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Viasat (VSAT) director Shekar Ayyar awarded 1,231 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Viasat Inc. director Shekar G. Ayyar received a grant of 1,231 restricted stock units on May 6, 2026. Each unit represents a contingent right to receive one share of Viasat common stock at no purchase price. Following this grant, he holds 1,231 restricted stock units directly.

The units will vest and convert into common shares on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, provided he continues serving as a non-employee director through the vesting date. This is a compensation-related equity award, not an open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Ayyar Shekar G
Role null
Type Security Shares Price Value
Grant/Award restricted stock unit 1,231 $0.00 --
Holdings After Transaction: restricted stock unit — 1,231 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
RSUs granted 1,231 units Restricted stock unit award to director on May 6, 2026
Transaction price per unit $0.00 Equity compensation grant, no purchase price
Underlying common shares 1,231 shares Each RSU represents one share of common stock
Post-transaction RSU holdings 1,231 units Total restricted stock units held after the grant
Transaction type Grant/award acquisition (Code A) Compensation-related acquisition of derivative security
Ownership type Direct RSUs held directly by the reporting person
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the Company's stockholders regulatory
"...or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service..."
Non-Employee Director regulatory
"...subject to the Non-Employee Director continuing in service on the Board through such vesting date."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Ayyar Shekar G
(Last)(First)(Middle)
6155 EL CAMINO REAL
(Street)
CARLSBAD CALIFORNIA 92009
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
restricted stock unit(1)05/06/2026A1,231 (2) (2)common stock1,231$01,231D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
2. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
/s/ Stacy Nguyen, Attorney-in-Fact05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Viasat (VSAT) director Shekar G. Ayyar report on this Form 4?

He reported receiving 1,231 restricted stock units as an equity award. These units are a form of compensation that can convert into 1,231 shares of Viasat common stock if the vesting conditions are satisfied over time.

How many Viasat (VSAT) restricted stock units were granted in this filing?

The filing shows a grant of 1,231 restricted stock units. Each unit represents a contingent right to one share of Viasat common stock, so the award could translate into 1,231 shares if all vesting requirements are met.

When do Shekar G. Ayyar’s Viasat (VSAT) restricted stock units vest?

The units vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting also requires Shekar G. Ayyar to continue serving as a non-employee director through the applicable vesting date.

Is this Viasat (VSAT) Form 4 a stock purchase or sale?

No, it reflects a grant of restricted stock units as compensation rather than an open-market trade. The award carries no purchase price and will convert into common shares only if the specified vesting conditions are satisfied.

How many Viasat (VSAT) restricted stock units does Shekar G. Ayyar hold after this transaction?

After this grant, he holds 1,231 restricted stock units directly. This total matches the reported award amount, indicating these are his only RSUs disclosed in this particular Form 4 filing at this time.

What does each Viasat (VSAT) restricted stock unit represent in this filing?

Each restricted stock unit represents a contingent right to receive one share of Viasat common stock. The units convert into shares only upon vesting, which depends on the timing condition and continued board service.