Viasat CTO has 15,620 restricted units vest
Viasat’s CTO had RSUs vest into common shares, with a portion withheld to cover taxes and a sizeable RSU balance remaining unvested.
Rhea-AI Filing Summary
VIASAT INC (VSAT) officer Girish Chandran, CTO and SVP Engineering, had 15,620 restricted stock units vest and convert on September 17, 2026 into an equal number of shares of common stock. This was part of a larger RSU grant, with 30,320 restricted stock units remaining outstanding after the vesting.
Of the vested shares, 8,427 shares were withheld by the company at a price of $73.02 per share to satisfy Chandran’s tax withholding obligation, and were not sold in the market. Chandran also holds 5,756 shares indirectly through a 401(k) plan and 176 shares through his spouse’s 401(k). No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,620 shares exercised/converted
Exercise
5 txns
Insider
Chandran Girish
Role
CTO, SVP Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit F2, F3 | 15,620 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 15,620 | $0.00 | $0.00 |
| Tax Withholding | $.0001 par value common stock F1 | 8,427 | $73.02 | $615K |
| holding | $.0001 par value common stock | -- | -- | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 30,320 contracts (Direct);
$.0001 par value common stock — 63,491 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 (3)
- 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. The original restricted stock unit grant was for 45,940 restricted stock units on 08/17/2025. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028.
- F3. 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 vested and converted: 15,620 units
Shares withheld for taxes: 8,427 shares
Tax withholding share value: $73.02 per share
+4 more
7 metrics
RSUs vested and converted
15,620 units
Restricted stock units vesting into common stock on September 17, 2026
Shares withheld for taxes
8,427 shares
Common shares withheld to satisfy tax withholding obligation at vesting
Tax withholding share value
$73.02 per share
Per-share value used for shares withheld to pay tax liability
Remaining restricted stock units
30,320 units
RSUs remaining from original 45,940-unit grant after first vesting
Original RSU grant
45,940 units
Restricted stock unit grant dated August 17, 2025
Indirect 401(k) holdings
5,756 shares
Common shares held indirectly through Girish Chandran’s 401(k) plan
Spouse’s 401(k) holdings
176 shares
Common shares held indirectly through spouse’s 401(k) plan
Key Terms
restricted stock unit, tax withholding obligation, 401(k), forfeiture
4 terms
restricted stock unit financial
"The original restricted stock unit grant was for 45,940 restricted stock units"
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
"withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person"
401(k) financial
"By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
forfeiture financial
"subject to forfeiture in the event of termination of employment"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did VSAT officer Girish Chandran report in this Form 4?
He reported the vesting and conversion of 15,620 restricted stock units into common stock on September 17, 2026, with a portion of the resulting shares withheld to satisfy his tax withholding obligation and the remainder retained as common shares and existing plan holdings.
How many Viasat (VSAT) RSUs vested for Girish Chandran on September 17, 2026?
On September 17, 2026, 15,620 restricted stock units vested and converted into an equal number of shares of Viasat common stock, representing the first 34% vesting tranche of an original grant of 45,940 restricted stock units dated August 17, 2025.
How many restricted stock units does the VSAT officer still hold after this transaction?
After the September 17, 2026 vesting, Girish Chandran has 30,320 restricted stock units remaining from the original 45,940-unit grant. These units will vest in two future tranches on June 7, 2027 and June 7, 2028, subject to continued service and forfeiture conditions.
Was this VSAT Form 4 transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
