Garrett Chase to sell 4,000 VSAT shares under Rule 144 (NASDAQ: VSAT)

Rhea-AI Filing Summary

Garrett Chase submitted a Form 144 notice to sell 4,000 shares of common stock. The filing lists a reported sale transaction dated 06/03/2026 for 4,000 shares with a proceeds figure of $290,005.60. The filing also lists restricted-stock items of 229 shares dated 02/17/2026 and 3,771 shares dated 09/16/2025.

The broker/issuer line names Morgan Stanley Smith Barney LLC Executive Financial Services and identifies the marketplace as NASDAQ. This notice documents proposed resale activity under Rule 144 procedures.

Insights

Securities Compliance Counsel

Rule 144 notice documents a proposed resale of restricted/held shares by Garrett Chase.

Form 144 is a regulatory notice used to report proposed sales of restricted or control securities; the filing shows a sale dated 06/03/2026 of 4,000 shares with proceeds of $290,005.60. It also lists restricted-stock lots of 229 and 3,771 shares with their grant dates.

Whether the sale occurs and its timing depends on Rule 144 conditions like holding periods and current-public-information requirements; the filing itself reports intent and transaction details but does not confirm settlement or compliance outcomes.

Key Figures

Shares reported sold: 4,000 shares Proceeds shown: $290,005.60 Restricted-stock lot: 229 shares +2 more

5 metrics

Shares reported sold 4,000 shares sale dated <date>06/03/2026</date>

Proceeds shown $290,005.60 linked to 4,000-share sale on <date>06/03/2026</date>

Restricted-stock lot 229 shares grant date <date>02/17/2026</date>

Restricted-stock lot 3,771 shares grant date <date>09/16/2025</date>

Marketplace listed NASDAQ exchange identifier in filing header

Key Terms

Rule 144, Restricted Stock, Issuer

3 terms

Rule 144 regulatory

"Form 144 notice to sell restricted or control securities"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock financial

"Entries labeled "Restricted Stock" with grant dates and share counts"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Issuer regulatory

"Line showing "ISSUER" adjacent to restricted-stock entries"

FAQ

What does Garrett Chase's Form 144 for VSAT report?

It reports a proposed sale of 4,000 shares dated 06/03/2026, with proceeds shown as $290,005.60. The notice also lists restricted-stock items of 229 and 3,771 shares dated 02/17/2026 and 09/16/2025.

Does Form 144 mean the shares have already been sold?

No; Form 144 is a notice of a proposed resale and does not confirm settlement or transfer. It discloses the intended sale date and amounts but does not by itself prove the transaction was completed or that Rule 144 conditions were satisfied.

How many restricted shares are listed in the filing for VSAT?

The filing lists two restricted-stock entries: 229 shares (dated 02/17/2026) and 3,771 shares (dated 09/16/2025). These appear alongside the reported resale notice for 4,000 shares.

Who is the broker or issuer listed on the Form 144?

The filing names Morgan Stanley Smith Barney LLC Executive Financial Services and identifies the market as NASDAQ. That line appears in the filer/issuer section and relates to the broker/placement details shown in the notice.

What cash amount is disclosed for the reported sale in the filing?

The filing shows proceeds of $290,005.60 linked to the 4,000-share sale dated 06/03/2026. The figure is presented on the same line as the sold-share record in the excerpt provided.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/22/2026 - 04:03 PM Accepted by SEC EDGAR 06/22/2026 - 04:03 PM Learn about SEC filing dates

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	4000	249646.40	136568953	06/22/2026	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	02/17/2026	Restricted Stock	ISSUER			229	02/17/2026	Not Applicable
Common	09/16/2025	Restricted Stock	ISSUER			3771	09/16/2025	Not Applicable

* 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
GARRETT CHASE 6155 El Camino Real Carlsbad CA 92009	Common	06/03/2026	4000	290005.60

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)