[Form 4] Viasat Inc Insider Trading Activity

Rhea-AI Filing Summary

Blair Robert James, listed as SVP, General Counsel, reported receipt of 45,940 restricted stock units of Viasat, Inc. (VSAT) arising from an award dated 08/17/2025. Each unit converts 1-for-1 into common stock and the reported price is $0 (restricted stock units). The units are subject to forfeiture until vested and, unless deferred, convert to shares in three installments: 34% on September 17, 2026, 33% on June 7, 2027, and 33% on June 7, 2028. The report shows 45,940 shares beneficially owned following the transaction, held directly.

Positive

• 45,940 RSUs granted, creating an incentive for retention and alignment with shareholder value
• Staged vesting (34%/33%/33%) spreads dilution over multiple years and encourages continued service

Negative

• Potential dilution of 45,940 shares upon vesting, increasing the outstanding share count if all units convert
• Units are subject to forfeiture until vested, meaning value is contingent on continued employment

Insights

Corporate Governance Expert

TL;DR: Executive received time‑based RSUs that align his compensation with shareholder returns without immediate cash cost.

The grant of 45,940 restricted stock units vests over three periods, creating retention incentives and tying pay to future equity performance. Because the units are subject to forfeiture until vesting and convert on a 1:1 basis to common stock, the award increases potential dilution only upon vesting. This is a routine, time‑based equity award consistent with standard executive compensation practices; it signals retention priority but is not an immediate cash expense to the company.

Compensation Analyst

TL;DR: The award is a standard RSU package with staged vesting, balancing retention and performance alignment.

The vesting schedule (34%/33%/33%) front‑loads a modest portion of value to the first vesting date while keeping meaningful value subject to multi‑year service. The reported $0 price reflects the grant nature of RSUs rather than a purchase. For investors, key implications are incremental share dilution upon vesting and continued alignment of the SVP’s interests with long‑term shareholder value.

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

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^*

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)
08/17/2025

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

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	(1)	08/17/2025		A		45,940		(2)	(3)	common stock	45,940	$0	45,940	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.

2. Subject to the Reporting Person's election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028.

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

	Stacy Nguyen, Attorney-in-Fact	08/19/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did VSAT insider Blair Robert James report on Form 4?

He reported receipt of 45,940 restricted stock units that convert 1:1 into common stock and are held directly following the transaction.

When do the RSUs granted to Blair Robert James vest?

They vest in three installments: 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028.

What is the price reported for the RSU award on the Form 4?

The reported price is $0, which reflects a grant of restricted stock units rather than a purchased security.

How many shares will be outstanding if all RSUs vest and convert?

45,940 additional common shares will be issued upon full vesting and conversion of the units.

Are the RSUs immediately transferable or subject to forfeiture?

They are subject to forfeiture until vested, meaning they are contingent on continued employment or service.