Viasat director granted 3,485 stock units
Viasat director Jinhy Yoon reported equity compensation vesting and a gift of 1,231 VSAT shares to a revocable trust, with no open-market trading.
Rhea-AI Filing Summary
VIASAT INC (VSAT) reported that director Jinhy Yoon received an award of 3,485 restricted stock units on September 3, 2026, each representing one share of common stock, subject to vesting. On the same date, 1,231 units vested and converted into common shares at no cost and were then given as a bona fide gift to the John T Tze & Jinhy Yoon Ttee, Tippy Revocable Living Trust U/A Dtd 10/17/2011, which now holds those 1,231 shares indirectly. No open-market purchases or sales were reported, and no Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,231 shares exercised/converted
Exercise
5 txns
Insider
YOON JINHY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | restricted stock unit F2, F3 | 3,485 | $0.00 | $0.00 |
| Exercise | restricted stock unit F4 | 1,231 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 1,231 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock F1 | 1,231 | $0.00 | $0.00 |
| Gift | $.0001 par value common stock | 1,231 | $0.00 | $0.00 |
Holdings After Transaction:
restricted stock unit — 3,485 contracts (Direct);
$.0001 par value common stock — 0 shares (Direct);
$.0001 par value common stock — 1,231 shares (Indirect, By Trust)
Footnotes (4)
- F1. These restricted stock units were granted to Jinhy Yoon, a Director of Viasat, Inc. Upon vesting the shares were contributed to the John T Tze & Jinhy Yoon Ttee, Tippy Revocable Living Trust U/A Dtd 10/17/2011.
- F2. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F3. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
- F4. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
Key Figures
Restricted stock units granted: 3,485 units
Units vested and converted: 1,231 units/shares
Gifted common shares: 1,231 shares
+2 more
5 metrics
Restricted stock units granted
3,485 units
Award to director Jinhy Yoon on September 3, 2026
Units vested and converted
1,231 units/shares
Restricted stock units converted into common stock on September 3, 2026
Gifted common shares
1,231 shares
Bona fide gift from direct holdings to revocable trust on September 3, 2026
Conversion price
$0.00 per share
Conversion of restricted stock units into common stock
Indirect holdings by trust
1,231 shares
Shares held by John T Tze & Jinhy Yoon Ttee, Tippy Revocable Living Trust U/A Dtd 10/17/2011 after gift
Key Terms
restricted stock unit, contingent right, bona fide gift, Non-Employee Director
4 terms
restricted stock unit financial
"These restricted stock units were granted to Jinhy Yoon, a Director of Viasat, Inc."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
bona fide gift financial
"reported as a bona fide gift between direct holdings and the 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.
Non-Employee Director financial
"subject to the Non-Employee Director continuing in service on the Board"
FAQ
What equity award did Viasat (VSAT) director Jinhy Yoon receive in this Form 4?
Director Jinhy Yoon received an award of 3,485 restricted stock units on September 3, 2026. Each unit represents a contingent right to receive one share of Viasat, Inc. common stock, subject to the vesting conditions described for non-employee directors.
What are the vesting terms of Jinhy Yoon’s Viasat (VSAT) restricted stock units?
The restricted stock units vest and convert into Viasat common shares on the first anniversary of the grant date or the next annual meeting of stockholders, whichever occurs first, provided the non-employee director continues to serve on the board through that vesting date.
Does this Viasat (VSAT) Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing does not indicate that the reported transactions were made under a Rule 10b5-1 trading plan. The activity reflects an equity award grant, vesting and share issuance, and a gift to a revocable trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
