[Form 4] VIASAT INC Insider Trading Activity

Rhea-AI Filing Summary

A Form 4 for Viasat Inc. (VSAT) reports equity transactions by a director. On 11/17/2025, the reporting person acquired 21,017 shares of common stock at $0 upon settlement of restricted stock units, then had 4,823 shares withheld by Viasat to cover taxes, leaving 71,194 shares held directly. On the same date, 16,194 shares were transferred out of direct ownership and the same number was recorded as held indirectly through a trust, which now holds 213,355 shares.

In the derivative table, 21,017 restricted stock units converted into common stock, and a performance-based stock option for 17,122 shares with a $53.43 exercise price became fully vested and exercisable after Viasat’s total shareholder return was certified for the four-year performance period.

SEC Form 4

FORM 4

UNITED 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^*

BALDRIDGE RICHARD A

(Last) (First) (Middle)

6155 EL CAMINO REAL

(Street)

CARLSBAD CA 92009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
$.0001 par value common stock	11/17/2025		M		21,017	A	$0	76,017	D
$.0001 par value common stock	11/17/2025		F(1)		4,823	D	$33.36	71,194	D
$.0001 par value common stock	11/17/2025		G(2)		16,194	D	$0	55,000	D
$.0001 par value common stock	11/17/2025		G		16,194	A	$0	213,355	I	By Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
restricted stock unit	$0	11/17/2025		M			21,017	(3)	(4)	common stock	21,017	$0	0	D
common stock option (right to buy)	$53.43	11/18/2025		A(5)		17,122		(6)	11/17/2027	common stock	17,122	$0	17,122	D

Explanation of Responses:

1. This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.

2. These restricted stock units were granted to Richard A. Baldridge, who at the time of the grant was an officer of Viasat, Inc. Upon vesting the shares were contributed to The Baldridge Family Trust.

3. The original restricted stock unit grant was for 87,451 units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025.

4. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.

5. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award.

6. The stock option is fully vested and currently exercisable.

	Stacy Nguyen, Attorney-in-Fact	11/19/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Viasat (VSAT) report for 11/17/2025?

The director acquired 21,017 shares of Viasat common stock at $0 through the vesting of restricted stock units, with part of the shares withheld for taxes and the remainder held directly or via a trust.

How many Viasat (VSAT) shares were withheld for taxes in this Form 4?

Viasat withheld 4,823 shares of common stock to satisfy the reporting person’s tax withholding obligation; these shares were offset rather than sold.

What is the director’s Viasat (VSAT) share ownership after these transactions?

Following the reported transactions, the director held 71,194 shares of Viasat common stock directly and 213,355 shares indirectly through a trust.

What happened to the restricted stock units reported for Viasat (VSAT)?

Originally 87,451 restricted stock units were granted on 11/17/2021, vesting over four years. On 11/17/2025, 21,017 units vested and converted into Viasat common stock.

What performance-based stock options vested for the Viasat (VSAT) director?

A performance-based stock option award for 17,122 shares with a $53.43 exercise price vested after the Compensation and Human Resources Committee certified Viasat’s relative total shareholder return.

Why were Viasat (VSAT) shares moved into The Baldridge Family Trust?

The filing states that certain restricted stock units granted to Richard A. Baldridge vested and, upon vesting, the resulting shares were contributed to The Baldridge Family Trust, creating indirect ownership.