Viasat executive Miller sells 11,893 shares
The exercise and sales were reported under a Rule 10b5-1 plan adopted November 25, 2025.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Viasat Inc. executive Craig Andrew Miller, SVP, Pres Viasat Government, reported vesting of an additional 75,000 option shares on October 9, 2026. The option was fully vested and currently exercisable at $15.96 per share, with an expiration date of October 9, 2029. Miller also exercised options for 11,893 common shares at $15.96 and sold 11,893 shares in three transactions: 5,188 shares at a weighted average price of $71.0443, 5,805 at $71.9270, and 900 at $72.7944. The exercise and sales were pursuant to a Rule 10b5-1 plan. Indirect holdings listed after the transactions included 4,443 shares by 401(k) and 1,592 shares by his spouse.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Miller Craig Andrew
Role
SVP, Pres Viasat Government
Sold
11,893 shs ($852K)
Approx. gross sale proceeds
$852K
Approx. exercise cost
$190K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | employee stock option (right to buy) F5, F6 | 75,000 | $0.00 | $0.00 |
| Exercise | employee stock option (right to buy) F1, F6 | 11,893 | $0.00 | $0.00 |
| Exercise | $.0001 par value common stock F1 | 11,893 | $15.96 | $190K |
| Sale | $.0001 par value common stock F1, F2 | 5,188 | $71.0443 | $369K |
| Sale | $.0001 par value common stock F1, F3 | 5,805 | $71.927 | $418K |
| Sale | $.0001 par value common stock F1, F4 | 900 | $72.7944 | $66K |
| holding | $.0001 par value common stock | -- | -- | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
employee stock option (right to buy) — 164,320 contracts (Direct);
$.0001 par value common stock — 41,570 shares (Direct);
$.0001 par value common stock — 4,443 shares (Indirect, By 401(k));
$.0001 par value common stock — 1,592 shares (Indirect, By spouse)
Footnotes (6)
- F1. Transaction pursuant to Rule 10b5-1 Plan adopted on November 25, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.505 to $71.495. 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 $71.50 to $72.345. 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 $72.55 to $73.175. 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.
- F5. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 125,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
- F6. The stock option is fully vested and currently exercisable.
Key Figures
Additional option shares vested: 75,000 shares
Options exercised: 11,893 options
Exercise price: $15.96 per share
+4 more
7 metrics
Additional option shares vested
75,000 shares
October 9, 2026; above the target performance level
Options exercised
11,893 options
October 9, 2026
Exercise price
$15.96 per share
Options exercised on October 9, 2026
Weighted average sale price
5,188 shares at $71.0443 per share
October 9, 2026
Weighted average sale price
5,805 shares at $71.9270 per share
October 9, 2026
Weighted average sale price
900 shares at $72.7944 per share
October 9, 2026
Option expiration date
October 9, 2029
Employee stock option
Key Terms
Rule 10b5-1 Plan, weighted average price, time-based and performance-based vesting conditions, currently exercisable, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to Rule 10b5-1 Plan adopted on November 25, 2025."
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.
time-based and performance-based vesting conditions technical
"subject to both time-based and performance-based vesting conditions"
currently exercisable financial
"The stock option is fully vested and currently exercisable."
stock price hurdles technical
"stock price exceeding certain stock price hurdles"
"Stock price hurdles" are specific price levels that investors watch closely because reaching them can signal a potential change in the stock's future. Think of them like checkpoints in a video game; once the stock hits these levels, it might trigger new buying or selling activity, affecting whether the price goes up or down.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When was Craig Andrew Miller’s VSAT trading plan adopted?
Miller’s October 9, 2026 option exercise and common-stock sales were reported as pursuant to a Rule 10b5-1 plan adopted on November 25, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
