Viasat (VSAT) SVP Benjamin Palmer sells 2,400 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. senior vice president Benjamin Edward Palmer sold shares in an open-market transaction. On May 1, 2026, he sold 2,400 shares of Viasat common stock at $66.62 per share. After the sale, he directly held 20,631 shares of common stock.
The filing notes that this transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,400 shares ($159,888)
Net Sell
1 txn
Insider
Palmer Benjamin Edward
Role
SVP, Pres Commercial
Sold
2,400 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock | 2,400 | $66.62 | $160K |
Holdings After Transaction:
$.0001 par value common stock — 20,631 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,400 shares
Sale price per share: $66.62 per share
Shares held after sale: 20,631 shares
+2 more
5 metrics
Shares sold
2,400 shares
Open-market sale on May 1, 2026
Sale price per share
$66.62 per share
Common stock, $.0001 par value
Shares held after sale
20,631 shares
Direct ownership following transaction
Transaction date
May 1, 2026
Date of reported open-market sale
Net buy/sell shares
2,400 shares net sold
TransactionSummary netBuySellShares
Key Terms
Rule 10b5-1 Plan, open-market sale, Form 4, par value common stock, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
par value common stock financial
""security_title": "$.0001 par value common stock""
direct ownership financial
""ownership_type": "direct""
FAQ
What insider transaction did Viasat (VSAT) report for Benjamin Edward Palmer?
Viasat reported that senior vice president Benjamin Edward Palmer completed an open-market sale of company stock. He sold 2,400 shares of Viasat common stock at $66.62 per share, according to the Form 4 insider trading report filed for this transaction.
Was the Viasat (VSAT) insider sale by Benjamin Edward Palmer made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2025. Such plans are pre-arranged programs that schedule trades in advance, helping separate trading activity from day-to-day discretionary decisions.
What is Benjamin Edward Palmer’s role at Viasat (VSAT) in this Form 4?
In this Form 4, Benjamin Edward Palmer is identified as an officer of Viasat with the title “SVP, Pres Commercial.” This indicates he is a senior vice president and president of the commercial segment, making his transactions subject to insider reporting requirements.