Viasat (VSAT) Insider Disposes 50,000 Shares; Form 4 Filed

Rhea-AI Filing Summary

Shawn Lynn Duffy, listed as SVP and Chief Accounting Officer of Viasat Inc. (VSAT), reported a sale of 50,000 shares of Viasat common stock on 09/15/2025 at a price of $32.879 per share. After the transaction, Ms. Duffy beneficially owned 34,764 shares directly and 5,141 indirectly through a 401(k) plan. The filing notes an additional 825 shares purchased via the Viasat Employee Stock Purchase Plan on 07/31/2025. The Form 4 was signed by Stacy Nguyen, Attorney-in-Fact, on 09/17/2025.

Positive

• Timely disclosure: Form 4 filed on 09/17/2025 for a 09/15/2025 trade (two days later)
• Clear ownership breakdown: filing specifies direct (34,764) and indirect (5,141) holdings
• Recent ESPP participation: 825 shares purchased on 07/31/2025 are disclosed

Negative

• Large sale size: disposition of 50,000 shares reduces direct holdings materially in absolute terms
• No explanation provided in the filing for the reason behind the sale

Insights

Financial Analyst

TL;DR: Insider sold 50,000 VSAT shares at $32.879, filing made two days after the trade; remaining direct ownership is 34,764 shares.

The sale on 09/15/2025 of 50,000 shares at $32.879 reduces the reporting person’s direct stake to 34,764 shares while 5,141 shares remain indirectly held via a 401(k). The filing was executed on 09/17/2025, indicating disclosure within two business days. The note that 825 shares were acquired under the ESPP on 07/31/2025 provides additional context on recent insider purchases.

Corporate Governance Expert

TL;DR: Transaction is a standard Section 16 disclosure: a sizable sale followed by timely Form 4 reporting; no exemptions or derivative activity disclosed.

The Form 4 reports a straightforward non-derivative sale (code S) with no derivative securities listed in Table II. The filing clearly separates direct and indirect holdings and documents an ESPP purchase. There is no information in the filing about motives, planned transactions, or any rule-based exemptions.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Duffy Shawn Lynn

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		S		50,000	D	$32.879	34,764(1)	D
$.0001 par value common stock								5,141	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

Explanation of Responses:

1. Includes 825 shares purchased under the Viasat Employee Stock Purchase Plan on 07/31/2025.

	Stacy Nguyen, Attorney-in-Fact	09/17/2025
	** 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 VSAT insider Shawn Lynn Duffy report on Form 4?

The Form 4 reports a sale of 50,000 Viasat shares on 09/15/2025 at $32.879 per share and shows remaining direct ownership of 34,764 shares and indirect ownership of 5,141 shares.

When was the Form 4 for the VSAT transaction filed and signed?

The Form 4 reflects the transaction date 09/15/2025 and was signed by Stacy Nguyen, Attorney-in-Fact, on 09/17/2025.

Did the filing report any derivative securities or option exercises for VSAT?

No. Table II lists no derivative securities; the filing only reports non-derivative common stock activity.

Does the Form 4 show any insider purchases for VSAT prior to the sale?

Yes. The filing notes 825 shares were purchased under the Viasat Employee Stock Purchase Plan on 07/31/2025.

How much did the insider receive per share in the reported sale?

The reported sale price was $32.879 per share.