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

Viasat Inc. Chief Financial Officer Garrett L. Chase sold a total of 4,000 shares of common stock under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Garrett L. Chase, SVP and Chief Financial Officer of Viasat Inc., executed a series of stock sales on June 22, 2026.
• These transactions were conducted under a Rule 10b5-1 trading plan adopted on February 25, 2026.
• A total of 4,000 shares of Viasat's $.0001 par value common stock were sold.
• The sales occurred at weighted average prices across different ranges, with the overall weighted average price for the 4,000 shares not explicitly stated but derived from the individual transaction details.
• Following these transactions, Chase beneficially owns 34,239 shares directly and 657 shares indirectly through a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. While it involves a CFO selling shares, the transactions were conducted under a pre-established Rule 10b5-1 plan, which is a standard and legitimate method for executives to diversify their holdings without implying negative non-public information.

Negatives

• The Chief Financial Officer sold a significant number of shares (4,000) which could be perceived negatively by the market, although it was executed under a pre-planned 10b5-1 trading plan.

Risks

• The sales were conducted under a Rule 10b5-1 plan, which is designed to provide an affirmative defense against allegations of insider trading. However, the timing and volume of sales could still be subject to market interpretation.
• The weighted average prices reported for the sales indicate a range of market prices at which the shares were disposed of, suggesting potential volatility or differing market perceptions during the transaction period.

Future Outlook

The filing does not contain forward-looking statements or guidance. It reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings, particularly those involving sales by senior officers, are closely watched by investors. The use of a Rule 10b5-1 plan is a standard practice to facilitate planned stock sales while mitigating insider trading concerns, but the volume and timing can still influence market sentiment.

Stakeholder Impact

• Shareholders: The sale of shares by a key executive might lead to short-term market scrutiny, but the use of a 10b5-1 plan mitigates concerns about insider trading.
• Employees: The sale of stock by management does not directly impact employee compensation or benefits but could influence employee morale depending on market perception.
• Creditors: No direct impact on creditors is indicated by this filing.
• Suppliers/Customers: No direct impact on suppliers or customers is indicated by this filing.

Next Steps

• The reporting person will continue to hold shares beneficially owned after the reported transactions.
• Future transactions under the Rule 10b5-1 plan, if any, will be reported on subsequent filings.

Key Dates

Keywords

Viasat Inc., VSAT, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, Garrett L. Chase, Chief Financial Officer, Beneficial Ownership, SEC Filing