Viasat (VSAT) SVP granted 28,670 RSUs and exercises prior awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. executive Craig Andrew Miller reported a mix of equity compensation and related share movements. On June 7, 2026, he received a grant of 28,670 restricted stock units (RSUs), each representing a contingent right to one share of Viasat common stock, which vest in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029.
On the same date, Miller exercised previously granted RSUs, acquiring 21,574 shares of common stock at a price of $0.00 per share, while 10,288 shares were withheld by Viasat at $67.18 per share to cover tax obligations rather than being sold on the market. After these transactions, he directly held 25,359 shares of common stock, with additional indirect holdings of 1,592 shares through his spouse and 4,443 shares through the Viasat 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,574 shares exercised/converted
Mixed
12 txns
Insider
Miller Craig Andrew
Role
SVP, Pres Viasat Government
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 4,417 | $0.00 | -- |
| Exercise | restricted stock unit | 9,804 | $0.00 | -- |
| Exercise | restricted stock unit | 7,353 | $0.00 | -- |
| Grant/Award | restricted stock unit | 28,670 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 4,417 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 1,585 | $67.18 | $106K |
| Exercise | $.0001 par value common stock | 9,804 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 4,961 | $67.18 | $333K |
| Exercise | $.0001 par value common stock | 7,353 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 3,742 | $67.18 | $251K |
| holding | $.0001 par value common stock | -- | -- | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 4,417 shares (Direct, null);
$.0001 par value common stock — 26,944 shares (Direct, null);
$.0001 par value common stock — 4,443 shares (Indirect, By 401(k))
Footnotes (1)
- Includes 1,275 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2026. 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. Includes 233 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report. The original restricted stock unit grant was for 17,670 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date. The original restricted stock unit grant was for 29,412 units on 06/07/2024. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/3 on the 13th month 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. The remaining restricted stock units will vest on June 7, 2027. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029. 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
New RSU grant: 28,670 units
RSU exercises: 21,574 shares
Tax withholding shares: 10,288 shares at $67.18
+5 more
8 metrics
New RSU grant
28,670 units
Restricted stock units granted on June 7, 2026
RSU exercises
21,574 shares
Common shares acquired by exercising RSUs on June 7, 2026
Tax withholding shares
10,288 shares at $67.18
Shares withheld by issuer to cover tax obligations
Direct common stock holding
25,359 shares
Direct Viasat common shares held after transactions
Indirect spouse holding
1,592 shares
Common shares held indirectly through spouse
Indirect 401(k) holding
4,443 shares
Common shares held indirectly through Viasat 401(k) Plan
RSU exercise price
$0.00 per share
Price for RSU conversions into common stock
Withholding price
$67.18 per share
Price used for shares withheld for tax obligations
Key Terms
restricted stock unit, Viasat Employee Stock Purchase Plan, Viasat 401(k) Plan, tax withholding obligation, +1 more
5 terms
restricted stock unit financial
"The original restricted stock unit grant was for 17,670 units on 06/07/2023."
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.
Viasat Employee Stock Purchase Plan financial
"Includes 1,275 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2026."
Viasat 401(k) Plan financial
"Includes 233 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report."
tax withholding obligation financial
"withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What equity compensation did Viasat (VSAT) executive Craig Miller receive in this Form 4?
Craig Miller received a grant of 28,670 restricted stock units. Each unit represents a contingent right to one share of Viasat common stock, vesting in three substantially equal installments on June 7, 2027, June 7, 2028, and June 7, 2029, subject to continued service.
How do the new restricted stock units for Craig Miller vest at Viasat (VSAT)?
The 28,670 restricted stock units vest and convert into common shares on a one-for-one basis in three substantially equal installments. Vesting occurs on June 7, 2027, June 7, 2028, and June 7, 2029, and units are subject to forfeiture if employment terminates before vesting.