Palmer Benjamin Edward 4
4 · VIASAT INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Viasat (VSAT) SVP Benjamin E. Palmer Sells 2,400 Shares
What Happened
Benjamin E. Palmer, SVP and President, Commercial at Viasat, sold 2,400 shares in an open-market transaction on 2026-05-01 at $66.62 per share, for total proceeds of $159,888. This was a sale (not a purchase), which is commonly routine insider selling.
Key Details
- Transaction date: 2026-05-01; sale price: $66.62 per share; shares sold: 2,400; total proceeds: $159,888.
- Transaction reported on Form 4 filed 2026-05-05 (filed within the standard two-business-day reporting window).
- Trade executed pursuant to a Rule 10b5-1 trading plan adopted December 11, 2025 (prearranged plan noted in filing).
- Shares owned after the transaction: not specified in the available filing.
Context
A Rule 10b5-1 plan typically means the sale was pre-scheduled under a written trading plan adopted when the insider was not in possession of material non-public information; it is commonly used to avoid questions about timing. Sales are generally less informative than purchases about an insider’s view of the company, but they do disclose supply of shares to the market.
Insider Transaction Report
- Sale
$.0001 par value common stock
[F1]2026-05-01$66.62/sh−2,400$159,888→ 20,631 total
Footnotes (1)
- [F1]Transaction pursuant to Rule 10b5-1 Plan adopted on December 11, 2025.