Form 4: Viasat COO Kevin Harkenrider Reports Changes in Beneficial Ownership

Chief Operating Officer of Viasat, Kevin J Harkenrider, reports changes in beneficial ownership of Viasat Inc. stock, including transfers to a trust and purchases under the employee stock purchase plan and 401(k) plan.

Summary

• Kevin J Harkenrider, the Chief Operating Officer of Viasat Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On August 2, 2024, shares were transferred into the Kevin and Andrea Harkenrider Trust dated November 11, 2008.
• Also on August 2, 2024, Harkenrider acquired 198 shares through the Viasat Employee Stock Purchase Plan (ESPP) purchased on January 31, 2024.
• He also acquired 218 shares through the ESPP purchased on July 31, 2024.
• On August 9, 2024, there was another transfer of 218 shares into the trust.
• Harkenrider's holdings include 4,582 shares held indirectly through the Viasat 401(k) plan, including 849 shares acquired since the last report.
• Following these transactions, Harkenrider directly owns 0 shares and indirectly owns 30,328 shares through a trust and 4,582 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine transactions and doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The reporting person is actively participating in the company's Employee Stock Purchase Plan, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates