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Viasat (NASDAQ: VSAT) CFO nets 42,239 shares after tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Viasat Inc. SVP and Chief Financial Officer Garrett L. Chase exercised restricted stock units and acquired 62,514 shares of common stock on February 17, 2026. These shares were issued at a price of $0.00 per share upon conversion of restricted stock units on a 1-for-1 basis.

To cover tax withholding obligations on this vesting, 28,046 shares of common stock were withheld by Viasat at $46.22 per share, as noted in the footnotes. After these transactions, Chase directly owned 42,239 shares of common stock and indirectly held 657 shares through a 401(k) plan.

The vested shares came from an original restricted stock unit grant of 187,542 units made on September 16, 2024, which vests in three equal installments on February 17 of 2025, 2026, and 2027, subject to forfeiture if employment with Viasat ends before vesting.

Positive

  • None.

Negative

  • None.
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*
Chase Garrett L.

(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, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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
$.0001 par value common stock 02/17/2026 M 62,514 A $0 70,285 D
$.0001 par value common stock 02/17/2026 F(1) 28,046 D $46.22 42,239 D
$.0001 par value common stock 657 I By 401(k)
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 $0 02/17/2026 M 62,514 (2) (3) common stock 62,514 $0 62,514 D
Explanation of Responses:
1. 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.
2. The original restricted stock unit grant was for 187,542 restricted stock units on 09/16/2024. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on each of February 17, 2025, 2026 and 2027.
3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
/s/ Stacy Nguyen, Attorney-in-Fact 02/19/2026
** 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 Viasat (VSAT) CFO Garrett L. Chase report in this Form 4?

Garrett L. Chase reported exercising restricted stock units into 62,514 Viasat common shares. The units converted on a 1-for-1 basis, reflecting scheduled vesting from a prior equity grant. This increased his direct and indirect ownership positions in Viasat stock on February 17, 2026.

How many Viasat (VSAT) shares did the CFO receive and retain after taxes?

The CFO received 62,514 Viasat common shares from RSU vesting, all at $0.00 per share. Of these, 28,046 shares were withheld by Viasat to satisfy tax obligations, leaving 42,239 shares directly owned plus 657 shares held indirectly through a 401(k) plan.

Was the Viasat (VSAT) CFO’s share disposition an open-market sale?

The reported disposition was not an open-market sale; it was tax withholding. Viasat withheld 28,046 shares at $46.22 per share to cover tax liabilities tied to RSU vesting, offsetting them against vested shares rather than selling them into the market.

What are the terms of the Viasat (VSAT) CFO’s restricted stock unit grant?

The original grant was 187,542 restricted stock units awarded on September 16, 2024. The units vest in three equal installments on February 17 of 2025, 2026, and 2027, converting into common stock 1-for-1 and remaining subject to forfeiture until vested.

How many Viasat (VSAT) shares does the CFO own after this Form 4 event?

After these transactions, Garrett L. Chase directly owned 42,239 shares of Viasat common stock. He also indirectly held 657 additional shares through a 401(k) plan, according to the ownership totals disclosed for the transactions dated February 17, 2026.
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6.23B
126.95M
Communication Equipment
Communications Services, Nec
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United States
CARLSBAD