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[Form 4] VIASAT INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Viasat Inc. officer reports equity award activity in Form 4. The President of Global Space Networks exercised 3,540 restricted stock units into common stock on 11/17/2025, with 1,907 shares withheld by Viasat to cover taxes. Following these transactions, the officer directly holds 47,888 common shares, plus 5,644 shares through a 401(k) and 176 shares through a spouse's 401(k).

The filing also shows 2,884 performance-based stock options with a $53.43 exercise price becoming vested after the Compensation and Human Resources Committee certified Viasat’s relative total shareholder return performance for the four-year period beginning 11/17/2021. These options, expiring on 11/17/2027, are now fully vested and exercisable.

Positive
  • None.
Negative
  • None.
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
Estimated average burden
hours per response: 0.5
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*
Chandran Girish

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., Global Space Networks
3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025
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
$.0001 par value common stock 11/17/2025 M 3,540 A $0 49,795 D
$.0001 par value common stock 11/17/2025 F(1) 1,907 D $33.36 47,888 D
$.0001 par value common stock 5,644 I By 401(k)
$.0001 par value common stock 176 I By spouse's 401(k)
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 $0 11/17/2025 M 3,540 (2) (3) common stock 3,540 $0 0 D
common stock option (right to buy) $53.43 11/18/2025 A(4) 2,884 (5) 11/17/2027 common stock 2,884 $0 2,884 D
Explanation of Responses:
1. 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.
2. The original restricted stock unit grant was for 14,160 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
3. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
4. On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award.
5. The stock option is fully vested and currently exercisable.
Stacy Nguyen, Attorney-in-Fact 11/19/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Viasat (VSAT) insider report in this Form 4?

The President of Global Space Networks reported vesting of 3,540 restricted stock units into Viasat common stock and related tax share withholding, as well as vesting of 2,884 performance-based stock options.

How many Viasat (VSAT) shares does the reporting person own after the transactions?

After the reported transactions, the insider directly owns 47,888 shares of Viasat common stock, plus 5,644 shares through a 401(k) and 176 shares through a spouse's 401(k).

What happened to the restricted stock units in this Viasat Form 4?

The entry reflects 3,540 restricted stock units converting into common stock from an original 14,160-unit grant dated 11/17/2021, vesting over four years from 12/17/2022 to 11/17/2025, subject to forfeiture before vesting.

Were any Viasat shares sold by the insider in this filing?

The filing notes that 1,907 shares were withheld by Viasat to satisfy tax obligations; these shares were not sold by the reporting person but offset from the vested shares received.

What are the terms of the performance-based stock options in the Viasat (VSAT) Form 4?

The reporting person holds 2,884 performance-based stock options with a $53.43 exercise price, which vested after Viasat’s relative total shareholder return over a four-year period was certified and are fully vested and exercisable until 11/17/2027.

What performance condition triggered the option vesting for the Viasat insider?

The options vested based on Viasat’s total shareholder return relative to peer companies over a four-year performance period, once the Compensation and Human Resources Committee certified that performance on 11/18/2025.
Viasat Inc

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4.77B
126.34M
5.86%
97.37%
12.1%
Communication Equipment
Communications Services, Nec
Link
United States
CARLSBAD