Ayyar Shekar G 4

What Happened
Ayyar Shekar G, a director of Viasat, was granted 1,231 restricted stock units (RSUs) on May 6, 2026 (transaction code A). The Form 4 reports the acquisition price as $0.00 because these are derivative awards (contingent rights to receive common stock upon vesting), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-12 (filed after the transaction date).
• Transaction type: Grant/Award (code A); classified as a derivative acquisition; reported price $0.00.
• Shares acquired: 1,231 RSUs (each RSU represents a contingent right to one share).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU converts to one share; F2 — RSUs vest and convert on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting, subject to continued board service.
• Timeliness: The Form 4 was filed six days after the transaction date, which is later than the standard two-business-day reporting window for many insiders.

Context
RSU grants to directors are typically compensation for board service. These RSUs are not immediately tradable shares; they convert to common stock only if and when they vest under the conditions above. Because this is an award (not an open-market purchase), it should be viewed as routine director compensation rather than a direct buy or sell signal.