Viasat (VSAT) director trust sells 653 shares, exercises 1,250 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. director John P. Stenbit’s trust reported an option exercise and a small share sale. On June 3, 2026, the trust sold 653 shares of common stock at $71.74 per share, leaving 29,597 shares held indirectly. On the same date, 1,250 shares were acquired through exercising employee stock options at a $37.43 exercise price. The options were fully vested, and the equity trades were made under a Rule 10b5-1 trading plan adopted on February 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 653 shares ($46,846)
Net Sell
3 txns
Insider
STENBIT JOHN P
Role
null
Sold
653 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | employee stock option (right to buy) | 1,250 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 1,250 | $37.43 | $47K |
| Sale | $.0001 par value common stock | 653 | $71.74 | $47K |
Holdings After Transaction:
employee stock option (right to buy) — 3,750 shares (Direct, null);
$.0001 par value common stock — 30,250 shares (Indirect, By Trust)
Footnotes (1)
- Transaction pursuant to Rule 10b5-1 Plan adopted on February 10, 2026. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 653 shares
Sale price: $71.74/share
Shares acquired via option exercise: 1,250 shares
+3 more
6 metrics
Shares sold
653 shares
Open-market sale at $71.74 on June 3, 2026
Sale price
$71.74/share
Price for 653 common shares sold
Shares acquired via option exercise
1,250 shares
Common stock from employee stock option exercise
Option exercise price
$37.43/share
Exercise price for 1,250 employee stock options
Indirect shares after sale
29,597 shares
Trust’s indirect Viasat common stock holdings post-sale
Options remaining
3,750 options
Employee stock options directly held after exercise
Key Terms
Rule 10b5-1 Plan, open-market sale, employee stock option (right to buy), derivative security, +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.
open-market sale financial
"transaction_action: "open-market sale" for 653 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
employee stock option (right to buy) financial
"security_title: "employee stock option (right to buy)""
derivative security financial
"transaction_code_description: "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.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "By Trust""
FAQ
What insider transactions did Viasat (VSAT) report for John P. Stenbit?
Viasat reported that a trust associated with director John P. Stenbit sold 653 common shares and exercised options for 1,250 shares. These transactions occurred on June 3, 2026 and reflect both a small disposition and an equity acquisition.
What stock options did John P. Stenbit exercise in the Viasat (VSAT) filing?
The filing shows an exercise of employee stock options covering 1,250 shares of Viasat common stock at a $37.43 exercise price. These options were fully vested and currently exercisable, and the exercise increased common share holdings associated with Stenbit.
Were the Viasat (VSAT) insider transactions done under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were made under a Rule 10b5-1 trading plan adopted on February 10, 2026. Such plans pre-schedule trades, making the timing more routine and less indicative of short-term outlook.
What happened to John P. Stenbit’s Viasat (VSAT) stock options after the exercise?
After exercising 1,250 employee stock options linked to Viasat common stock, 3,750 options remained directly held. The exercised options had a $37.43 exercise price and were described as fully vested and currently exercisable in the filing footnotes.