Viasat SVP sells $133K in stock under 10b5-1 plan
A VIASAT senior executive sold 2,000 VSAT shares under a pre-arranged Rule 10b5-1 trading plan, retaining 30,087 shares afterward.
Rhea-AI Filing Summary
VIASAT INC (VSAT) reported that officer Benjamin Edward Palmer, SVP and President of Commercial, sold 2,000 shares of $.0001 par value common stock on September 1, 2026 in an open-market transaction at $66.75 per share. After this sale, he directly holds 30,087 shares of VIASAT common stock. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
1 txn
Insider
Palmer Benjamin Edward
Role
SVP, Pres Commercial
Sold
2,000 shs ($134K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock F1 | 2,000 | $66.75 | $134K |
Holdings After Transaction:
$.0001 par value common stock — 30,087 shares (Direct)
Footnotes (1)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025.
Key Figures
Shares sold: 2,000 shares
Sale price per share: $66.75 per share
Transaction value: $133,500
+2 more
5 metrics
Shares sold
2,000 shares
Non-derivative sale on September 1, 2026 by Benjamin Edward Palmer
Sale price per share
$66.75 per share
Price for the 2,000 VSAT shares sold on September 1, 2026
Transaction value
$133,500
2,000 shares sold at $66.75 per share
Shares owned after transaction
30,087 shares
Direct ownership of Benjamin Edward Palmer following the sale
Rule 10b5-1 plan adoption date
December 11, 2025
Plan under which the September 1, 2026 sale was executed
Key Terms
Rule 10b5-1 Plan, par value, non-derivative
3 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
par value financial
"$.0001 par value common stock"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did VIASAT (VSAT) report for Benjamin Edward Palmer?
VIASAT reported that Benjamin Edward Palmer, SVP and President of Commercial, sold 2,000 shares of common stock on September 1, 2026 in a reported open-market transaction at $66.75 per share, leaving him with 30,087 shares directly owned.
Was the VIASAT (VSAT) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 Plan adopted on December 11, 2025. This indicates the sale followed a pre-arranged trading plan rather than being initiated at the reporting person’s discretion at the time of sale.
What type of security was involved in the VIASAT (VSAT) insider sale?
The transaction involved VIASAT $.0001 par value common stock, reported as a non-derivative security. The sale covered 2,000 shares on September 1, 2026, at $66.75 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.