[Form 4] VIASAT INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. (VSAT) disclosed a Form 4 for Chairman and CEO Mark Dankberg covering equity award activity on 11/17/2025. A restricted stock unit award for 21,017 shares of common stock vested and converted into shares, originally granted on 11/17/2021 as part of an 88,518-unit grant that vests over four years ending 11/17/2025.
To cover taxes, 11,318 shares were withheld by Viasat, and 9,699 shares were transferred to The Dankberg Family Trust, which held 1,740,361 shares indirectly after the transactions, with an additional 5,896 shares held through a 401(k). The filing also reports vesting of a performance-based stock option award for 17,122 options with a $53.43 exercise price, fully vested and exercisable and expiring on 11/17/2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,017 shares exercised/converted
Mixed
7 txns
Insider
DANKBERG MARK D
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock option (right to buy) | 17,122 | $0.00 | -- |
| Exercise | restricted stock unit | 21,017 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 21,017 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 11,318 | $33.36 | $378K |
| Gift | $.0001 par value common stock | 9,699 | $0.00 | -- |
| Gift | $.0001 par value common stock | 9,699 | $0.00 | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
common stock option (right to buy) — 17,122 shares (Direct);
restricted stock unit — 0 shares (Direct);
$.0001 par value common stock — 21,017 shares (Direct);
$.0001 par value common stock — 1,740,361 shares (Indirect, By Trust)
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 restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust. The original restricted stock unit grant was for 88,518 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 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 did Viasat (VSAT) report in this Form 4 for its CEO?
The Form 4 reports equity award activity for Mark Dankberg, including the vesting of 21,017 restricted stock units, tax withholding in shares, a transfer of vested shares to a family trust, and the vesting of a performance-based stock option award for 17,122 options.
How many Viasat (VSAT) restricted stock units vested for the CEO on 11/17/2025?
On 11/17/2025, 21,017 restricted stock units vested and converted into Viasat common stock for Chairman and CEO Mark Dankberg.
What performance-based stock options are reported for Viasat (VSAT) CEO Mark Dankberg?
The filing shows a vesting of 17,122 performance-based stock options with a $53.43 exercise price, granted on 11/17/2021 based on relative total shareholder return, fully vested and exercisable, expiring on 11/17/2027.