Viasat director granted 3,485 RSUs, gifts shares
Viasat director Richard A. Baldridge received new RSU awards and transferred vested shares to a family trust, resulting in indirect ownership of 6,388 common shares.
Rhea-AI Filing Summary
VIASAT INC (VSAT) director Richard A. Baldridge reported equity compensation and related share movements. On September 3, 2026, he received a grant of 3,485 restricted stock units, each representing the right to receive one share of common stock, which will vest on the earlier of one year from grant or the next annual stockholders’ meeting, subject to continued board service and potential forfeiture upon termination. On the same date, 6,388 restricted stock units vested and were converted into an equal number of common shares, which were then contributed as a bona fide gift to The Baldridge Family Trust, resulting in 6,388 shares held indirectly by the trust. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,388 shares exercised/converted
Exercise
5 txns
Insider
BALDRIDGE RICHARD A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | restricted stock unit F2, F3 | 3,485 | $0.00 | $0.00 |
| Exercise | restricted stock unit F4 | 6,388 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 6,388 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock F1 | 6,388 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock | 6,388 | $0.00 | $0.00 |
Holdings After Transaction:
restricted stock unit — 3,485 contracts (Direct);
$.0001 par value common stock — 55,000 shares (Direct);
$.0001 par value common stock — 6,388 shares (Indirect, By Trust)
Footnotes (4)
- F1. These restricted stock units were granted to Richard A. Baldridge, a Director of Viasat, Inc. Upon vesting the shares were contributed to The Baldridge Family Trust.
- F2. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F3. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
- F4. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
Key Figures
Restricted stock units granted: 3,485 units
Restricted stock units vested and converted: 6,388 units
Common shares contributed as gift: 6,388 shares
+2 more
5 metrics
Restricted stock units granted
3,485 units
Equity award to director on September 3, 2026
Restricted stock units vested and converted
6,388 units
RSUs converted into common stock on September 3, 2026
Common shares contributed as gift
6,388 shares
Shares contributed to The Baldridge Family Trust after vesting
Indirect common shares held by trust
6,388 shares
Indirect ownership "By Trust" after the gift transaction
Gift-related share movements
12,776 shares
Total shares involved across two reported bona fide gift entries
Key Terms
restricted stock unit, bona fide gift, Non-Employee Director, forfeiture
4 terms
restricted stock unit financial
"These restricted stock units were granted to Richard A. Baldridge, a Director of Viasat, Inc."
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.
bona fide gift financial
"The transaction is described as a bona fide gift of common stock shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Non-Employee Director financial
"subject to the Non-Employee Director continuing in service on the Board through such vesting date"
forfeiture financial
"the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship"
FAQ
What equity award did Viasat (VSAT) director Richard A. Baldridge receive?
Richard A. Baldridge received a grant of 3,485 restricted stock units on September 3, 2026. Each unit represents a contingent right to receive one share of Viasat, Inc. common stock, subject to the stated vesting and service conditions.
When do the new RSUs for Viasat (VSAT) director Baldridge vest?
The 3,485 restricted stock units will vest and convert into shares on the first to occur of the first anniversary of the grant date or the next annual meeting of stockholders, provided the Non-Employee Director continues to serve on the board through the vesting date.
How many Viasat (VSAT) restricted stock units vested and converted on September 3, 2026?
On September 3, 2026, 6,388 restricted stock units vested and were converted into 6,388 shares of Viasat, Inc. common stock, according to the reported exercise and conversion transaction.
Were Viasat (VSAT) director Baldridge’s transactions under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed for Richard A. Baldridge on September 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
