Blair Robert James 4
Research Summary
AI-generated summary
Viasat (VSAT) SVP Blair Robert James Sells 30,411 Shares
What Happened
Blair Robert James, SVP and General Counsel of Viasat (VSAT), sold a total of 30,411 shares in open-market transactions on March 16, 2026, generating approximately $1,430,664 in proceeds. The filing breaks the sales into two blocks: 19,338 shares reported at a weighted average price of $46.80 (proceeds $904,978) and 11,073 shares reported at a weighted average price of $47.47 (proceeds $525,686). These were sales (not purchases) — typically routine dispositions rather than an indication of a buy signal.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (filed two days after the trades).
- Reported amounts: 19,338 shares @ $46.80 = $904,978; 11,073 shares @ $47.47 = $525,686; total ≈ $1,430,664.
- Price ranges (footnotes): the 19,338-share block occurred across prices from $46.30 to $47.24; the 11,073-share block across $47.31 to $47.73. The reported prices are weighted averages; the filer offers to provide a full per-trade breakdown on request.
- Plan/authorization: Transactions were made pursuant to a Rule 10b5-1 trading plan adopted December 15, 2025.
- Shares owned after transaction: Not specified in the excerpt provided in this summary.
- Timeliness: The Form 4 was filed two days after the trades (consistent with the standard two-business-day deadline).
Context
A 10b5-1 plan is a prearranged trading program that lets insiders sell shares on a set schedule and is commonly used to avoid questions about trading on material nonpublic information. Sales under such plans are often routine and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases typically carry more forward-looking signal than routine sales; this filing documents disposition under a prearranged plan.