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Viasat CTO Girish Chandran's 45,000 options vest

The option's reported terms include a $15.96 exercise price and an October 9, 2029 expiration date.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Girish Chandran reported acquisition or exercise transactions in this Form 4 filing. Viasat Inc. officer Girish Chandran, CTO, SVP Engineering, reported vesting of an employee stock option covering 45,000 common shares on October 9, 2026. The reported post-transaction option position is 45,000 shares. The option is fully vested and currently exercisable at $15.96 per share, and expires October 9, 2029. A footnote says the option became fully vested with respect to 75,000 shares after Viasat's stock price exceeded certain stock-price hurdles; this report covers additional vesting above the target performance level.

Insider Chandran Girish
Role CTO, SVP Engineering
Type Security Shares Price Value
Grant/Award employee stock option (right to buy) F1, F2 45,000 $0.00 $0.00
Holdings After Transaction: employee stock option (right to buy) — 45,000 contracts (Direct)
Footnotes (2)
  1. F1. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 75,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
  2. F2. The stock option is fully vested and currently exercisable.
Option shares reported as vested 45,000 shares Additional vesting above the target performance level on October 9, 2026
Exercise price $15.96 per share Employee stock option
Post-transaction option position 45,000 shares Reported following the October 9, 2026 transaction
Shares with respect to which the option was fully vested 75,000 shares As stated in the footnote describing vesting above the target performance level
employee stock option financial
"grant of an employee stock option"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
performance-based vesting conditions financial
"time-based and performance-based vesting conditions"
target performance level financial
"above the target performance level"
currently exercisable financial
"fully vested and currently exercisable"

FAQ

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How many VSAT option shares did Girish Chandran report vesting?

Girish Chandran reported vesting of additional options covering 45,000 common shares on October 9, 2026. A footnote states that the option was fully vested with respect to 75,000 shares after Viasat's stock price exceeded certain stock-price hurdles.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chandran Girish

(Last)(First)(Middle)
6155 EL CAMINO REAL

(Street)
CARLSBAD CALIFORNIA 92009

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CTO, SVP Engineering
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
employee stock option (right to buy)$15.9610/09/2026A(1)45,000 (2)10/09/2029common stock45,000$045,000D
Explanation of Responses:
1. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 75,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
2. The stock option is fully vested and currently exercisable.
/s/ Stacy Nguyen, Attorney-in-Fact10/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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