Viasat CTO vests RSUs, covers taxes with shares
Viasat CTO Girish Chandran reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Viasat CTO Girish Chandran reported routine equity compensation activity. On June 7, 2026 he vested and converted 18,264 restricted stock units into common shares, with 9,854 shares withheld at $67.18 to satisfy tax obligations. He also received new RSU grants totaling 32,765 units and now holds 49,583 common shares directly, plus additional shares through 401(k) accounts.
Insider Trade Summary
18,264 shares exercised/converted
Exercise
11 txns
Insider
Chandran Girish
Role
CTO, SVP Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 3,681 | $0.00 | $0.00 |
| Exercise | restricted stock unit | 8,333 | $0.00 | $0.00 |
| Exercise | restricted stock unit | 6,250 | $0.00 | $0.00 |
| Grant/Award | restricted stock unit | 24,574 | $0.00 | $0.00 |
| Grant/Award | restricted stock unit | 8,191 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 3,681 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $.0001 par value common stock | 1,986 | $67.18 | $133K |
| Exercise | $.0001 par value common stock | 8,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $.0001 par value common stock | 4,496 | $67.18 | $302K |
| Exercise | $.0001 par value common stock | 6,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $.0001 par value common stock | 3,372 | $67.18 | $227K |
| Holding | $.0001 par value common stock | -- | -- | -- |
| Holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 51,028 contracts (Direct);
$.0001 par value common stock — 56,298 shares (Direct);
$.0001 par value common stock — 5,756 shares (Indirect, By 401(k));
$.0001 par value common stock — 176 shares (Indirect, By spouse's 401(k))
Footnotes (9)
- F1. 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.
- F2. Includes 112 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report.
- F3. The original restricted stock unit grant was for 14,725 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date.
- F4. The original restricted stock unit grant was for 25,000 units on 06/07/2024. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
- F5. The remaining restricted stock units will vest on June 7, 2027.
- F6. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F7. The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029.
- F8. The units vest and convert into shares of common stock (on a 1-for-1 basis) on June 7, 2027.
- F9. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
Key Figures
RSUs converted to common stock: 18,264 shares
Shares withheld for taxes: 9,854 shares at $67.18
Direct common shares after transactions: 49,583 shares
+5 more
8 metrics
RSUs converted to common stock
18,264 shares
Restricted stock units vested and converted on June 7, 2026
Shares withheld for taxes
9,854 shares at $67.18
Shares retained by issuer to satisfy tax obligations
Direct common shares after transactions
49,583 shares
Total direct Viasat common stock holding following transactions
Indirect 401(k) holdings
5,756 shares
Common stock held via 401(k) plan
Spouse 401(k) indirect holdings
176 shares
Common stock held via spouse’s 401(k) plan
New RSU grant 1
8,191 units
Restricted stock units granted on June 7, 2026
New RSU grant 2
24,574 units
Restricted stock units granted on June 7, 2026
RSU position after conversions
6,249 / 8,333 / 3,681 units
Remaining RSUs from prior grants after partial vesting/conversion
Key Terms
restricted stock unit, tax withholding obligation, derivative security, 401(k) Plan, +1 more
5 terms
restricted stock unit financial
"The original restricted stock unit grant was for 14,725 units on 06/07/2023."
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.
tax withholding obligation financial
"shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person."
derivative security financial
"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.
401(k) Plan financial
"acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Viasat (VSAT) CTO Girish Chandran report?
Viasat CTO Girish Chandran reported routine equity compensation activity. He converted 18,264 restricted stock units into common shares and had 9,854 shares withheld to cover taxes, while also receiving new RSU grants totaling 32,765 units.
Were any of Girish Chandran’s Viasat (VSAT) Form 4 transactions open-market sales?
None of the reported transactions were open-market sales. Shares labeled with code “F” totaling 9,854 were withheld by Viasat at $67.18 per share solely to satisfy tax obligations on vesting, not sold into the market.
What new restricted stock unit (RSU) awards did Viasat (VSAT) grant to its CTO?
Viasat granted Girish Chandran two new RSU awards: 8,191 units and 24,574 units. These restricted stock units each represent a contingent right to receive one Viasat common share, subject to time-based vesting and continued employment conditions described in the award terms.
What is the role of tax withholding in Girish Chandran’s Viasat (VSAT) Form 4 filing?
Tax withholding is handled by Viasat retaining some vested shares instead of cash, shown under transaction code “F”. In this filing, 9,854 shares of common stock were withheld at $67.18 each to cover Chandran’s tax obligations related to RSU vesting and exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
