Viasat (NASDAQ: VSAT) director’s trust sells 27,122 shares after option exercises
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 27,122 shares ($1,945,732)
Net Sell
8 txns
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)
- [object Object]
Key Figures
Shares sold: 27,122 shares
Sale price: $71.74 per share
Options exercised (total shares): 27,122 shares
+5 more
8 metrics
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
Key Terms
open-market sale, employee stock option (right to buy), derivative exercise/conversion, indirect ownership, +1 more
5 terms
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.""
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.
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.
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.