, 2,383 shares were withheld by the company, coded "F", at $33.36 per share to cover the executive’s tax obligations rather than being sold on the market.
After these transactions, the executive directly beneficially owned 36,806 shares of Viasat common stock, plus 5,141 shares held indirectly through a 401(k) plan. In addition, a performance-based stock option grant with an exercise price of $53.43 for 3,605 underlying shares became fully vested and currently exercisable, following certification of the company’s relative total shareholder return performance for the four-year period ending on 11/18/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock option (right to buy) | 3,605 | $0.00 | -- |
| Exercise | restricted stock unit | 4,425 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 4,425 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 2,383 | $33.36 | $79K |
| holding | $.0001 par value common stock | -- | -- | -- |
Footnotes (1)
- This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer. The original restricted stock unit grant was for 18,678 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award. The stock option is fully vested and currently exercisable.
FAQ
What insider transaction did Viasat (VSAT) report in this Form 4?
The filing reports equity compensation activity for Viasat's SVP and Chief Accounting Officer, including the vesting of restricted stock units into 4,425 shares of common stock and related tax share withholding, as well as the vesting of a performance-based stock option award.
What are the details of the performance-based stock option in the Viasat (VSAT) filing?
The reporting person holds a performance-based stock option with an exercise price of $53.43 covering 3,605 Viasat common shares, expiring on 11/17/2027. The award vested after the Compensation and Human Resources Committee certified Viasat’s relative total shareholder return performance over a four-year period ending on 11/18/2025, and the option is now fully vested and exercisable.
What was the original Viasat (VSAT) restricted stock unit grant mentioned in the Form 4?
The original grant was for 18,678 restricted stock units on 11/17/2021. Subject to any deferral election, these units vest and convert into Viasat common shares over four years, from 12/17/2022 through 11/17/2025, and remain subject to forfeiture if employment or service terminates before vesting.