Viasat (NASDAQ: VSAT) SVP Palmer sells 2,400 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
Benjamin Edward Palmer, SVP and President, Commercial at Viasat Inc., reported a sale of 2,400 shares of $.0001 par value common stock on August 3, 2026 at $75.46 per share. The transaction was executed under a Rule 10b5-1 plan adopted December 11, 2025, and he now directly holds 21,159 shares.
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Insider Trade Summary 10b5-1
Net Seller: 2,400 shares
Net Sell
1 txn
Insider
Palmer Benjamin Edward
Role
SVP, Pres Commercial
Sold
2,400 shs ($181K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock F1 | 2,400 | $75.46 | $181K |
Holdings After Transaction:
$.0001 par value common stock — 21,159 shares (Direct)
Footnotes (1)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025.
Key Figures
Shares sold: 2,400 shares
Sale price per share: $75.46 per share
Shares owned after transaction: 21,159 shares
3 metrics
Shares sold
2,400 shares
Non-derivative sale of common stock on August 3, 2026
Sale price per share
$75.46 per share
Price received for each share in the 2,400-share sale
Shares owned after transaction
21,159 shares
Directly held Viasat common stock following the reported sale
Key Terms
Rule 10b5-1 Plan, open market or private transaction, par value
3 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market or private transaction financial
"Transaction code S: Sale in open market or private transaction."
par value financial
"$.0001 par value common stock listed as the security title."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Benjamin Edward Palmer report for Viasat (VSAT)?
Benjamin Edward Palmer reported a sale of 2,400 shares of Viasat common stock. The transaction involved $.0001 par value common shares and was executed pursuant to a Rule 10b5-1 plan, reflecting a planned disposition rather than a discretionary trade.
When did the reported Viasat (VSAT) insider sale by Palmer occur?
The reported sale occurred on August 3, 2026. On that date, Benjamin Edward Palmer disposed of 2,400 shares of Viasat common stock in a transaction classified as a non-derivative sale in the insider ownership report.