Viasat (NASDAQ: VSAT) SVP Miller exercises options, sells 35K+ shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat Inc. SVP Craig Andrew Miller reported mixed insider activity involving stock options and common shares. On March 2, 2026, he exercised 23,787 employee stock options at a price of $0.0000 per option, receiving the same number of $.0001 par value common shares at $15.9600 per share.
On the same date, he sold 34,205 common shares at a weighted-average price of $45.0009 and a further 1,180 shares at a weighted-average price of $45.8146, all in open-market transactions made pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025. Following these transactions, he directly owned 26,512 common shares, with additional indirect holdings of 4,209 shares through a 401(k) plan and 1,592 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,385 shares ($1,593,317)
Net Sell
6 txns
Insider
Miller Craig Andrew
Role
SVP, Pres Viasat Government
Sold
35,385 shs ($1.59M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | employee stock option (right to buy) | 23,787 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 23,787 | $15.96 | $380K |
| Sale | $.0001 par value common stock | 34,205 | $45.0009 | $1.54M |
| Sale | $.0001 par value common stock | 1,180 | $45.8146 | $54K |
| holding | $.0001 par value common stock | -- | -- | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
employee stock option (right to buy) — 26,213 shares (Direct);
$.0001 par value common stock — 61,897 shares (Direct);
$.0001 par value common stock — 4,209 shares (Indirect, By 401(k))
Footnotes (1)
- Transaction pursuant to Rule 10b5-1 Plan adopted on November 25, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.3000 to $45.2900. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.3500 to $46.3400. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The option becomes exercisable with respect to the remaining shares on October 9, 2026, subject to the achievement of certain stock price thresholds described in the option award.
FAQ
What insider transactions did Viasat (VSAT) executive Craig Andrew Miller report?
Craig Andrew Miller reported exercising 23,787 employee stock options and selling 35,385 common shares. The sales were executed in open-market transactions, with weighted-average prices around $45 per share, all tied to a previously adopted Rule 10b5-1 trading plan.
How many Viasat (VSAT) stock options did Craig Andrew Miller exercise?
He exercised 23,787 employee stock options on March 2, 2026. Those options converted into the same number of $.0001 par value common shares at an exercise price of $15.9600 per share, as part of his Viasat equity compensation.
Was the Viasat (VSAT) insider stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025. Such plans allow executives to pre-schedule trades, helping separate personal trading decisions from nonpublic information.
What is Craig Andrew Miller’s role at Viasat (VSAT)?
Craig Andrew Miller is identified as an officer of Viasat, serving as SVP, President Viasat Government. His Form 4 filing reflects equity transactions and holdings associated with his position and compensation at the company.