Viasat director granted 3,485 RSUs, acquires shares
Viasat director Shekar G. Ayyar received a new RSU grant and had existing RSUs convert into directly held common shares.
Rhea-AI Filing Summary
VIASAT INC (VSAT) director Shekar G. Ayyar reported equity-based compensation activity. On September 3, 2026, he received a grant of 3,485 restricted stock units (RSUs), each representing one share of common stock. The RSUs vest on the earlier of the first anniversary of grant or the next annual stockholders’ meeting, subject to continued board service and potential forfeiture upon termination.
On the same date, 1,231 RSUs were exercised and converted into 1,231 shares of $.0001 par value common stock, which Ayyar now holds directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,231 shares exercised/converted
Exercise
3 txns
Insider
Ayyar Shekar G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | restricted stock unit F1, F2 | 3,485 | $0.00 | $0.00 |
| Exercise | restricted stock unit F3 | 1,231 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 1,231 | $0.00 | $0.00 |
Holdings After Transaction:
restricted stock unit — 3,485 contracts (Direct);
$.0001 par value common stock — 1,231 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F2. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
- F3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
Key Figures
RSU grant: 3,485 units
RSU conversion: 1,231 units
Common shares acquired: 1,231 shares
+1 more
4 metrics
RSU grant
3,485 units
Restricted stock units granted to director on September 3, 2026
RSU conversion
1,231 units
RSUs exercised and converted into common stock on September 3, 2026
Common shares acquired
1,231 shares
Shares of $.0001 par value common stock received from RSU conversion
Exercise price
$0.00 per share
Stated price for RSU exercise and share acquisition
Key Terms
restricted stock unit, vest, forfeiture, Non-Employee Director
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"The restricted stock units will vest and convert into shares of common stock"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
forfeiture financial
"Until vested, the restricted stock unit shall be subject to forfeiture"
Non-Employee Director financial
"subject to the Non-Employee Director continuing in service on the Board"
FAQ
What equity awards did Viasat (VSAT) director Shekar G. Ayyar receive on this Form 4?
He received a grant of 3,485 restricted stock units on September 3, 2026, each representing a contingent right to receive one share of Viasat common stock, as disclosed for his service as a Non-Employee Director.
When do the new RSUs for Viasat (VSAT) director Shekar G. Ayyar vest?
The 3,485 RSUs vest and convert into common shares on the first anniversary of the grant date or the next annual meeting of stockholders, whichever occurs first, provided he continues serving on the board through the vesting date.
What transaction converted RSUs into Viasat (VSAT) common stock for Shekar G. Ayyar?
On September 3, 2026, 1,231 restricted stock units were exercised and converted into 1,231 shares of $.0001 par value Viasat common stock at a stated price of $0.00 per share, which he now holds directly.
Are Shekar G. Ayyar’s new Viasat (VSAT) RSUs subject to forfeiture?
Yes. The filing states that until vested, the restricted stock units are subject to forfeiture if his directorship with Viasat ends before the vesting date.
Was a Rule 10b5-1 trading plan involved in these Viasat (VSAT) insider transactions?
No. The filing’s Rule 10b5-1 checkbox is marked as not affirmed, and there is no footnote indicating that these equity transactions were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
