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VIASAT INC·4

Jun 9, 8:58 PM ET

Blair Robert James 4

4 · VIASAT INC · Filed Jun 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Viasat (VSAT) SVP Blair James Exercises RSUs, Withholds Shares

What Happened

  • Blair Robert James, Senior Vice President and General Counsel of Viasat, converted/settled vested derivative awards on June 7, 2026. The filing shows conversions (code M) totaling 18,264 shares (3,681 + 8,333 + 6,250) at $0.00 per share (indicative of RSU settlement rather than a cash-strike option).
  • To satisfy tax withholding obligations (code F), the issuer withheld 8,178 shares (1,321 + 3,676 + 3,181), for a total withholding value reported of approximately $549,399. That leaves a net issuance to the reporting person of about 10,086 shares (18,264 converted minus 8,178 withheld).
  • The filing also shows a grant/award entry (code A) for 24,574 restricted stock units (RSUs) that remain subject to vesting schedules and forfeiture provisions described in the footnotes.

Key Details

  • Transaction date: June 7, 2026. Filing date: June 9, 2026 (timely within the Form 4 reporting window).
  • Prices reported: conversion/exercise price $0.00; withheld-share tax values at an average of $67.18/share (total withheld value ≈ $549,399).
  • Shares involved: 18,264 converted/issued; 8,178 withheld for taxes; net ~10,086 shares delivered. Grant of 24,574 RSUs added (subject to vesting).
  • Footnotes: F2 confirms the withheld shares were retained by the issuer to satisfy tax withholding (not sold in the market). Other footnotes describe prior ESPP/401(k) purchases and vesting schedules for the RSU grants (vesting timing and forfeiture conditions).
  • Filing timeliness: Reported within two business days — no late-filing indication.

Context

  • M = exercise/conversion of a derivative (here, consistent with RSU vesting/settlement); F = shares withheld to satisfy tax obligations (share-surrender or net-settlement), not an open-market sale. This is effectively a cashless settlement for tax withholding.
  • Such withholding transactions are common when RSUs vest and do not necessarily signal a change in insider sentiment. The new award of 24,574 RSUs remains subject to future vesting and possible forfeiture per the footnotes.

Insider Transaction Report

Form 4
Period: 2026-06-07
VIASAT INCVSAT
Blair Robert James
SVP, General Counsel
Transactions
  • Exercise/Conversion

    $.0001 par value common stock

    [F1]
    2026-06-07+3,681→ 42,889 total
  • Tax Payment

    $.0001 par value common stock

    [F2]
    2026-06-07$67.18/sh−1,321$88,745→ 41,568 total
  • Exercise/Conversion

    $.0001 par value common stock

    2026-06-07+8,333→ 49,901 total
  • Tax Payment

    $.0001 par value common stock

    [F2]
    2026-06-07$67.18/sh−3,676$246,954→ 46,225 total
  • Exercise/Conversion

    $.0001 par value common stock

    2026-06-07+6,250→ 52,475 total
  • Tax Payment

    $.0001 par value common stock

    [F2]
    2026-06-07$67.18/sh−3,181$213,700→ 49,294 total
  • Exercise/Conversion

    restricted stock unit

    [F4][F9]
    2026-06-07−3,681→ 3,681 total
    Exercise: $0.00→ common stock (3,681 underlying)
  • Exercise/Conversion

    restricted stock unit

    [F5][F9]
    2026-06-07−8,333→ 8,333 total
    Exercise: $0.00→ common stock (8,333 underlying)
  • Exercise/Conversion

    restricted stock unit

    [F6][F9]
    2026-06-07−6,250→ 6,250 total
    Exercise: $0.00→ common stock (6,250 underlying)
  • Award

    restricted stock unit

    [F7][F8][F9]
    2026-06-07+24,574→ 24,574 total
    → common stock (24,574 underlying)
Holdings

  • $.0001 par value common stock

    [F3]
    (indirect: By 401(k))
    242
Footnotes (9)
  • [F1]Includes 1100 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2026.
  • [F2]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.
  • [F3]Includes 242 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report.
  • [F4]The original restricted stock unit grant was for 14,725 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.
  • [F5]The original restricted stock unit grant was for 25,000 units on 06/07/2024. 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 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
  • [F6]The remaining restricted stock units will vest on June 7, 2027.
  • [F7]Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
  • [F8]The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029.
  • [F9]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

Documents

1 file
  • 4
    ownership.xmlPrimary

    4