Viasat CFO converts 52,823 RSUs to stock
Viasat’s CFO converted previously granted RSUs into common stock, with a portion of shares withheld to cover taxes and no open-market trades or 10b5-1 plan reported.
Rhea-AI Filing Summary
VIASAT INC (VSAT) reported that its SVP and Chief Financial Officer, Garrett L. Chase, exercised and converted restricted stock units into common stock on September 16–17, 2026. A total of 52,823 RSUs converted 1-for-1 into common shares, and 23,528 shares were withheld by the company to satisfy the tax withholding obligation rather than sold in the market. The RSUs relate to prior grants that vest in tranches over three years, and Chase also reports indirect ownership of 898 shares through a 401(k) plan. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
52,823 shares exercised/converted
Exercise
7 txns
Insider
Chase Garrett L.
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit F3, F4 | 26,775 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 26,775 | $0.00 | $0.00 |
| Tax Withholding | $.0001 par value common stock F1 | 11,926 | $73.02 | $871K |
| Exercise | restricted stock unit F2, F4 | 26,048 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 26,048 | $0.00 | $0.00 |
| Tax Withholding | $.0001 par value common stock F1 | 11,602 | $70.95 | $823K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 78,022 contracts (Direct);
$.0001 par value common stock — 55,534 shares (Direct);
$.0001 par value common stock — 898 shares (Indirect, By 401(k))
Footnotes (4)
- F1. 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.
- F2. The original restricted stock unit grant was for 78,143 restricted stock units on 09/16/2024. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
- F3. The original restricted stock unit grant was for 78,750 restricted stock units on 08/17/2025. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028.
- F4. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
Key Figures
RSUs converted on September 16, 2026: 26,048 units
RSUs converted on September 17, 2026: 26,775 units
Shares withheld for taxes on September 16, 2026: 11,602 shares at $70.95 per share
+5 more
8 metrics
RSUs converted on September 16, 2026
26,048 units
Restricted stock units converted 1-for-1 into common stock
RSUs converted on September 17, 2026
26,775 units
Restricted stock units converted 1-for-1 into common stock
Shares withheld for taxes on September 16, 2026
11,602 shares at $70.95 per share
Shares delivered or withheld for payment of tax liability
Shares withheld for taxes on September 17, 2026
11,926 shares at $73.02 per share
Shares delivered or withheld for payment of tax liability
Total RSU exercises
52,823 units
Aggregate derivative exercises (M code) reported in transaction summary
Total shares withheld for tax liability
23,528 shares
Aggregate F-code transactions reported in transaction summary
Indirect 401(k) holdings
898 shares
Common stock held indirectly by 401(k) as of September 16, 2026
Original RSU grant (2024)
78,143 units
Grant dated September 16, 2024, vesting one-third annually over three years
Key Terms
restricted stock unit, tax withholding obligation, 1-for-1 basis, forfeiture
4 terms
restricted stock unit financial
"The original restricted stock unit grant was for 78,143 restricted stock units"
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.
tax withholding obligation financial
"shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation"
1-for-1 basis financial
"The units vest and convert into shares of common stock (on a 1-for-1 basis)"
forfeiture financial
"restricted stock unit shall be subject to forfeiture in the event of termination"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Viasat (VSAT) disclose about CFO Garrett L. Chase’s Form 4 transactions?
Viasat disclosed that CFO Garrett L. Chase exercised and converted 52,823 restricted stock units into common stock on September 16–17, 2026, receiving an equal number of common shares, with a portion withheld to satisfy tax obligations.
How many Viasat (VSAT) RSUs did the CFO convert into common stock?
Garrett L. Chase converted a total of 52,823 restricted stock units into Viasat common stock, including 26,048 RSUs on September 16, 2026 and 26,775 RSUs on September 17, 2026, each on a 1-for-1 basis into common shares.
Were Garrett L. Chase’s Viasat (VSAT) transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 2026 transactions were made pursuant to a Rule 10b5-1 trading plan.
What ongoing Viasat (VSAT) equity awards are described in the CFO’s Form 4 footnotes?
One original grant was 78,143 RSUs dated September 16, 2024, vesting one-third on each of the first three anniversaries. Another was 78,750 RSUs dated August 17, 2025, vesting 34% on September 17, 2026 and 33% on June 7, 2027 and 2028, subject to forfeiture until vested.
What indirect Viasat (VSAT) holdings does the CFO report in this Form 4?
Garrett L. Chase reports 898 shares of Viasat common stock held indirectly by 401(k) as of September 16, 2026. Other post-transaction direct share balances are not stated in the data provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.
