VIASAT INC·4

May 12, 8:22 PM ET

LaPlante William Albert 4

Research Summary

AI-generated summary

Updated

Viasat (VSAT) Director William LaPlante Converts 1,000 RSUs to Shares

What Happened

  • William Albert LaPlante, a director of Viasat Inc. (VSAT), had 1,000 restricted stock units convert into 1,000 shares of common stock on 2026-05-10 (reported as an "exercise/conversion of derivative," code M). The filing also shows a matching reported disposition of 1,000 derivative shares; both lines list a price of $0.00 (total value $0). This appears to be a routine vesting/conversion event rather than an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-05-10; Filing date: 2026-05-12 (filed within the normal 2‑business‑day reporting window).
  • Reported amounts/prices: Acquired 1,000 shares @ $0.00; Disposed 1,000 shares (derivative) @ $0.00.
  • Shares owned after transaction: Not specified in the excerpt provided.
  • Footnotes: F1 — original grant on 05/10/2025 for 3,000 RSUs vesting one‑third each year (1/3 each anniversary). F2 — unvested RSUs are forfeitable if directorship terminates.
  • No indication of a 10b5‑1 plan, tax‑withholding sale, or late filing in the supplied data.

Context

  • The $0.00 price and the footnotes indicate this was a conversion/vesting of RSUs (derivative conversion), not a cash purchase. The reported disposition line may reflect an internal transfer or conversion reporting detail; the filing does not show a market sale for cash. Vesting events are common and generally routine; they do not by themselves indicate an active bullish or bearish signal by the insider.