VSAT Form 4: Dankberg Receives 236,250 Restricted Stock Units with Multi-Year Vesting

Rhea-AI Filing Summary

Mark D. Dankberg, Chairman and CEO and director of Viasat, Inc. (VSAT), was granted 236,250 restricted stock units on 08/17/2025. Each unit represents the contingent right to one share of common stock and was reported as acquired at a price of $0. The units convert 1-for-1 into common stock and are subject to forfeiture until vested.

The disclosed vesting schedule (subject to the reporting person's election to defer receipt) is: 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028. Following the reported transaction, Dankberg beneficially owns 236,250 shares through these units, held directly.

Positive

• 236,250 restricted stock units were granted, each representing a contingent right to one share of common stock
• Clear vesting schedule disclosed: 34% on 09/17/2026, 33% on 06/07/2027, 33% on 06/07/2028
• Units convert 1-for-1 into common stock and are reported as directly beneficially owned following the transaction

Negative

• Units are subject to forfeiture until vested in the event of termination of employment or service
• No performance-based conditions are disclosed; the grant appears purely time‑based
• Form 4 contains no dollar valuation of the award or link to company performance metrics

Insights

Corporate Governance Expert

TL;DR: Routine executive equity award disclosed; standard multi-year vesting with forfeiture provisions.

The Form 4 documents a time‑based restricted stock unit grant of 236,250 units to the company’s Chairman and CEO, reported as directly beneficially owned and priced at $0, indicating a compensatory award rather than an open‑market purchase. The vesting schedule is explicit and spread over roughly three years with customary forfeiture if employment or service terminates prior to vesting. This is a standard disclosure for executive compensation and does not provide financial performance metrics or additional governance changes.

Executive Compensation Analyst

TL;DR: The award size and staged vesting are disclosed; document contains no performance conditions or payout values beyond share count.

The filing specifies 236,250 restricted stock units converting 1:1 to common shares with detailed vesting dates and percentages; it notes an election to defer receipt is available. The form does not state any performance-based vesting criteria, cash values, or link to company financial targets. Material details present are grant amount, vesting schedule, forfeiture condition, and direct ownership post‑grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DANKBERG MARK D

(Last) (First) (Middle)

6155 EL CAMINO REAL

(Street)

CARLSBAD CA 92009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
restricted stock unit	(1)	08/17/2025		A		236,250		(2)	(3)	common stock	236,250	$0	236,250	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.

2. Subject to the Reporting Person's 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 34% on September 17, 2026; 33% on June 7, 2027; and 33% on June 7, 2028.

3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.

	Stacy Nguyen, Attorney-in-Fact	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did VSAT insider Mark D. Dankberg receive on 08/17/2025?

He was granted 236,250 restricted stock units, each convertible 1-for-1 into common stock, reported as acquired at a price of $0.

What is the vesting schedule for the 236,250 RSUs?

Vesting is 34% on September 17, 2026, 33% on June 7, 2027, and 33% on June 7, 2028, subject to any election to defer receipt.

Does the Form 4 show these RSUs are performance-based?

No. The filing discloses time-based vesting only and does not state any performance conditions.

How many shares does Dankberg beneficially own from this grant after the transaction?

The Form 4 reports 236,250 shares as the amount of securities beneficially owned following the reported transaction.

Are the RSUs at risk of forfeiture?

Yes. The filing states the restricted stock units are subject to forfeiture until vested if employment or service terminates.