Viasat director gifts 10,000 shares after option
VSAT director Sean Pak exercised 5,000 options and gifted 5,000 shares to a family revocable trust, which now holds 19,200 shares indirectly under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
VIASAT INC (VSAT) director Sean Pak reported option and share transfers involving 5,000 shares of common stock on September 2, 2026. He exercised a fully vested option to acquire 5,000 shares at an exercise price of $37.43 per share and then transferred 5,000 shares as a gift.
The gifted shares were contributed to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015, which is reported as holding 19,200 shares of VIASAT common stock indirectly after these transactions. The filing states that these transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
5,000 shares exercised/converted
Exercise
4 txns
Insider
Pak Sean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | common stock option (right to buy) F2 | 5,000 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 5,000 | $37.43 | $187K |
| Gift | $.0001 par value common stock F1 | 5,000 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
common stock option (right to buy) — 0 contracts (Direct);
$.0001 par value common stock — 0 shares (Direct);
$.0001 par value common stock — 19,200 shares (Indirect, By Trust)
Footnotes (2)
- F1. These shares were gifted to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Options exercised: 5,000 shares
Option exercise price: $37.43 per share
Shares gifted (total): 10,000 shares
+3 more
6 metrics
Options exercised
5,000 shares
Common stock obtained through option exercise on September 2, 2026
Option exercise price
$37.43 per share
Exercise price for 5,000-share stock option
Shares gifted (total)
10,000 shares
Total common shares involved in gift transactions reported
Shares gifted to revocable trust
5,000 shares
Common shares gifted to the Sean S. Pak and Caroline K. Shin Revocable Trust
Indirect holdings after transactions
19,200 shares
VIASAT common stock held indirectly by the revocable trust after the gift
Option position after exercise
0 derivative shares
Stock option reported as fully exercised with no remaining shares after transaction
Key Terms
Revocable Trust, par value, fully vested
3 terms
Revocable Trust financial
"These shares were gifted to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
par value financial
"$.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.
fully vested financial
"The stock option is fully vested and currently exercisable."
FAQ
What did VSAT director Sean Pak report in this Form 4?
He reported exercising an option for 5,000 shares of VIASAT common stock at $37.43 per share on September 2, 2026, and then transferring 5,000 shares as a gift to a revocable trust associated with him.
Were Sean Pak’s VIASAT (VSAT) transactions under a Rule 10b5-1 plan?
Yes. The filing indicates that the reported transactions were made under a Rule 10b5-1 trading plan, meaning they were executed pursuant to a pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
