Girish Chandran, Chief Technology Officer and SVP Engineering of Viasat Inc. (NASDAQ:VSAT), filed a Form 4 on September 21, 2026, disclosing transactions dated September 17, 2026, including the vesting of restricted stock units and the withholding of shares to cover tax obligations.

Key Highlights

  • RSU vesting: 15,620 restricted stock units converted into shares of common stock at $0 on September 17, 2026.
  • Shares withheld for taxes: 8,427 shares were withheld by Viasat Inc. at $73.02 per share to satisfy the reporting person's tax withholding obligation.
  • Direct ownership after transactions: 63,491 shares of $.0001 par value common stock held directly following the reported transactions.
  • Indirect holdings: An additional 5,756 shares held indirectly through a 401(k) plan and 176 shares through a spouse's 401(k).
  • Remaining RSUs: 30,320 restricted stock units remain beneficially owned directly following the reported transaction.
  • Original RSU grant: The original grant was for 45,940 restricted stock units made on August 17, 2025, with a vesting schedule of 34% on September 17, 2026, 33% on June 7, 2027, and 33% on June 7, 2028.

Viasat CTO's RSU Vesting, Tax Withholding, and Ownership Position

According to the filing, Girish Chandran, serving as CTO and SVP Engineering at Viasat Inc., reported two transactions in the company's $.0001 par value common stock on September 17, 2026. First, 15,620 restricted stock units vested and converted into shares of common stock on a 1-for-1 basis, recorded at $0 per share under transaction code "M." This brought his directly held share total to 71,918 before the second transaction was applied.

The second transaction, coded "F," reflects the withholding of 8,427 shares at a price of $73.02 per share. The filing explains that 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" to satisfy a tax withholding obligation. Following both transactions, Chandran directly held 63,491 shares. He also holds 5,756 shares indirectly through his own 401(k) plan and 176 shares indirectly through his spouse's 401(k).

The underlying RSU grant was originally made on August 17, 2025, for 45,940 restricted stock units. According to the filing, the units vest and convert into shares of common stock at the rate of 34% on September 17, 2026, 33% on June 7, 2027, and 33% on June 7, 2028. The filing further notes that until vested, the restricted stock units "shall be subject to forfeiture in the event of termination of employment or service with the Issuer." Following the reported vesting, 30,320 restricted stock units remain directly owned.

What Was Disclosed

The filing disclosed the vesting of 15,620 restricted stock units into common stock and the withholding of 8,427 shares at $73.02 to cover taxes, resulting in direct ownership of 63,491 shares and 30,320 remaining RSUs for Viasat's CTO and SVP Engineering.