Form 4: Viasat CFO Sells 5,000 Shares Under 10b5-1 Plan

Viasat's SVP and Chief Financial Officer, Garrett L. Chase, sold 5,000 shares of common stock on January 2, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Garrett L. Chase, Senior Vice President and Chief Financial Officer of Viasat Inc. (VSAT), reported a sale of common stock.
• The transaction involved the disposition of 5,000 shares of Viasat's common stock.
• The sale occurred on January 2, 2026, at a weighted average price of $35.0538 per share.
• The shares were sold in multiple transactions with prices ranging from $34.82 to $35.405.
• This transaction was executed pursuant to a Rule 10b5-1 Plan, which was adopted on September 15, 2025.
• Following the reported transaction, Mr. Chase beneficially owns 7,771 shares directly and 657 shares indirectly through a 401(k) plan, totaling 8,428 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can sometimes be perceived negatively, the fact that it was conducted under a pre-arranged 10b5-1 plan mitigates concerns that it is based on new, negative material information. It represents a planned diversification or liquidity event for the executive.

Positives

• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, adopted well in advance on September 15, 2025, indicating a planned disposition rather than a reaction to immediate company news.
• The filing provides transparency regarding insider stock transactions, adhering to SEC regulations.

Negatives

• The sale by a key executive, the SVP and Chief Financial Officer, reduces their direct ownership stake in the company.

Future Outlook

This Form 4 filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports a routine insider transaction under a pre-arranged plan and does not provide information directly related to broader industry trends or competitive landscape. Insider sales are common across industries, particularly when executed under 10b5-1 plans, which allow executives to diversify holdings without being accused of trading on material non-public information.

Stakeholder Impact

• Shareholders: May observe a slight reduction in direct insider alignment, though the pre-planned nature of the sale under a 10b5-1 plan typically lessens any negative interpretation.

Key Dates

Keywords

Viasat, VSAT, insider trading, Form 4, stock sale, CFO, 10b5-1 plan, equity disposition