Viasat (VSAT) CFO Garrett Chase sells 4,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. Senior Vice President and Chief Financial Officer Garrett L. Chase reported open-market sales of a total of 4,000 shares of $.0001 par value common stock on June 3, 2026. The sales were executed in three tranches at weighted average prices of $71.8525, $72.6537, and $73.5363, each representing multiple trades within stated price ranges. The filing notes the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026. Following these transactions, Chase also has an indirect holding of 657 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($290,006)
Net Sell
4 txns
Insider
Chase Garrett L.
Role
SVP, Chief Financial Officer
Sold
4,000 shs ($290K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock | 1,201 | $71.8525 | $86K |
| Sale | $.0001 par value common stock | 2,399 | $72.6537 | $174K |
| Sale | $.0001 par value common stock | 400 | $73.5363 | $29K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
$.0001 par value common stock — 41,038 shares (Direct, null);
$.0001 par value common stock — 657 shares (Indirect, By 401(k))
Footnotes (1)
- Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.25 to $72.235. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.38 to $73.17. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.41 to $73.595. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 4,000 shares
Tranche 1 sale: 1,201 shares at $71.8525
Tranche 2 sale: 2,399 shares at $72.6537
+2 more
5 metrics
Shares sold
4,000 shares
Total common shares sold on June 3, 2026
Tranche 1 sale
1,201 shares at $71.8525
Open-market sale, weighted average price
Tranche 2 sale
2,399 shares at $72.6537
Open-market sale, weighted average price
Tranche 3 sale
400 shares at $73.5363
Open-market sale, weighted average price
Indirect 401(k) holding
657 shares
Common stock held indirectly via 401(k) as of June 3, 2026
Key Terms
Rule 10b5-1 Plan, weighted average price, open-market sale, indirect holding
4 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
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.
indirect holding financial
"direct_or_indirect": "I", "nature_of_ownership": "By 401(k)""
FAQ
What insider transaction did Viasat (VSAT) disclose for CFO Garrett L. Chase?
Viasat disclosed that CFO Garrett L. Chase sold 4,000 shares of common stock in open-market transactions on June 3, 2026. These sales were reported in a Form 4 filing and executed under a pre-arranged Rule 10b5-1 trading plan.
Was the Viasat (VSAT) CFO’s stock sale made under a Rule 10b5-1 plan?
Yes. A Form 4 footnote states the transactions were made pursuant to a Rule 10b5-1 Plan adopted on February 25, 2026. Such plans pre-schedule trades, helping separate routine diversification from discretionary timing decisions by insiders.
What do the weighted average prices mean in the Viasat (VSAT) Form 4 filing?
Weighted average prices indicate each reported price combines multiple individual trades executed within a disclosed range. The filing notes that detailed trade-by-trade pricing information will be provided to the company, shareholders, or SEC staff upon request.