BALDRIDGE RICHARD A 4

4 · VIASAT INC · Filed Jun 9, 2026

AI-generated summary of this filing

Updated Jun 9, 2026

Viasat Director Richard Baldridge Exercises RSUs, Gifts Shares

What Happened

Richard A. Baldridge, a director of Viasat, had 10,307 restricted stock units (RSUs convert/derivative) vest on 2026-06-07. Those RSUs converted into 10,307 shares at $0 per share. From the vested shares, 120 shares were withheld by the company to cover tax withholding (120 x $67.18 = $8,062) and 10,187 shares were transferred as a gift to The Baldridge Family Trust.

Key Details

Transaction date: 2026-06-07; Form filed: 2026-06-09 (timely).
RSU conversion/exercise reported as derivative activity (code M): 10,307 shares acquired at $0.00.
Tax withholding (code F): 120 shares withheld at $67.18/share, value reported $8,062; these shares were not sold on the open market (they were withheld to satisfy tax obligations).
Gift (code G): 10,187 shares transferred to The Baldridge Family Trust; filing reports $0 consideration for the gift.
Related footnotes: the RSUs were part of a 41,230-unit grant from 06/07/2023 that vests in four annual installments; vested shares were contributed to the family trust and RSUs were subject to forfeiture until vested.
Shares owned after the transactions are not specified on this filing.

Context

These were RSU vesting and conversion transactions rather than open-market buys or sales — no shares were sold for cash here. The withholding of shares to cover taxes is routine and does not indicate a market sale. Gifts of shares typically reflect estate or trust planning and should not be read as a direct signal of insider sentiment.

Form 4

Period: 2026-06-07

Director

Transactions

Exercise/Conversion
$.0001 par value common stock
2026-06-07+10,307→ 65,307 total
Tax Payment
$.0001 par value common stock
[F1]
2026-06-07$67.18/sh−120$8,062→ 65,187 total
Gift
$.0001 par value common stock
[F2]
2026-06-07−10,187→ 55,000 total
Gift
$.0001 par value common stock
2025-06-07+10,187→ 223,542 total(indirect: By Trust)
Exercise/Conversion
restricted stock unit
[F3][F4]
2026-06-07−10,307→ 10,307 total
Exercise: $0.00→ common stock (10,307 underlying)

Footnotes (4)

[F1]This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
[F2]These restricted stock units were granted to Richard A. Baldridge, who at the time of the grant was an officer of Viasat, Inc. Upon vesting the shares were contributed to The Baldridge Family Trust.
[F3]The original restricted stock unit grant was for 41,230 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date.
[F4]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.

Signature

/s/ Stacy Nguyen, Attorney-in-Fact|2026-06-09

1 file