Viasat (NASDAQ: VSAT) director sells 2,500 shares after option exercise
Rhea-AI Filing Summary
Viasat Inc. director Theresa Wise exercised stock options for 2,500 shares of common stock at $37.43 per share and on the same day sold 2,500 shares at $84.69. The fully vested options were exercised and the transactions were made under a Rule 10b5-1 trading plan adopted on March 9, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
WISE THERESA
Role
Director
Sold
2,500 shs ($212K)
Approx. gross sale proceeds
$212K
Approx. exercise cost
$94K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | common stock option (right to buy) F1, F2 | 2,500 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock F1 | 2,500 | $37.43 | $94K |
| Sale | $.0001 par value common stock F1 | 2,500 | $84.69 | $212K |
Holdings After Transaction:
common stock option (right to buy) — 0 shares (Direct);
$.0001 par value common stock — 11,000 shares (Direct)
Footnotes (2)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on March 9, 2026.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Options exercised: 2,500 shares
Exercise price: $37.43 per share
Shares sold: 2,500 shares
+2 more
5 metrics
Options exercised
2,500 shares
Common stock options exercised by director Theresa Wise on 2026-08-04
Exercise price
$37.43 per share
Conversion price for the common stock option exercised
Shares sold
2,500 shares
Viasat $.0001 par value common stock sold on 2026-08-04
Sale price
$84.69 per share
Per-share price for the reported common stock sale
10b5-1 plan adoption date
March 9, 2026
Rule 10b5-1 trading plan governing the reported transactions
Key Terms
Rule 10b5-1 Plan, common stock option (right to buy), Exercise or conversion of derivative security, par value
4 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on March 9, 2026."
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.
common stock option (right to buy) financial
"security_title: common stock option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
par value financial
"security_title: $.0001 par value common stock"
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 Theresa Wise report for Viasat (VSAT)?
Theresa Wise reported exercising options for 2,500 Viasat shares and selling 2,500 shares the same day. She converted fully vested options at $37.43 per share, then sold the common stock at $84.69 per share in a single reported transaction sequence.
What type of security did Theresa Wise exercise in the Viasat (VSAT) Form 4?
She exercised a common stock option (right to buy) covering 2,500 shares of Viasat common stock. The option was fully vested and currently exercisable and carried an exercise price of $37.43 per share before being fully exercised.