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Viasat CEO Dankberg's option vests 225,000 more shares

The chairman and CEO’s option is currently exercisable at $15.96 per share and expires October 9, 2029.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Mark D. Dankberg reported acquisition or exercise transactions in this Form 4 filing. Viasat Inc. reported that Chairman and CEO Mark D. Dankberg’s employee stock option was fully vested with respect to 375,000 common shares on October 9, 2026, after Viasat’s stock price exceeded certain hurdles. The reported vesting covers an additional 225,000 shares above the target performance level. The option is currently exercisable at $15.96 per share and expires October 9, 2029.

Insider DANKBERG MARK D
Role Chairman and CEO
Type Security Shares Price Value
Grant/Award employee stock option (right to buy) F1, F2 225,000 $0.00 $0.00
Holdings After Transaction: employee stock option (right to buy) — 225,000 contracts (Direct)
Footnotes (2)
  1. F1. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 375,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
  2. F2. The stock option is fully vested and currently exercisable.
Additional shares vested 225,000 shares Above the target performance level on October 9, 2026
Shares fully vested 375,000 shares Employee stock option on October 9, 2026
Exercise price $15.96 per share The option is currently exercisable
Expiration date October 9, 2029 Employee stock option
time-based and performance-based vesting conditions financial
"subject to both time-based and performance-based vesting conditions"
fully vested financial
"the stock option fully vested with respect to 375,000 shares"
currently exercisable financial
"The stock option is fully vested and currently exercisable"
exercise price financial
"exercise price of $15.9600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VSAT shares were covered by Mark D. Dankberg’s additional option vesting?

Viasat reported additional vesting of 225,000 shares above the target performance level; the option was fully vested with respect to 375,000 common shares on October 9, 2026.

What vesting conditions applied to Mark D. Dankberg’s VSAT option?

The option was subject to time-based and performance-based vesting conditions. Viasat said it fully vested after its stock price exceeded certain stock price hurdles.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
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*
DANKBERG MARK D

(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
XOfficer (give title below)Other (specify below)
Chairman and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026
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
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
employee stock option (right to buy)$15.9610/09/2026A(1)225,000 (2)10/09/2029common stock225,000$0225,000D
Explanation of Responses:
1. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 375,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
2. The stock option is fully vested and currently exercisable.
/s/ Stacy Nguyen, Attorney-in-Fact10/13/2026
** 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)

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