STOCK TITAN

Viasat (VSAT) director Michael Paull converts 1,000 RSUs into common stock

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

Rhea-AI Filing Summary

VIASAT INC director Michael Paull reported the vesting and exercise of restricted stock units into common shares. On May 10, 2026, 1,000 restricted stock units converted into 1,000 shares of $.0001 par value common stock, with no sale of shares reported.

The footnotes explain that the original grant on May 10, 2025 covered 3,000 restricted stock units that vest in three equal annual installments, subject to his continued service as a director. After this first installment vested, 2,000 restricted stock units remain subject to future vesting and potential forfeiture if his directorship ends.

Positive

  • None.

Negative

  • None.
Insider Paull Michael
Role null
Type Security Shares Price Value
Exercise restricted stock unit 1,000 $0.00 --
Exercise $.0001 par value common stock 1,000 $0.00 --
Holdings After Transaction: restricted stock unit — 2,000 shares (Direct, null); $.0001 par value common stock — 1,000 shares (Direct, null)
Footnotes (1)
  1. The original grant on 05/10/2025 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a Director of the Issuer, the units vest and convert into shares of common stock at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
RSUs exercised 1,000 units Vested and converted to common stock on May 10, 2026
Common shares acquired 1,000 shares Result of RSU conversion, total direct holdings 1,000 shares
Original RSU grant 3,000 units Granted May 10, 2025, vesting in three equal annual installments
Unvested RSUs remaining 2,000 units Balance of original grant after first 1,000 units vested
restricted stock unit financial
"The original grant on 05/10/2025 was for 3,000 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.
vest financial
"the units vest and convert into shares of common stock at a rate of 1/3"
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
"the restricted stock unit shall be subject to forfeiture in the event of termination"
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*
Paull Michael

(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)
05/10/2026
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 stock05/10/2026M1,000A$01,000D
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
restricted stock unit$005/10/2026M1,000 (1) (2)common stock1,000$02,000D
Explanation of Responses:
1. The original grant on 05/10/2025 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a Director of the Issuer, the units vest and convert into shares of common stock at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
2. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
/s/ Stacy Nguyen, Attorney-in-Fact05/12/2026
** 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 transaction did VIASAT INC (VSAT) director Michael Paull report?

Michael Paull reported the vesting and exercise of 1,000 restricted stock units into 1,000 shares of common stock. The transaction was coded as an exercise of a derivative security, with no share sales indicated in this Form 4 filing.

How many VIASAT (VSAT) restricted stock units were originally granted to Michael Paull?

The original grant on May 10, 2025 was for 3,000 restricted stock units. These units vest and convert into common shares in three equal annual installments of 1,000 units each, contingent on his continued service as a director.

How do Michael Paull’s VIASAT restricted stock units vest over time?

The grant vests in three equal parts: one-third on the first anniversary of the May 10, 2025 grant date, one-third on the second anniversary, and one-third on the third anniversary. Each vested portion converts into an equivalent number of common shares.

What happens to Michael Paull’s unvested VIASAT restricted stock units if his directorship ends?

Until vested, Michael Paull’s restricted stock units are subject to forfeiture if his directorship with VIASAT ends. This means any unvested units would be lost upon termination of service, according to the footnote disclosure in the Form 4.

How many VIASAT restricted stock units remain for Michael Paull after this vesting event?

After 1,000 units vested from the original 3,000-unit grant, 2,000 restricted stock units remain. These remaining units are scheduled to vest in equal portions on the second and third anniversaries of the May 10, 2025 grant date, subject to continued service.