Viasat Director Richard Baldridge Sells 223,542 Shares

What Happened

• Richard A. Baldridge, a director of Viasat Inc. (VSAT), sold a total of 223,542 shares in open-market transactions on August 7, 2026. The sales consisted of: 87,238 shares at a weighted-average price of $80.35 (proceeds $7,009,320); 79,830 shares at $80.40 (proceeds $6,418,651); and 56,474 shares at $81.34 (proceeds $4,593,590). Total reported proceeds from these disposals equal $18,021,561. These were sales (not purchases), which are often routine and do not, by themselves, indicate the director’s view of the company.

Key Details

• Transaction date: August 7, 2026. Form 4 filed: August 11, 2026 (appears to be after the typical 2-business-day filing window).
• Per-trade weighted-average prices and reported ranges:
  • 87,238 shares at $80.35 (range $80.00–$80.77) — footnote F1.
  • 79,830 shares at $80.40 (range $80.00–$80.995) — footnote F2.
  • 56,474 shares at $81.34 (range $81.00–$81.90) — footnote F3. The footnotes state the reported prices are weighted averages and that the filer will provide a breakdown of the number of shares sold at each separate price on request.
• Total shares sold: 223,542; total proceeds: $18,021,561.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: the Form 4 was filed four days after the transaction date and therefore appears to be late under the SEC’s usual two-business-day Form 4 requirement.

Context

• These entries are straightforward open-market sales by a company director. Sales are common for reasons such as diversification, tax obligations, or personal liquidity; they are less informative than purchases for signaling insider confidence. The weighted-average prices and footnotes indicate multiple execution prices across the stated ranges.