Viasat (NASDAQ: VSAT) CFO sells 4,000 shares in preset plan
Rhea-AI Filing Summary
VIASAT INC (VSAT) reports that Garrett L. Chase, its SVP and Chief Financial Officer, sold a total of 4,000 shares of $.0001 par value common stock on August 20, 2026, in open-market transactions at weighted average prices of $74.4451 and $75.3451, pursuant to a Rule 10b5-1 Plan adopted on February 25, 2026. The filing also reports an indirect holding of 898 shares held through a 401(k) plan.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
3 txns
Insider
Chase Garrett L.
Role
SVP, Chief Financial Officer
Sold
4,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock F1, F2 | 1,960 | $74.4451 | $146K |
| Sale | $.0001 par value common stock F1, F3 | 2,040 | $75.3451 | $154K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
$.0001 par value common stock — 26,239 shares (Direct);
$.0001 par value common stock — 898 shares (Indirect, By 401(k))
Footnotes (3)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.03 to $74.925. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.03 to $75.855. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold (first transaction): 1960.0000 shares
Weighted average price (first transaction): 74.4451 per share
Shares sold (second transaction): 2040.0000 shares
+3 more
6 metrics
Shares sold (first transaction)
1960.0000 shares
Non-derivative common stock sale on August 20, 2026
Weighted average price (first transaction)
74.4451 per share
Shares sold in multiple transactions, prices from $74.03 to $74.925
Shares sold (second transaction)
2040.0000 shares
Non-derivative common stock sale on August 20, 2026
Weighted average price (second transaction)
75.3451 per share
Shares sold in multiple transactions, prices from $75.03 to $75.855
Indirect holdings by 401(k)
898.0000 shares
Indirect ownership of common stock held by 401(k) plan
Net shares sold
4000 shares
Net buy/sell shares across reported transactions
Key Terms
Rule 10b5-1 Plan, weighted average price, 401(k)
3 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 2026."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401(k) financial
"total_shares_following_transaction 898.0000, nature_of_ownership By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did VIASAT INC (VSAT) disclose for Garrett L. Chase?
VIASAT INC disclosed that CFO Garrett L. Chase sold a total of 4,000 shares of common stock on August 20, 2026 in open-market transactions, and reported an indirect holding of 898 shares in a 401(k) plan.
Were the August 20, 2026 VSAT stock sales by Garrett L. Chase under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 Plan adopted on February 25, 2026, indicating the sales were pre-arranged under that trading plan.
What VSAT holdings does Garrett L. Chase report after these transactions?
The filing reports an indirect holding of 898.0000 shares of VIASAT INC common stock held "By 401(k)". It does not state a total direct share balance following the reported sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
