Chase Garrett L. 4

What Happened Chase Garrett, Chief Financial Officer of Viasat, had 62,514 restricted stock units (RSUs convert to common shares) vest and convert into 62,514 shares on February 17, 2026. To satisfy tax withholding, the issuer withheld 28,046 of those shares at an implied price of $46.22 per share, resulting in $1,296,286 withheld. The net result was receipt of approximately 34,468 shares by the reporting person.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely).
• Vesting/conversion (code M): 62,514 RSUs converted to 62,514 shares @ $0.00 exercise price.
• Tax withholding (code F): 28,046 shares withheld @ $46.22 = $1,296,286 (shares were not sold on market; withheld by issuer).
• A second M entry reflects the conversion/forfeiture accounting for the RSUs (reporting form mechanics).
• Shares owned after the transaction: Not specified in the filing.
• Relevant footnotes: F1 — shares withheld to cover tax withholding (not an open-market sale); F2 — original RSU grant was 187,542 units (granted 09/16/2024) vesting 1/3 on Feb 17 of 2025, 2026 and 2027; F3 — units subject to forfeiture until vested.

Context This was a routine vesting of RSUs rather than an open-market purchase or active sale by the insider. The tax-withholding disposition is common in equity compensation and does not necessarily signal a view on the company’s stock. The filing shows conversion of vested RSUs and withholding to cover taxes (a cashless-like outcome), leaving Garrett with a net increase of roughly 34,468 Viasat shares.