Viasat CEO gifts 36,989 shares after RSU vest
Viasat’s CEO had 80,325 RSUs vest into common stock, with shares withheld for taxes and a large portion gifted to a family trust.
Rhea-AI Filing Summary
VIASAT INC (VSAT) reports that Chairman and CEO Mark Dankberg exercised 80,325 restricted stock units on September 17, 2026, receiving an equivalent number of common shares. Of these, 43,336 shares were withheld to satisfy tax withholding obligations at $73.02 per share, and 36,989 shares were given as a bona fide gift and contributed to The Dankberg Family Trust. Following this gift, the trust held 1,119,165 shares of common stock, with that total adjusted by 20 shares to correct an earlier Form 4. The original award was 236,250 restricted stock units, vesting 34% on September 17, 2026, and 33% on each of June 7, 2027 and June 7, 2028, leaving 155,925 units outstanding after this vesting. Dankberg also holds 6,130 shares indirectly in a 401(k) plan, and no Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
80,325 shares exercised/converted
Exercise
6 txns
Insider
DANKBERG MARK D
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit F4, F5 | 80,325 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 80,325 | $0.00 | $0.00 |
| Tax Withholding | $.0001 par value common stock F1 | 43,336 | $73.02 | $3.16M |
| Gift | $.0001 par value common stock F2 | 36,989 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock F3 | 36,989 | $0.00 | $0.00 |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 155,925 contracts (Direct);
$.0001 par value common stock — 0 shares (Direct);
$.0001 par value common stock — 1,119,165 shares (Indirect, By Trust);
$.0001 par value common stock — 6,130 shares (Indirect, By 401(k))
Footnotes (5)
- F1. 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.
- F2. The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
- F3. The total reported here has been adjusted by -20 shares to correct an error in a previously filed Form 4.
- F4. The original restricted stock unit grant was for 236,250 restricted stock units on 08/17/2025. 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.
- F5. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
Key Figures
RSUs vested and converted: 80,325 units
Shares withheld for taxes: 43,336 shares
Gifted shares: 36,989 shares
+5 more
8 metrics
RSUs vested and converted
80,325 units
Restricted stock units vesting into common stock on September 17, 2026
Shares withheld for taxes
43,336 shares
Shares withheld to satisfy tax withholding obligation at $73.02 per share
Gifted shares
36,989 shares
Bona fide gift of common stock contributed to The Dankberg Family Trust
Trust holdings after gift
1,119,165 shares
Common shares held indirectly through The Dankberg Family Trust after adjustment
Original RSU grant size
236,250 units
Restricted stock units granted on August 17, 2025
Unvested RSUs remaining
155,925 units
Restricted stock units remaining outstanding after the September 17, 2026 vesting
401(k) indirect holdings
6,130 shares
Common shares held indirectly through a 401(k) plan
Vesting percentages
34% / 33% / 33%
Vesting schedule in 2026, 2027, and 2028 for the RSU grant
Key Terms
restricted stock unit, tax withholding obligation, bona fide gift, 401(k)
4 terms
restricted stock unit financial
"The original restricted stock unit grant was for 236,250 restricted stock units on 08/17/2025."
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.
tax withholding obligation financial
"shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person."
bona fide gift financial
"The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust."
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.
401(k) financial
"By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Viasat (VSAT) CEO Mark Dankberg report in this Form 4?
He reported vesting and conversion of 80,325 restricted stock units into common stock on September 17, 2026, related tax withholding in shares, and a bona fide gift of 36,989 shares to The Dankberg Family Trust.
What is the size and vesting schedule of Dankberg’s RSU grant at Viasat (VSAT)?
The original grant was 236,250 restricted stock units. The units vest and convert into common shares 34% on September 17, 2026, and 33% on each of June 7, 2027 and June 7, 2028, subject to forfeiture if his service ends before vesting.
How many Viasat (VSAT) restricted stock units remain unvested after this transaction?
After 80,325 restricted stock units vested and converted to common stock, 155,925 restricted stock units remain outstanding for Mark Dankberg under this award, according to the reported balance following the transaction.
What are Mark Dankberg’s indirect Viasat (VSAT) holdings mentioned in this Form 4?
The filing shows 1,119,165 shares of Viasat common stock held indirectly through The Dankberg Family Trust, plus 6,130 shares held indirectly through a 401(k) plan, as of the reported date.
Were these Viasat (VSAT) insider transactions under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 disclosure box is unchecked, so no Rule 10b5-1 trading plan is reported in connection with these transactions by Mark Dankberg.
AI-generated analysis. How Rhea-AI works. Not financial advice.
