Viasat (VSAT) general counsel reports RSU grant, vesting and tax withholding
Rhea-AI Filing Summary
Viasat Inc. senior vice president and general counsel Robert James Blair reported a set of equity compensation transactions. On June 7, 2026, he received a grant of 24,574 restricted stock units, each representing a right to one share of common stock, subject to future vesting and forfeiture conditions.
On the same date, previously granted restricted stock units vested and were converted into a total of 18,264 shares of $.0001 par value common stock. Of these newly vested shares, 8,178 shares were withheld by Viasat at a price of $67.18 per share to satisfy tax withholding obligations, rather than being sold in the market. Following these transactions, Blair held 41,568 shares of common stock directly and 24,574 restricted stock units, with an additional 242 shares held indirectly through the Viasat 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 3,681 | $0.00 | -- |
| Exercise | restricted stock unit | 8,333 | $0.00 | -- |
| Exercise | restricted stock unit | 6,250 | $0.00 | -- |
| Grant/Award | restricted stock unit | 24,574 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 3,681 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 1,321 | $67.18 | $89K |
| Exercise | $.0001 par value common stock | 8,333 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 3,676 | $67.18 | $247K |
| Exercise | $.0001 par value common stock | 6,250 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 3,181 | $67.18 | $214K |
| holding | $.0001 par value common stock | -- | -- | -- |
Footnotes (1)
- Includes 1100 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2026. 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. Includes 242 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report. The original restricted stock unit grant was for 14,725 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date. The original restricted stock unit grant was for 25,000 units on 06/07/2024. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. The remaining restricted stock units will vest on June 7, 2027. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.