[Form 4] Seer, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Viasat Inc. (VSAT) – Form 4 insider filing

On 07 July 2025, Girish Chandran, President, Global Space Networks, reported the vesting of 8,334 restricted stock units (transaction code “M”). The RSUs converted 1-for-1 into common shares at no cost. To satisfy payroll-tax obligations, 4,488 shares were automatically surrendered to the company at $15.93 per share (code “F”), leaving a net increase of 3,846 shares in Chandran’s direct holdings.

Post-transaction ownership: 46,255 direct shares, 5,644 shares in the officer’s 401(k) and 176 in a spouse 401(k), plus 16,666 unvested RSUs remaining from the original 25,000-unit grant dated 06 Jun 2024. The next two RSU tranches are scheduled to vest on the second and third anniversaries of that grant, subject to continued employment.

No open-market purchase or sale occurred; the filing reflects routine equity-compensation vesting and tax withholding. Therefore, the signal for investors is considered neutral with limited immediate impact on Viasat’s valuation.

Positive

• Officer’s direct ownership increased by 3,846 shares, marginally enhancing alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine equity-comp vesting; neutral valuation impact.

The Form 4 shows an internal RSU conversion, not an open-market buy or sell. Although the officer’s direct stake rose by 3,846 shares, the move is automatic and tied to a pre-existing award. It neither signals aggressive insider buying nor raises liquidity concerns. With only ~4 k shares added against Viasat’s ~126 m share count, the transaction is immaterial to float or sentiment. I classify the news as neutral for investors.

Corporate Governance Specialist

TL;DR: Standard compensation event; no governance red flags.

The filing adheres to Section 16 requirements and clearly discloses tax-withholding mechanics. There are no discretionary sales, no Rule 10b5-1 plan usage, and continued ownership alignment remains intact. From a governance standpoint this is a routine disclosure with no adverse implications.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LANGER ROBERT

(Last) (First) (Middle)

C/O SEER, INC.

3800 BRIDGE PARKWAY

(Street)

REDWOOD CITY CA 94065

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Seer, Inc. [ SEER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/07/2025		A		20,500(1)	A	$0	804,525	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$2.18	07/07/2025		A		30,500		(2)	07/07/2035	Class A Common Stock	30,500	$0	30,500	D

Explanation of Responses:

1. The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) July 7, 2026 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders.

2. Shares subject to the option vest on the earlier of (i) July 7, 2026 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders.

	/s/ David Horn, by power of attorney	07/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Viasat (VSAT) file on 07/07/2025?

Girish Chandran reported the vesting and conversion of 8,334 RSUs into common stock.

How many shares were withheld for tax purposes and at what price?

4,488 shares were surrendered to Viasat at $15.93 per share to cover withholding taxes.

What is the officer’s total direct shareholding after the transaction?

Chandran now holds 46,255 direct VSAT common shares.

How many unvested RSUs does the officer still hold?

He retains 16,666 unvested RSUs from the original 25,000-unit grant.

Does the Form 4 indicate an open-market purchase or sale?

No. The activities were an automatic RSU conversion and tax-withholding share surrender, not open-market trades.

When will the remaining RSUs vest?

The next two tranches are scheduled on the second and third anniversaries of the 06/07/2024 grant date.