Viasat (VSAT) Chief Accounting Officer Camellia FitzGerald Receives RSU Award

What Happened
Camellia E. FitzGerald, Chief Accounting Officer of Viasat (VSAT), had restricted stock units convert into a total of 4,505 shares on June 7, 2026. As part of the vesting/conversion, 970 shares were withheld by the company to satisfy tax-withholding obligations (72 shares at $67.18 = $4,837; 898 shares at $67.18 = $60,328), for total tax withholding of $65,165. The conversion/exercise entries are recorded at $0.00 per share (derivative conversion/vesting).

Key Details

• Transaction date: 2026-06-07; Form 4 filed 2026-06-09 (appears filed within the usual two-business-day window).
• Shares converted/awarded: 4,505 shares acquired (derivative conversion/award).
• Shares withheld for taxes: 72 and 898 shares withheld at $67.18/share (total withheld value $65,165). These shares were withheld by the issuer and were not sold on the open market (footnote F1).
• Breakdown: the conversion includes 203 shares (1/4 of a 06/07/2022 RSU grant) and 2,500 shares (1/3 of a 06/07/2024 RSU grant), consistent with the grant vesting schedules (F3, F4, F5, F6).
• Additional note: 180 shares were acquired under the Viasat 401(k) plan since the last report (F2).
• Shares beneficially owned after the transactions are not specified in the provided excerpt.

Context

• These entries reflect routine RSU vesting/conversion and company tax-withholding (transaction codes: M = conversion/exercise of derivative, A = grant/award, F = shares withheld for tax). Because a portion of the vested shares were withheld to cover taxes (not sold on market), this is a non‑market sale and does not necessarily signal a change in the insider’s investment view.
• For retail investors, vesting and withholding events are common compensation mechanics; they differ from open-market purchases or discretionary sales that may be viewed as stronger signals of insider sentiment.