Viasat insider Form 4 shows RSU vesting, share sale and option vest

Rhea-AI Filing Summary

Viasat Inc. SVP and General Counsel reported multiple equity transactions in company stock. On 11/17/2025, 3,318 restricted stock units vested and converted into common shares at an exercise price of $0. To cover tax withholding, 1,188 of these shares were withheld by the company at $33.36 per share, leaving the officer with 70,788 directly held shares.

On 11/18/2025, the officer sold 2,269 common shares at an average price of $35.6071, resulting in 68,519 shares held directly plus 4,045 shares held indirectly through a 401(k) plan. In the derivative section, 3,318 RSUs converted into common stock and a performance-based stock option award for 2,704 shares with a $53.43 exercise price became fully vested and currently exercisable, following certification of Viasat’s relative total shareholder return over a four-year performance period. The option expires on 11/17/2027.

Insider Trade Summary

Net Seller: 2,269 shares ($80,793)

Net Sell 6 txns

Insider Blair Robert James

Role SVP, General Counsel

Sold 2,269 shs ($81K)

Type	Security	Shares	Price	Value
Grant/Award	common stock option (right to buy)	2,704	$0.00	--
Sale	$.0001 par value common stock	2,269	$35.6071	$81K
Exercise	restricted stock unit	3,318	$0.00	--
Exercise	$.0001 par value common stock	3,318	$0.00	--
Tax Withholding	$.0001 par value common stock	1,188	$33.36	$40K
holding	$.0001 par value common stock	--	--	--

Holdings After Transaction: common stock option (right to buy) — 2,704 shares (Direct); $.0001 par value common stock — 68,519 shares (Direct); restricted stock unit — 0 shares (Direct); $.0001 par value common stock — 4,045 shares (Indirect, By 401(k))

Footnotes (1)

1. This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer. The original restricted stock unit grant was for 13,809 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award. The stock option is fully vested and currently exercisable.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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

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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^*

Blair Robert James

(Last) (First) (Middle)

6155 EL CAMINO REAL

(Street)

CARLSBAD CA 92009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
$.0001 par value common stock	11/17/2025		M		3,318	A	$0	71,976	D
$.0001 par value common stock	11/17/2025		F(1)		1,188	D	$33.36	70,788	D
$.0001 par value common stock	11/18/2025		S		2,269	D	$35.6071	68,519	D
$.0001 par value common stock								4,045	I	By 401(k)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
restricted stock unit	$0	11/17/2025		M			3,318	(2)	(3)	common stock	3,318	$0	0	D
common stock option (right to buy)	$53.43	11/18/2025		A(4)		2,704		(5)	11/17/2027	common stock	2,704	$0	2,704	D

Explanation of Responses:

1. This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.

2. The original restricted stock unit grant was for 13,809 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025.

3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.

4. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award.

5. The stock option is fully vested and currently exercisable.

	Stacy Nguyen, Attorney-in-Fact	11/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Viasat (VSAT) report for its SVP and General Counsel?

The officer reported vesting of 3,318 restricted stock units on 11/17/2025, tax withholding of 1,188 shares, a sale of 2,269 common shares at $35.6071 on 11/18/2025, and vesting of performance-based stock options for 2,704 shares.

How many Viasat (VSAT) shares does the reporting person hold after these transactions?

After the reported transactions, the officer holds 68,519 Viasat common shares directly and 4,045 shares indirectly through a 401(k) plan.

What happened to the Viasat restricted stock units reported on this Form 4?

A grant of 3,318 restricted stock units vested on 11/17/2025 and converted into common stock at an exercise price of $0, with 1,188 shares withheld to satisfy tax obligations.

What are the key terms of the Viasat performance-based stock options that vested?

The performance-based stock options cover 2,704 shares of common stock at an exercise price of $53.43 per share and expire on 11/17/2027. They became fully vested and currently exercisable after Viasat’s relative total shareholder return over a four-year period was certified on 11/18/2025.

Why were some Viasat shares classified as disposed of in the Form 4 tax withholding entry?

The 1,188 shares shown as disposed of were withheld by Viasat to satisfy the officer’s tax withholding obligation on vested RSUs. According to the disclosure, these shares were not sold in the market but offset against the total vested shares.

How were the Viasat performance-based stock options earned by the reporting person?

The options were originally granted on 11/17/2021 and vested based on Viasat’s total shareholder return relative to peer companies over a four-year performance period. The Compensation and Human Resources Committee certified performance on 11/18/2025, causing the award to vest.