VSAT (NASDAQ: VSAT) affiliate to sell 21,408 shares after option exercise

Rhea-AI Filing Summary

VSAT affiliate filed a Form 144 reporting intended sale of 21,408 shares via a stock option exercise on 06/02/2026. The filing lists four recent dispositions by Benjamin Edward Palmer totaling 9,600 shares across March–June 2026 with cash proceeds shown per trade.

Insights

Securities Counsel

Form 144 notifies an intended resale tied to option exercise.

This filing records an affiliate's planned sale of 21,408 shares via a stock option exercise dated 06/02/2026. It primarily serves as a regulatory notice under resale rules.

Timing and execution details beyond the exercise date are not provided; subsequent filings will show completed dispositions.

Key Figures

Shares proposed for sale: 21,408 shares Recent dispositions (per trade): 2,400 shares Total recent dispositions: 9,600 shares +2 more

5 metrics

Shares proposed for sale 21,408 shares Stock option exercise on 06/02/2026

Recent dispositions (per trade) 2,400 shares Each trade on 03/12/2026, 04/01/2026, 05/01/2026, 06/01/2026

Total recent dispositions 9,600 shares Aggregate of four listed sales by Benjamin Edward Palmer (Mar–Jun 2026)

Proceeds from latest listed sale $193,416 Sale on 06/01/2026 for 2,400 shares

Filing date / exercise date 06/02/2026 Date tied to the stock option exercise and securities to be sold

Key Terms

Form 144, Stock Option Exercise, Issuer

3 terms

Form 144 regulatory

"reporting intended sale of 21,408 shares via a stock option exercise"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Securities To Be Sold | 06/02/2026 | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Issuer regulatory

"Stock Option Exercise | Issuer | 21408 | 06/02/2026 | Cash"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	21408	1564740.69	136568953	06/02/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/02/2026	Stock Option Exercise	Issuer			21408	06/02/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BENJAMIN EDWARD PALMER 6155 El Camino Real Carlsbad CA 92009	Common	06/01/2026	2400	193416.00
BENJAMIN EDWARD PALMER 6155 El Camino Real Carlsbad CA 92009	Common	05/01/2026	2400	159888.00
BENJAMIN EDWARD PALMER 6155 El Camino Real Carlsbad CA 92009	Common	04/01/2026	2400	114504.00
BENJAMIN EDWARD PALMER 6155 El Camino Real Carlsbad CA 92009	Common	03/12/2026	2400	110904.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does VSAT's Form 144 report?

The Form 144 reports an intended sale of 21,408 shares tied to a stock option exercise on 06/02/2026. It also lists four recent dispositions by Benjamin Edward Palmer totaling 9,600 shares from March to June 2026.

Who is the selling party named in the filing for VSAT?

The filing lists Benjamin Edward Palmer as the individual who made recent dispositions and is associated with the Form 144. His recent entries show four sales of 2,400 shares each on March 12, April 1, May 1, and June 1, 2026.

What transaction type is disclosed on the Form 144 for VSAT?

The disclosure describes a Stock Option Exercise with cash consideration for the exercise dated 06/02/2026. The Form 144 signals an intended resale of resulting shares rather than an issuer primary offering.

How much cash proceeded from the recent sales listed in VSAT's filing?

The four recent dispositions by Benjamin Edward Palmer show proceeds of $110,904, $114,504, $159,888, and $193,416 for the trades dated March 12, April 1, May 1, and June 1, 2026, respectively.