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