Viasat (VSAT) officer logs RSU grants, vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viasat executive Lisa L. Curran reported routine equity compensation activity. She exercised 2,833 restricted stock units into common shares and had 707 shares withheld by the company at $67.18 per share to cover tax obligations, rather than sold in the market.
Curran received new awards of 8,191 and 16,383 restricted stock units, each representing a contingent right to receive one share of Viasat common stock. After these transactions, she holds 8,569 common shares directly and 902 shares indirectly through the Viasat 401(k) Plan, along with the unvested RSU awards subject to time-based vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insights
Curran’s Form 4 shows routine RSU vesting, new grants, and tax withholding, with no open-market trading.
Lisa L. Curran, an officer of Viasat Inc., reported a standard mix of equity compensation events. She exercised 2,833 restricted stock units into common stock and the issuer withheld 707 shares at $67.18 per share to satisfy tax obligations, rather than selling them in the market.
She also received new grants of 8,191 and 16,383 restricted stock units, each convertible into one share of common stock, subject to multi-year vesting and forfeiture on termination. Following these events, she holds 8,569 common shares directly and 902 shares via the Viasat 401(k) Plan, plus the unvested RSUs, indicating this filing reflects compensation and tax mechanics rather than discretionary buying or selling.
Insider Trade Summary
2,833 shares exercised/converted
Mixed
6 txns
Insider
Curran Lisa L
Role
CO, Enterprise & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 2,833 | $0.00 | -- |
| Grant/Award | restricted stock unit | 16,383 | $0.00 | -- |
| Grant/Award | restricted stock unit | 8,191 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 2,833 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 707 | $67.18 | $47K |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 2,833 shares (Direct, null);
$.0001 par value common stock — 9,276 shares (Direct, null);
$.0001 par value common stock — 902 shares (Indirect, By 401(k))
Footnotes (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. Includes 240 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report. The original restricted stock unit grant was for 8,500 units on 06/07/2024. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. 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. 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
RSUs exercised into stock: 2,833 shares
Shares withheld for taxes: 707 shares at $67.18/share
Direct common stock holdings: 8,569 shares
+3 more
6 metrics
RSUs exercised into stock
2,833 shares
Restricted stock units converted to common stock on June 7, 2026
Shares withheld for taxes
707 shares at $67.18/share
Shares withheld by issuer to satisfy tax obligations on June 7, 2026
Direct common stock holdings
8,569 shares
Direct ownership after reported transactions
401(k) Plan holdings
902 shares
Indirect ownership via Viasat 401(k) Plan after transactions
New RSU grant
16,383 units
Restricted stock units vesting in three installments in 2027, 2028 and 2029
Additional RSU position
8,191 units
Restricted stock units each convertible into one common share
Key Terms
restricted stock unit, Viasat 401(k) Plan, tax withholding obligation, derivative security, +1 more
5 terms
restricted stock unit financial
"The original restricted stock unit grant was for 8,500 units on 06/07/2024."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Viasat 401(k) Plan financial
"Includes 240 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report."
tax withholding obligation financial
"shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock."
FAQ
What insider transactions did Lisa L. Curran report for Viasat (VSAT)?
Lisa L. Curran reported exercising 2,833 restricted stock units into Viasat common shares and a tax-related withholding of 707 shares. She also reported new grants of 8,191 and 16,383 restricted stock units, each convertible into one share of common stock subject to vesting.
What restricted stock unit (RSU) awards did the Viasat (VSAT) officer receive?
Curran received RSU awards covering 8,191 and 16,383 units, each representing a right to one Viasat common share. The units vest over multiple years, with installments scheduled on June 7, 2027, June 7, 2028, and June 7, 2029, and are subject to forfeiture if employment ends.
How do the Viasat (VSAT) restricted stock units reported by Curran vest?
One RSU grant originally covered 8,500 units granted June 7, 2024, vesting one-third on each of the first three anniversaries. A newer 16,383-unit grant vests in three substantially equal installments on June 7, 2027, June 7, 2028, and June 7, 2029, subject to continued service.
What does the tax withholding entry mean in the Viasat (VSAT) Form 4?
The tax withholding entry shows 707 Viasat shares withheld by the issuer to cover Curran’s tax liability on vested shares. The filing explains these shares were not sold by her but offset from the total vested shares she received from the company on that date.