[144] VIASAT INC SEC Filing
Form 144 notice for Viasat, Inc. (VSAT) indicates a proposed sale of 50,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ, with an approximate aggregate market value of $1,643,950 and an approximate sale date of 09/15/2025. The filing lists the total number of shares outstanding as 134,262,856. The schedules show the shares were acquired over many dates primarily via restricted stock vesting under registered plans and occasional option exercises, with acquisition dates ranging from 2012 through 2024 and many grants listed as received for services rendered. The filer certifies there is no undisclosed material adverse information.
- Disclosure compliance: The filer provided a detailed Form 144 with acquisition dates, nature of acquisition, and broker details.
- Modest size relative to outstanding shares: 50,000 shares represent approximately 0.037% of the 134,262,856 shares outstanding, limiting potential market impact.
- Execution through a major broker: Morgan Stanley Smith Barney LLC is named, which may support orderly execution.
- Insider sale disclosed: The proposed sale could be perceived negatively by some investors despite its small size.
- No recent sales reported: While not inherently negative, lack of prior sales in the past three months provides no context for a pattern of sales.
Insights
TL;DR: A routine insider sale is scheduled; size is small relative to the company's outstanding shares.
The notice reports a proposed sale of 50,000 shares valued at $1.64 million. Against the reported 134.26 million shares outstanding, this represents approximately 0.037% of the outstanding float, indicating limited direct market impact. The underlying shares were largely acquired through restricted stock vesting and option exercises across multiple years, which is typical for employee compensation. No sales in the prior three months were reported, and the transaction will be executed through a major broker, reducing execution risk. Overall this is a routine disclosure rather than a material corporate development.
TL;DR: Filing demonstrates compliance with Rule 144 and standard insider disclosure practices.
The Form 144 provides the required breakdown of acquisition dates and the nature of consideration, showing grants and option exercises spanning 2012–2024. Use of an established broker and the filers signed representation that no undisclosed material adverse information exists align with regulatory expectations. The diversity of grant dates suggests ordinary compensation vesting rather than a concentrated single issuance. This filing is a standard governance disclosure with no evident irregularities disclosed in the content provided.
FAQ
What does Viasat's (VSAT) Form 144 announce?
How large is the proposed sale relative to Viasat's outstanding shares?
How were the shares being sold originally acquired?
Does the Form 144 indicate any undisclosed material information about Viasat?
Were any securities sold in the past three months by this person?
