VSAT VIASAT INC
Price Chart
Executive Summary
Two Viasat insiders (CFO and SVP/President Commercial) sold a total of ~$1.65M in open-market sales over a 7-day window, following the company's Q4 FY2026 earnings report. The CFO's sale was small ($86K), while the SVP's sale of $1.56M was part of a derivative exercise and sale at ~$73/share. The cluster represents ~0.017% of market cap, well below the 0.1% threshold for materiality, and the SVP's sale appears to be a routine cash-out of exercised options, not a bearish signal.
Key Financial Metrics
Actionable Insight
The insider cluster is too small relative to market cap to warrant a bearish read. The SVP's sale is a routine cash-out of exercised options, not a conviction sell. Monitor for any larger insider sales (>$5M) that would breach the 0.1% materiality threshold. The earnings report's positive net income swing and VS-3 satellite progress are more relevant catalysts.
Key Facts
- Total insider sales of ~$1.65M represent ~0.017% of $10.0B market cap — trivial proportionality
- CFO Chase Garrett sold 1,201 shares for $86K on June 3 at $71.85
- SVP Palmer Benjamin Edward sold 21,408 shares for $1.56M on June 2 at $73.09, after exercising options at $15.96/share
- SVP Palmer also exercised 21,408 options at $0 (non-cash) on June 2
- Cluster follows Viasat's Q4 FY2026 earnings (May 28) which showed net income swing to $59M from -$246M YoY
- No 10b5-1 plan noted, but the SVP's sale pattern (exercise + immediate sale) is typical of option monetization
Financial Impact
Total insider sales of ~$1.65M, or ~0.017% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if management loses confidence in FY2027 guidance
- Communication Services segment revenue declined 2% YoY — segment headwinds could pressure stock
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VSAT-1780690747599 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
9d ago
|
Institutional Cluster
| $72.71 $64.55 | ▼ −11.22% | ▼ −11.66% | $64.13 (−11.80%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▼ −0.60% | ▲ +1.52% | $64.13 (+2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
May 29, 2026
22d ago
|
S-3ASR
| $72.86 $67.18 | ▼ −7.80% | ▼ −5.05% | $64.13 (−11.98%) |
|
May 28, 2026
23d ago
|
8-K
| $80.62 $69.62 | ▼ −13.64% | ▼ −13.35% | $64.13 (−20.45%) |
|
May 22, 2026
29d ago
|
Press Release
| $81.40 $72.61 | ▼ −10.80% | ▼ −12.01% | $64.13 (−21.22%) |
|
May 7, 2026
6w ago
|
8-K
| $66.33 $70.58 | ▲ +6.41% | ▲ +4.90% | $64.13 (−3.32%) |
|
Mar 12, 2026
14w ago
|
Insider Cluster
| $46.51 $52.12 | ▼ −12.06% | ▼ −13.04% | $64.13 (−37.88%) |
US Market Status
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