Viasat CFO sells 4,000 shares under 10b5-1 plan
Viasat Inc. chief financial officer Garrett L. Chase reported selling 4,000 shares of $.0001 par value common stock in open-market transactions.
Rhea-AI Filing Summary
Viasat Inc. chief financial officer Garrett L. Chase reported selling 4,000 shares of $.0001 par value common stock in open-market transactions. The three sales occurred on June 22, 2026, in 1,000-, 1,000- and 2,000-share blocks at weighted average prices around the low- to mid-$60s per share. Footnotes state these were executed under a Rule 10b5-1 trading plan adopted on February 25, 2026 and that each reported price is a weighted average for multiple trades, with individual sale prices ranging from $61.22 to $63.67 per share. After these sales, Chase holds 34,239 shares directly and 657 shares indirectly through a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
4 txns
Insider
Chase Garrett L.
Role
SVP, Chief Financial Officer
Sold
4,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $.0001 par value common stock | 2,000 | $61.8027 | $124K |
| Sale | $.0001 par value common stock | 1,000 | $62.4195 | $62K |
| Sale | $.0001 par value common stock | 1,000 | $63.6215 | $64K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
$.0001 par value common stock — 34,239 shares (Direct);
$.0001 par value common stock — 657 shares (Indirect, By 401(k))
Footnotes (4)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.22 to $62.21. 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.23 to $62.885. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.355 to $63.67. 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.
Key Figures
Shares sold: 4,000 shares
First sale block: 1,000 shares at $63.6215
Second sale block: 1,000 shares at $62.4195
+5 more
8 metrics
Shares sold
4,000 shares
Open-market sales of common stock on June 22, 2026
First sale block
1,000 shares at $63.6215
Non-derivative sale of common stock
Second sale block
1,000 shares at $62.4195
Non-derivative sale of common stock
Third sale block
2,000 shares at $61.8027
Non-derivative sale of common stock
Direct holdings after sales
34,239 shares
Common stock held directly after June 22, 2026 transactions
Indirect 401(k) holdings
657 shares
Common stock held indirectly via 401(k)
Trading plan adoption date
February 25, 2026
Rule 10b5-1 plan governing reported sales
Trade price range
$61.22–$63.67 per share
Individual trades within weighted average sale prices
Key Terms
Rule 10b5-1 Plan, weighted average price, open-market sale, indirect ownership
4 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on February 25, 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"total_shares_following_transaction: 657.0000, direct_or_indirect: I, nature_of_ownership: By 401(k)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Viasat (VSAT) CFO Garrett L. Chase report in this Form 4?
Garrett L. Chase reported selling 4,000 shares of Viasat common stock in three open-market transactions. The sales were made on June 22, 2026, and are disclosed as part of his direct holdings, along with a separate indirect 401(k) position.
What does the Form 4 reveal about the CFO’s indirect Viasat (VSAT) holdings?
The filing shows an indirect holding of 657 Viasat common shares attributed to a 401(k) account. This entry is reported as a holding, not a new transaction, and indicates retirement-plan exposure in addition to his directly owned shares.
How are the Viasat (VSAT) CFO’s sale prices reported in the Form 4?
Each sale line shows a weighted average price, with detailed footnotes stating actual trade prices occurred within specific ranges. Across the three reported sales, individual trades were executed between $61.22 and $63.67 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
