Viasat director gifts 13,866 shares to trust
VIASAT INC (VSAT) director John P. Stenbit reported two related gift transactions in common stock on September 11, 2026.
Rhea-AI Filing Summary
VIASAT INC (VSAT) director John P. Stenbit reported two related gift transactions in common stock on September 11, 2026. He made a bona fide gift transfer of 6,933 directly held shares, reducing his direct holdings to 0 shares, and a trust associated with him acquired 6,933 shares as an indirect holding, bringing its position to 37,886 shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,866 shares gifted
Gift
2 txns
Insider
STENBIT JOHN P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | $.0001 par value common stock F1 | 6,933 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock | 6,933 | $0.00 | $0.00 |
Holdings After Transaction:
$.0001 par value common stock — 0 shares (Direct);
$.0001 par value common stock — 37,886 shares (Indirect, By Trust)
Footnotes (1)
- F1. These shares were gifted to The Pietje 2012 Gift Trust.
Key Figures
Shares gifted: 6,933 shares
Direct holdings after transaction: 0 shares
Indirect holdings after transaction: 37,886 shares
+2 more
5 metrics
Shares gifted
6,933 shares
Bona fide gift of VIASAT common stock on September 11, 2026
Direct holdings after transaction
0 shares
John P. Stenbit’s directly held VIASAT shares following the gift
Indirect holdings after transaction
37,886 shares
Shares held indirectly by trust associated with John P. Stenbit after the gift
Reported transaction price
$0.00 per share
Price for the bona fide gift transactions of VIASAT common stock
Total shares involved in gifts
13,866 shares
Aggregate shares across both reported bona fide gift transactions
Key Terms
bona fide gift, indirect ownership, Rule 10b5-1, Trust
4 terms
bona fide gift financial
"The transaction code description states this was a 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.
indirect ownership financial
"One transaction reports shares as indirect ownership held by a trust."
Rule 10b5-1 regulatory
"The filing indicates no Rule 10b5-1 trading plan is reported."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Trust financial
"A footnote explains that shares were gifted to The Pietje 2012 Gift Trust."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VIASAT (VSAT) director John P. Stenbit report?
John P. Stenbit reported two bona fide gift transactions on September 11, 2026 involving VIASAT common stock, moving 6,933 shares from his direct ownership to a trust that now holds these shares indirectly.
What are John P. Stenbit’s VIASAT (VSAT) holdings after the reported transactions?
After the transactions, John P. Stenbit holds 0 shares directly and 37,886 shares indirectly through a trust, as reported in the Form 4 filing.
Was John P. Stenbit’s VIASAT (VSAT) gift made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is associated with these gift transactions, as the relevant affirmation box is not checked.
AI-generated analysis. How Rhea-AI works. Not financial advice.