Viasat (VSAT) Chief Accounting Officer Receives Vesting RSUs; 1,342 Shares Withheld

What Happened

• Camellia E. FitzGerald, Chief Accounting Officer of Viasat, had 3,740 restricted stock units convert into common shares on August 17, 2026 (transaction code M — conversion/vesting). Of those vested shares, 1,342 were withheld by the company to cover tax withholding at $81.41 per share, totaling $109,252 (transaction code F). The net shares retained by FitzGerald after withholding were 2,398. This was not an open-market sale; it was the normal vesting/conversion of RSUs.

Key Details

• Transaction date: August 17, 2026; Form filed August 19, 2026 (appears timely).
• Conversion: 3,740 RSUs converted to 3,740 shares (code M) at $0 exercise price; 1,342 shares withheld for taxes (code F) at $81.41/share = $109,252.
• Net shares received: 2,398 (3,740 vested − 1,342 withheld).
• Footnotes: Original RSU grant was 11,000 units on 08/17/2025, vesting in three installments (8/17/2026, 6/7/2027, 6/7/2028). RSUs remain subject to forfeiture until vested. Withheld shares were not sold on the open market but were retained by the issuer to satisfy tax obligations.

Context

• This is a routine RSU vesting event, not a buy or market sale. The conversion (code M) produced shares, and the company executed a withholding (sell-to-cover style) to meet tax liabilities — a common practice that does not necessarily indicate insider market sentiment.