SEC Form 4 · accession 0001193125-26-264582
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Dankberg
Officer — Chairman and CEO · Director
Period of report
Jun 7, 2026
Accepted (ET)
Jun 9, 2026 · 9:13 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000797721
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.0001 par value common stock | Jun 7, 2026 | M | 21,011 | $0.00 | A | 21,011 | D | |
| $.0001 par value common stock | Jun 7, 2026 | F | 11,336 | $67.18 | D | 9,675 | D | |
| $.0001 par value common stock | Jun 7, 2026 | M | 46,569 | $0.00 | A | 56,244 | D | |
| $.0001 par value common stock | Jun 7, 2026 | F | 25,124 | $67.18 | D | 31,120 | D | |
| $.0001 par value common stock | Jun 7, 2026 | M | 34,926 | $0.00 | A | 66,046 | D | |
| $.0001 par value common stock | Jun 7, 2026 | F | 18,843 | $67.18 | D | 47,203 | D | |
| $.0001 par value common stock | Jun 7, 2026 | G | 47,203 | $0.00 | D | 0 | D | |
| $.0001 par value common stock | Jun 7, 2026 | G | 47,203 | $0.00 | A | 1,482,196 | I | By Trust |
| $.0001 par value common stockF4 | Jun 8, 2026 | S | 115,035 | $63.9514 | D | 1,367,161 | I | By Trust |
| $.0001 par value common stockF5 | Jun 8, 2026 | S | 149,580 | $64.5604 | D | 1,217,581 | I | By Trust |
| $.0001 par value common stockF6 | Jun 8, 2026 | S | 120,895 | $65.4784 | D | 1,096,686 | I | By Trust |
| $.0001 par value common stockF7 | Jun 8, 2026 | S | 10,390 | $66.4792 | D | 1,086,296 | I | By Trust |
| $.0001 par value common stock | Jun 8, 2026 | S | 4,100 | $69.00 | D | 1,082,196 | I | By Trust |
| $.0001 par value common stockF8 | holding | — | — | — | 6,130 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitF9,F14 | $0.00 | Jun 7, 2026 | M | 21,011 | D | — | — | common stock | 21,011 | 21,010 | D |
| restricted stock unitF10,F14 | $0.00 | Jun 7, 2026 | M | 46,569 | D | — | — | common stock | 46,569 | 46,568 | D |
| restricted stock unitF11,F14 | $0.00 | Jun 7, 2026 | M | 34,926 | D | — | — | common stock | 34,926 | 34,926 | D |
| restricted stock unitF12,F13,F14 | — | Jun 7, 2026 | A | 103,621 | A | — | — | common stock | 103,621 | 103,621 | D |
Explanation of responses
- F1This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
- F10The original restricted stock unit grant was for 139,706 units on 06/07/2024. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
- F11The remaining restricted stock units will vest on June 7, 2027.
- F12Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- F13The units vest and convert into shares of common stock (on a 1-for-1 basis) in three substantially equal installments on June 7, 2027, June 7, 2028 and June 7, 2029.
- F14Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
- F2The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
- F3Transaction pursuant to Rule 10b5-1 Plan adopted on March 9, 2026.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.22 to $64.21. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.22 to $65.21. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.22 to $66.19. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.31 to $67.21. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8Includes 233 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report.
- F9The original restricted stock unit grant was for 84,043 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date.