Viasat director exercises options, sells 616 shares
VIASAT INC director John P. Stenbit reported an option exercise and share sale in the company’s common stock.
Rhea-AI Filing Summary
VIASAT INC director John P. Stenbit reported an option exercise and share sale in the company’s common stock. He exercised stock options covering 1,250 shares at an exercise price of $37.43 per share, acquiring the same number of common shares, and sold 616 shares at $75.46 per share on August 3, 2026. These transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on February 10, 2026. An indirect holding of 30,319 common shares is reported as held by a trust following the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
STENBIT JOHN P
Role
Director
Sold
616 shs ($46K)
Approx. gross sale proceeds
$46K
Approx. exercise cost
$47K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | common stock option (right to buy) F1, F2 | 1,250 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock F1 | 1,250 | $37.43 | $47K |
| Sale | $.0001 par value common stock F1 | 616 | $75.46 | $46K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
common stock option (right to buy) — 1,250 contracts (Direct);
$.0001 par value common stock — 634 shares (Direct);
$.0001 par value common stock — 30,319 shares (Indirect, By Trust)
Footnotes (2)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on February 10, 2026.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Options exercised: 1,250 shares
Option exercise price: $37.43 per share
Shares sold: 616 shares
+3 more
6 metrics
Options exercised
1,250 shares
Common stock options exercised or converted on August 3, 2026
Option exercise price
$37.43 per share
Exercise price for 1,250-share stock option position
Shares sold
616 shares
Common shares sold on August 3, 2026
Sale price
$75.46 per share
Per-share price for 616 VSAT shares sold
Indirect holdings by trust
30,319 shares
Common shares indirectly owned by trust after reported transactions
Option expiration date
September 3, 2026
Expiration date of the exercised 1,250-share stock option
Key Terms
Rule 10b5-1 Plan, derivative security, exercise price, indirect, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on February 10, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion or exercise price: 37.4300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
indirect financial
"ownership_type: indirect, nature_of_ownership: By Trust"
stock option financial
"The stock option is fully vested and currently exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VSAT director John P. Stenbit report on August 3, 2026?
John P. Stenbit exercised options for 1,250 VSAT shares at $37.43 and sold 616 shares at $75.46 on August 3, 2026. The filing also reports 30,319 shares held indirectly by a trust after these transactions.
Were John P. Stenbit’s August 2026 VSAT trades made under a Rule 10b5-1 plan?
Yes. The reported VSAT transactions were executed pursuant to a Rule 10b5-1 Plan adopted on February 10, 2026. Such pre-arranged plans allow insiders to schedule trades in advance, helping separate trading decisions from later material nonpublic information.
What options did John P. Stenbit exercise for VSAT stock on August 3, 2026?
He exercised a stock option covering 1,250 VSAT common shares at an exercise price of $37.43 per share. The option was fully vested and currently exercisable and had an expiration date of September 3, 2026.
What is the relationship between the VSAT option exercise and the common stock acquisition?
The option exercise converted rights into 1,250 shares of VSAT common stock at $37.43 per share. A corresponding entry shows acquisition of 1,250 common shares through this derivative exercise or conversion on August 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
