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[Form 4] VIASAT INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Viasat Inc. (VSAT) disclosed a Form 4 for Chairman and CEO Mark Dankberg covering equity award activity on 11/17/2025. A restricted stock unit award for 21,017 shares of common stock vested and converted into shares, originally granted on 11/17/2021 as part of an 88,518-unit grant that vests over four years ending 11/17/2025.

To cover taxes, 11,318 shares were withheld by Viasat, and 9,699 shares were transferred to The Dankberg Family Trust, which held 1,740,361 shares indirectly after the transactions, with an additional 5,896 shares held through a 401(k). The filing also reports vesting of a performance-based stock option award for 17,122 options with a $53.43 exercise price, fully vested and exercisable and expiring on 11/17/2027.

Positive
  • None.
Negative
  • None.
SEC Form 4
FORM 4 UNITED 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*
DANKBERG MARK D

(Last) (First) (Middle)
6155 EL CAMINO REAL

(Street)
CARLSBAD CA 92009

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
$.0001 par value common stock 11/17/2025 M 21,017 A $0 21,017 D
$.0001 par value common stock 11/17/2025 F(1) 11,318 D $33.36 9,699 D
$.0001 par value common stock 11/17/2025 G(2) 9,699 D $0 0 D
$.0001 par value common stock 11/17/2025 G 9,699 A $0 1,740,361 I By Trust
$.0001 par value common stock 5,896 I By 401(k)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
restricted stock unit $0 11/17/2025 M 21,017 (3) (4) common stock 21,017 $0 0 D
common stock option (right to buy) $53.43 11/18/2025 A(5) 17,122 (6) 11/17/2027 common stock 17,122 $0 17,122 D
Explanation of Responses:
1. This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
2. The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
3. The original restricted stock unit grant was for 88,518 units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
4. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
5. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award.
6. The stock option is fully vested and currently exercisable.
Stacy Nguyen, Attorney-in-Fact 11/19/2025
** Signature of Reporting Person Date
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.

FAQ

What did Viasat (VSAT) report in this Form 4 for its CEO?

The Form 4 reports equity award activity for Mark Dankberg, including the vesting of 21,017 restricted stock units, tax withholding in shares, a transfer of vested shares to a family trust, and the vesting of a performance-based stock option award for 17,122 options.

How many Viasat (VSAT) restricted stock units vested for the CEO on 11/17/2025?

On 11/17/2025, 21,017 restricted stock units vested and converted into Viasat common stock for Chairman and CEO Mark Dankberg.

How were taxes handled on the vested Viasat (VSAT) shares in this Form 4?

To satisfy tax withholding obligations, 11,318 shares of Viasat common stock were withheld by the issuer; these shares were not sold, but offset from the vested shares received.

What does the Form 4 say about shares held by The Dankberg Family Trust?

Following the reported transactions, 1,740,361 shares of Viasat common stock were reported as indirectly owned by The Dankberg Family Trust, reflecting indirect beneficial ownership.

What performance-based stock options are reported for Viasat (VSAT) CEO Mark Dankberg?

The filing shows a vesting of 17,122 performance-based stock options with a $53.43 exercise price, granted on 11/17/2021 based on relative total shareholder return, fully vested and exercisable, expiring on 11/17/2027.

How many Viasat (VSAT) shares does the CEO hold through a 401(k) after these transactions?

After the reported transactions, 5,896 shares of Viasat common stock were reported as indirectly owned by Mark Dankberg through a 401(k) plan.
Viasat Inc

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4.77B
126.34M
5.86%
97.37%
12.1%
Communication Equipment
Communications Services, Nec
Link
United States
CARLSBAD