Viasat director gets 3,485 RSUs, gifts 6,388 shares
Director Sean Pak received new RSUs in VSAT and transferred vested shares as a gift to a revocable trust holding 25,588 shares indirectly.
Rhea-AI Filing Summary
VIASAT INC (VSAT) reports that director Sean Pak received a grant of 3,485 restricted stock units on September 3, 2026, each representing one share of common stock. On the same date, 6,388 restricted stock units vested and converted into common shares, which were then transferred as a gift to a revocable trust that now holds 25,588 shares indirectly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,388 shares exercised/converted
Exercise
5 txns
Insider
Pak Sean
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 — 0 shares (Direct);
$.0001 par value common stock — 25,588 shares (Indirect, By Trust)
Footnotes (4)
- F1. The restricted stock unit was granted to Sean Pak a Director of Viasat, Inc. Upon vesting the shares were contributed to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015.
- 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
Shares transferred as bona fide gifts: 6,388 shares
+3 more
6 metrics
Restricted stock units granted
3,485 units
Grant to director Sean Pak on September 3, 2026
Restricted stock units vested and converted
6,388 units
Vested and converted into common stock on September 3, 2026
Shares transferred as bona fide gifts
6,388 shares
Common shares gifted on September 3, 2026
Total shares involved in gift transactions
12,776 shares
Two related gift entries of common stock on September 3, 2026
Shares held indirectly by trust after transactions
25,588 shares
Indirect ownership through revocable trust following gift on September 3, 2026
Par value of common stock
$0.0001 per share
Stated par value of Viasat, Inc. common stock
Key Terms
restricted stock unit, bona fide gift, Non-Employee Director, subject to forfeiture
4 terms
restricted stock unit financial
"The restricted stock unit was granted to Sean Pak 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
"Bona fide gift"
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"
subject to forfeiture financial
"Until vested, the restricted stock unit shall be subject to forfeiture"
FAQ
What insider equity grant did VSAT director Sean Pak receive?
Director Sean Pak received a grant of 3,485 restricted stock units on September 3, 2026. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock, subject to the vesting conditions described for non-employee directors.
How many VSAT restricted stock units vested and converted for Sean Pak?
On September 3, 2026, 6,388 restricted stock units held by Sean Pak vested and converted into an equal number of shares of Viasat, Inc. common stock. Until vesting, those units were subject to forfeiture upon termination of his directorship.
What gift of VSAT common stock did Sean Pak make to a trust?
After conversion of vested units, 6,388 shares of Viasat, Inc. common stock were transferred as a bona fide gift to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015, changing the ownership from direct to indirect through the trust.
Under what conditions do Sean Pak’s VSAT restricted stock units vest?
The restricted stock units vest and convert into Viasat, Inc. common shares on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting, subject to the non-employee director continuing to serve on the board; unvested units are subject to forfeiture.
Were Sean Pak’s VSAT transactions made under a Rule 10b5-1 plan?
No. The report indicates that these transactions were not made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
