STOCK TITAN

Viasat (NASDAQ: VSAT) director’s trust sells 27,122 shares after option exercises

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Viasat Inc. director Richard A. Baldridge reported an option exercise-and-sale transaction involving 27,122 shares of common stock held through a trust. On 2026-06-03, a trust associated with him exercised employee stock options to acquire 27,122 shares at strike prices of $17.33, $24.34, and $53.43 per share and then executed an open-market sale of 27,122 shares at $71.74 per share.

Following these transactions, indirect holdings "By Trust" are reported at 213,355 shares of common stock, while direct ownership shows 55,000 shares. The filing lists no remaining employee stock options for these specific grants, which are described as fully vested and currently exercisable.

Positive

  • None.

Negative

  • None.
Insider BALDRIDGE RICHARD A
Role null
Sold 27,122 shs ($1.95M)
Type Security Shares Price Value
Exercise employee stock option (right to buy) 17,122 $0.00 --
Exercise employee stock option (right to buy) 5,000 $0.00 --
Exercise employee stock option (right to buy) 5,000 $0.00 --
Exercise $.0001 par value common stock 17,122 $53.43 $915K
Exercise $.0001 par value common stock 5,000 $24.34 $122K
Exercise $.0001 par value common stock 5,000 $17.33 $87K
Sale $.0001 par value common stock 27,122 $71.74 $1.95M
holding $.0001 par value common stock -- -- --
Holdings After Transaction: employee stock option (right to buy) — 0 shares (Direct, null); $.0001 par value common stock — 230,477 shares (Indirect, By Trust); $.0001 par value common stock — 55,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 27,122 shares Open-market sale of common stock on June 3, 2026
Sale price $71.74 per share Price for 27,122 common shares sold by trust
Options exercised (total shares) 27,122 shares Employee stock options converted into common stock
Option strike price 1 $17.33 per share Employee stock option exercise price
Option strike price 2 $24.34 per share Employee stock option exercise price
Option strike price 3 $53.43 per share Employee stock option exercise price
Indirect holdings after transactions 213,355 shares Common stock held "By Trust" after June 3, 2026
Direct holdings 55,000 shares Common stock directly owned after June 3, 2026
open-market sale financial
"transaction_action: "open-market sale" for 27,122 common shares"
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.
employee stock option (right to buy) financial
"security_title: "employee stock option (right to buy)" in derivative records"
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for option exercises"
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership: "By Trust""
fully vested and currently exercisable financial
"footnote: "The stock option is fully vested and currently exercisable.""
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BALDRIDGE RICHARD A

(Last)(First)(Middle)
6155 EL CAMINO REAL

(Street)
CARLSBAD CALIFORNIA 92009

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
$.0001 par value common stock06/03/2026M17,122A$53.43230,477IBy Trust
$.0001 par value common stock06/03/2026M5,000A$24.34235,477IBy Trust
$.0001 par value common stock06/03/2026M5,000A$17.33240,477IBy Trust
$.0001 par value common stock06/03/2026S27,122D$71.74213,355IBy Trust
$.0001 par value common stock55,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
employee stock option (right to buy)$53.4306/03/2026M17,122 (1)11/17/2027common stock17,122$00D
employee stock option (right to buy)$24.3406/03/2026M5,000 (1)09/07/2029common stock5,000$00D
employee stock option (right to buy)$17.3306/03/2026M5,000 (1)09/05/2030common stock5,000$00D
Explanation of Responses:
1. The stock option is fully vested and currently exercisable.
/s/ Stacy Nguyen, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Viasat (VSAT) director Richard Baldridge report?

Richard A. Baldridge reported an option exercise-and-sale involving 27,122 Viasat common shares. A trust associated with him exercised employee stock options and sold 27,122 shares in an open-market transaction on June 3, 2026, at $71.74 per share.

How many Viasat (VSAT) shares did the trust sell and at what price?

The trust associated with Richard A. Baldridge sold 27,122 Viasat common shares. The open-market sale on June 3, 2026, was reported at an average price of $71.74 per share, matching the number of shares acquired through exercised employee stock options.

What stock options did Richard Baldridge exercise in this Viasat (VSAT) Form 4?

The filing shows exercises of employee stock options covering 27,122 Viasat shares. These options had exercise prices of $17.33, $24.34, and $53.43 per share, and were described as fully vested and currently exercisable before being converted into common shares.

What are Richard Baldridge’s reported Viasat (VSAT) share holdings after the transactions?

After the reported transactions, indirect holdings "By Trust" are 213,355 Viasat common shares. Separately, direct ownership is reported at 55,000 common shares, providing context for Baldridge’s overall equity position following the exercise-and-sale activity.

Were the Viasat (VSAT) insider transactions direct or through a trust?

Most reported activity occurred through indirect ownership "By Trust". The open-market sale of 27,122 shares and related acquisition of common stock from option exercises are attributed to the trust, while a separate 55,000-share position is reported as directly owned.