Viasat insider updates holdings with RSU vesting and option award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. officer reports equity award activity in Form 4. The President of Global Space Networks exercised 3,540 restricted stock units into common stock on 11/17/2025, with 1,907 shares withheld by Viasat to cover taxes. Following these transactions, the officer directly holds 47,888 common shares, plus 5,644 shares through a 401(k) and 176 shares through a spouse's 401(k).
The filing also shows 2,884 performance-based stock options with a $53.43 exercise price becoming vested after the Compensation and Human Resources Committee certified Viasat’s relative total shareholder return performance for the four-year period beginning 11/17/2021. These options, expiring on 11/17/2027, are now fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,540 shares exercised/converted
Mixed
6 txns
Insider
Chandran Girish
Role
Pres., Global Space Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock option (right to buy) | 2,884 | $0.00 | -- |
| Exercise | restricted stock unit | 3,540 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 3,540 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 1,907 | $33.36 | $64K |
| holding | $.0001 par value common stock | -- | -- | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
common stock option (right to buy) — 2,884 shares (Direct);
restricted stock unit — 0 shares (Direct);
$.0001 par value common stock — 49,795 shares (Direct);
$.0001 par value common stock — 5,644 shares (Indirect, By 401(k))
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 14,160 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 did the Viasat (VSAT) insider report in this Form 4?
The President of Global Space Networks reported vesting of 3,540 restricted stock units into Viasat common stock and related tax share withholding, as well as vesting of 2,884 performance-based stock options.
What happened to the restricted stock units in this Viasat Form 4?
The entry reflects 3,540 restricted stock units converting into common stock from an original 14,160-unit grant dated 11/17/2021, vesting over four years from 12/17/2022 to 11/17/2025, subject to forfeiture before vesting.
What are the terms of the performance-based stock options in the Viasat (VSAT) Form 4?
The reporting person holds 2,884 performance-based stock options with a $53.43 exercise price, which vested after Viasat’s relative total shareholder return over a four-year period was certified and are fully vested and exercisable until 11/17/2027.
What performance condition triggered the option vesting for the Viasat insider?
The options vested based on Viasat’s total shareholder return relative to peer companies over a four-year performance period, once the Compensation and Human Resources Committee certified that performance on 11/18/2025.