Viasat director granted 3,485 RSUs, receives shares
Viasat director Barbara L. Frenkel received new RSUs and converted prior RSUs into 5,974 common shares in a scheduled equity award transaction.
Rhea-AI Filing Summary
VIASAT INC (VSAT) director Barbara L. Frenkel reported equity award activity on September 3, 2026. She received a grant of 3,485 restricted stock units (RSUs), each representing a contingent right to one share of common stock, and exercised 5,974 RSUs that converted into 5,974 shares of common stock held directly.
The new RSU grant will vest and convert into common shares on the earlier of the first anniversary of grant or the next annual stockholders’ meeting, subject to her continued board service, and remains subject to forfeiture upon termination of her directorship until vested. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,974 shares exercised/converted
Exercise
3 txns
Insider
Frenkel Barbara L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | restricted stock unit F1, F2 | 3,485 | $0.00 | $0.00 |
| Exercise | restricted stock unit F3 | 5,974 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 5,974 | $0.00 | $0.00 |
Holdings After Transaction:
restricted stock unit — 3,485 contracts (Direct);
$.0001 par value common stock — 5,974 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F2. The restricted stock units will vest and convert into shares of common stock of the Issuer on the first to occur of (i) the first anniversary of the date of grant or (ii) the next occurring annual meeting of the Company's stockholders, subject to the Non-Employee Director continuing in service on the Board through such vesting date.
- F3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
Key Figures
RSU grant: 3,485 units
RSUs exercised: 5,974 units
Common shares acquired: 5,974 shares
+3 more
6 metrics
RSU grant
3,485 units
Restricted stock units granted on September 3, 2026
RSUs exercised
5,974 units
Restricted stock units converted into common stock on September 3, 2026
Common shares acquired
5,974 shares
Shares of $.0001 par value common stock received upon RSU conversion
Direct holdings after transaction
5,974 shares
Direct ownership of common stock reported following the RSU conversion
RSU vesting triggers
1 year or next annual meeting
New RSUs vest on the first anniversary of grant or the next annual stockholders’ meeting
Exercise price per RSU
$0.00
RSUs converted into common stock at a stated price of zero per unit
Key Terms
restricted stock unit, contingent right, vest, forfeiture
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of Viasat, Inc. common"
vest financial
"The restricted stock units will vest and convert into shares of common stock"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
forfeiture financial
"the restricted stock unit shall be subject to forfeiture in the event of termination"
FAQ
What equity awards did Viasat (VSAT) director Barbara L. Frenkel report?
Barbara L. Frenkel reported a grant of 3,485 restricted stock units on September 3, 2026, and the exercise of 5,974 RSUs that converted into 5,974 shares of Viasat common stock held directly.
When do Barbara L. Frenkel’s new Viasat (VSAT) RSUs vest?
The 3,485 RSUs vest and convert into Viasat common stock on the first to occur of one year from the grant date or the next annual meeting of stockholders, subject to her continuing in board service through the vesting date.
Are Barbara L. Frenkel’s new Viasat (VSAT) RSUs subject to forfeiture?
Yes. Until they vest, the 3,485 restricted stock units are subject to forfeiture if Barbara L. Frenkel’s directorship with Viasat terminates before the vesting date.
Were Barbara L. Frenkel’s Viasat (VSAT) transactions under a Rule 10b5-1 plan?
The Form 4 indicates no Rule 10b5-1 trading plan; the Rule 10b5-1 checkbox is not marked as applicable for these September 3, 2026 transactions.
What does each Viasat (VSAT) RSU reported by Barbara L. Frenkel represent?
Each restricted stock unit reported by Barbara L. Frenkel represents a contingent right to receive one share of Viasat common stock, which will be delivered when the RSU vests under its stated conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
