Viasat director exercises 1,000 RSUs into shares
VIASAT INC director Michael Paull reported the vesting and exercise of restricted stock units into common shares.
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 Trade Summary
1,000 shares exercised/converted
Exercise
2 txns
Insider
Paull Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 1,000 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
restricted stock unit — 2,000 contracts (Direct);
$.0001 par value common stock — 1,000 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
Key Figures
RSUs exercised: 1,000 units
Common shares acquired: 1,000 shares
Original RSU grant: 3,000 units
+1 more
4 metrics
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
Key Terms
restricted stock unit, vest, forfeiture
3 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
