VSAT Form 144 Files Proposed Sale of 25,000 Restricted Shares
Rhea-AI Filing Summary
Viasat, Inc. (VSAT) notice reports a proposed insider sale of 25,000 common shares through Morgan Stanley Smith Barney LLC on NASDAQ, with an approximate sale date of 09/15/2025. The filing shows the shares were acquired as restricted stock on 02/17/2025 from the issuer and fully paid on that date. The aggregate market value of the shares at the time of filing is stated as $833,250.00, against 134,262,856 shares outstanding. The filer reports no securities sold in the past three months and affirms they are not aware of undisclosed material adverse information about the issuer.
Positive
- Complete disclosure of acquisition details: date (02/17/2025), nature (restricted stock), and payment status are provided.
- Broker and exchange specified: Morgan Stanley Smith Barney LLC and NASDAQ are identified for the proposed sale.
- No recent sales reported in the past three months by the selling person, reducing concern about larger insider distributions.
Negative
- Filer identification appears incomplete in the provided extract (CIK and contact details not shown), which would be an administrative deficiency if missing from the full filing.
Insights
TL;DR: Planned sale is modest relative to outstanding shares and likely immaterial to Viasat's market capitalization.
The filing documents an intended sale of 25,000 restricted shares with an aggregate market value of $833,250.00. Relative to the stated share count of 134,262,856, this lot represents approximately 0.0186% of outstanding shares, indicating limited direct market impact. No prior sales reported in the past three months reduces concerns of a larger, immediate insider distribution. The origin of the shares as restricted stock acquired from the issuer on 02/17/2025 is clearly disclosed, which is typical for employee or executive equity vesting events. Impact rating: 0 (neutral).
TL;DR: Disclosure is standard and includes the issuer-acquired restricted stock detail and required signer representation.
The notice includes the required representation that the selling person is not aware of undisclosed material adverse information, and it states the acquisition source as the issuer on 02/17/2025. The filing lacks identifiable filer CIK/contact details in the provided extract, which are normally present on Form 144; if absent in the full filing, that would be an administrative omission. Given the small size of the proposed sale and the absence of recent sales, this appears to be routine insider monetization rather than a governance red flag. Impact rating: 0 (neutral).