Chandran Girish 4

What Happened Chandran Girish, Viasat’s CTO and SVP of Engineering, had multiple restricted stock units (RSUs) convert/vest into common stock on June 7, 2026. The filing shows conversion/exercise-type derivative entries (code M) and corresponding tax-withholding share dispositions (code F). A total of 9,854 shares were withheld by the issuer to satisfy tax withholding obligations at $67.18 per share, for a total withholding value of $661,991 (broken out as 1,986 shares = $133,419; 4,496 = $302,041; 3,372 = $226,531). The derivative entries are reported at $0 per share, which is consistent with RSU settlements rather than option exercises with a cash exercise price.

Key Details

• Transaction date: June 7, 2026; Form 4 filed June 9, 2026 (not reported late).
• Reported actions: M = exercise/conversion of derivatives (RSU settlement); F = shares withheld to pay tax liability; A = grant/award entries for RSU-related amounts.
• Withheld shares: 9,854 shares withheld at $67.18/share = $661,991 total tax withholding.
• Converted/vested shares reported in M entries: 3,681 + 8,333 + 6,250 = 18,264 shares (plus award/award-type entries of 24,574 and 8,191 RSU units as reported).
• Footnotes: F1 notes the withheld shares were not sold on market but offset from vested shares; other footnotes (F3–F9) describe original grant dates, vesting schedules, and that RSUs convert 1-for-1 into common stock and are subject to forfeiture until vested.
• Shares owned after transaction: not specified in the summary data provided.

Context

• This appears to be a routine RSU vesting and settlement with tax withholding (a common, non‑market sale method to satisfy tax obligations). That means the shares were not sold in open market transactions by the insider and do not necessarily indicate a change in sentiment.
• Transaction codes: M = derivative conversion/settlement (here RSUs), F = tax withholding (shares retained by issuer), A = award/grant.