Form 4: Viasat Director Granted 5,974 Restricted Stock Units

Viasat Director Barbara L. Frenkel was granted 5,974 restricted stock units, aligning her interests with shareholders.

Summary

• Barbara L. Frenkel, a Director at Viasat Inc. (VSAT), acquired 5,974 restricted stock units (RSUs) on November 17, 2025.
• Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
• The RSUs will vest and convert into shares of common stock on the first anniversary of the grant date (November 17, 2026) or the next occurring annual meeting of the Company's stockholders, whichever comes first.
• Vesting is subject to the Non-Employee Director continuing in service on the Board through the vesting date.
• Following this transaction, Barbara L. Frenkel beneficially owns 5,974 derivative securities (RSUs).

Sentiment

Score: 7

Explanation: The grant of equity compensation to a director is generally viewed positively as it aligns management's interests with shareholders, promoting long-term value creation.

Positives

• The grant of restricted stock units to a director aligns their financial interests with those of long-term shareholders, encouraging decisions that enhance shareholder value.
• Equity compensation is a standard practice for attracting and retaining qualified board members.

Future Outlook

The restricted stock units are scheduled to vest on the first anniversary of the grant date or the next annual meeting of stockholders, contingent on the director's continued service.

Industry Context

The grant of restricted stock units to non-employee directors is a common practice across publicly traded companies, particularly in the technology and aerospace sectors, to align director interests with long-term shareholder value and to serve as a form of compensation.

Comparison to Industry Standards

• Granting restricted stock units to non-employee directors is a common practice across publicly traded companies, aligning director interests with long-term shareholder value.
• This practice is consistent with typical compensation structures for board members in the technology and aerospace industries, where equity-based incentives are prevalent.

Stakeholder Impact

• Shareholders benefit from increased alignment of director interests with long-term company performance through equity compensation, potentially leading to more shareholder-friendly decisions.

Next Steps

• The restricted stock units will vest and convert into common stock on the first anniversary of the grant date or the next annual meeting of stockholders, subject to continued service.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a non-employee director. While it indicates alignment of interests, it does not provide new fundamental information to alter an investment thesis or warrant a change in recommendation. Investors should consider broader company performance and market conditions.

Keywords

Viasat, VSAT, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Insider Transaction, Form 4