Paull Michael 4

What Happened

• Michael Paull, a director of Viasat, had 1,000 restricted stock units convert into 1,000 shares of common stock on 2026-05-10. The filing records an acquisition of 1,000 shares at $0.00 (conversion of a derivative/RSU); a separate line shows the derivative instrument was disposed (also $0.00) as it converted into shares. No cash changed hands — this was vesting/conversion of an award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-10; Form 4 filed: 2026-05-12 (timely filing).
• Reported price: $0.00 (reflects RSU vesting/conversion, not a cash purchase).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1 — original grant on 05/10/2025 was for 3,000 RSUs vesting 1/3 each year; F2 — RSUs are subject to forfeiture until vested.
• Transaction code: M (exercise or conversion of a derivative). The separate "disposed" line refers to the derivative ceasing to exist on conversion, not a sale of shares.

Context

• This activity reflects routine vesting of equity awards to a director. It does not indicate an open-market buy or sell. Purchases are generally more informative about insider sentiment; vested awards are compensation-related and common for directors.