YOON JINHY 4

What Happened
Director Yoon Jinhy was granted 1,231 restricted stock units (RSUs) on May 6, 2026. The Form 4 reports these as a derivative award (code A) at $0.00 per unit (grant of contingent rights, not a cash purchase or sale). Each RSU represents a contingent right to receive one share of Viasat common stock upon vesting.

Key Details

• Transaction date and price: 2026-05-06, 1,231 RSUs @ $0.00 (award/grant).
• Total immediately realized value: $0 at grant (value will depend on Viasat share price when/if RSUs convert to shares).
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes/vesting: F1—each RSU equals a contingent right to one share; F2—RSUs vest and convert into shares on the earlier of (i) the first anniversary of grant or (ii) the next annual meeting, subject to continued non-employee director service.
• Filing timeliness: The Form 4 was filed on 2026-05-12 for a 2026-05-06 grant (six days later), which is outside the typical two-business-day reporting window; the filing does not indicate any exception.
• No information provided about tax withholding, 10b5-1 plans, or immediate sale of underlying shares.

Context
This is a routine director compensation award rather than an open-market purchase or sale. RSU grants for non-employee directors are commonly used to compensate board service and only convert to tradable shares if vesting conditions are met; they should not be interpreted as a direct buy/sell signal by themselves.