Viasat (NASDAQ: VSAT) president vests RSUs, withholds shares for tax
Rhea-AI Filing Summary
VIASAT INC (VSAT) reported equity-compensation activity for officer Michael R. Kreller, President, New Ventures. On August 17, 2026, 6,800 restricted stock units vested and converted into 6,800 shares of common stock, stemming from a 20,000-unit grant originally awarded on August 17, 2025. To cover related tax obligations, 2,225 shares of common stock were withheld by the issuer at $81.41 per share, rather than sold in the market. Kreller also received a new grant of 7,817 restricted stock units, each representing a contingent right to one share of common stock that vests in three substantially equal installments in 2027, 2028, and 2029, subject to forfeiture upon termination. He additionally reports 227 shares of common stock held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit F2, F5 | 6,800 | $0.00 | $0.00 |
| Grant/Award | restricted stock unit F3, F4, F5 | 7,817 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock | 6,800 | $0.00 | $0.00 |
| Tax Withholding | $.0001 par value common stock F1 | 2,225 | $81.41 | $181K |
| holding | $.0001 par value common stock | -- | -- | -- |
Footnotes (5)
- 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 20,000 units on 08/17/2025. The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on August 17, 2026, June 7, 2027 and June 7, 2028.
- F3. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F4. The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029.
- F5. 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
Key Terms
restricted stock unit financial
contingent right financial
tax withholding obligation financial
forfeiture financial
FAQ
What equity transactions did VSAT executive Michael R. Kreller report on August 17, 2026?
What is the size and vesting schedule of Michael R. Kreller’s new RSU grant at VSAT?
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