Form 4: Viasat CFO Shawn Duffy Reports Stock Transactions
SEC Form 4 Filing
Shawn Duffy, CFO of Viasat Inc., reports acquisition and disposal of Viasat common stock and restricted stock units.
Summary
- Shawn Duffy, the Chief Financial Officer of Viasat Inc., filed a Form 4 detailing changes in beneficial ownership of the company's securities.
- On July 7, 2024, Duffy acquired 5,154 shares of common stock through the vesting of restricted stock units.
- Also on July 7, 2024, 2,771 shares were withheld by Viasat to cover tax obligations related to the vesting of the restricted stock units at a price of $14.39.
- Following these transactions, Duffy directly owns 67,551 shares of Viasat common stock.
- Additionally, Duffy indirectly owns 3,414 shares through a 401(k) plan.
- Duffy also holds 15,461 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/31/2024 | Includes 349 shares purchased under the Viasat Employee Stock Purchase Plan. |
| 06/07/2023 | Original restricted stock unit grant for 20,615 units. |
| 07/07/2024 | Acquisition of 5,154 shares of common stock through vesting of restricted stock units; 2,771 shares withheld for taxes. |
| 07/09/2024 | Date of signature for the Form 4 filing. |
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