On December 15, 2025, Viasat Chairman and CEO Mark D. Dankberg sold 200,000 shares held in an indirect family trust, generating proceeds of $7,018,433.14 at a weighted average price of $35.09 per share. The transaction reduced the trust’s holdings by 11.53%, leaving 1,534,993 shares post-sale, as disclosed in the SEC Form 4 filing.

The sale was executed under a pre-established Rule 10b5-1 plan adopted on September 15, 2025, indicating a scheduled disposition rather than opportunistic trading. This timing coincided with a one-year total return of approximately 285% for Viasat shares, reflecting significant price appreciation since mid-2024 and aligning with the CEO’s strategy to periodically rebalance trust assets.

Despite the substantial divestiture, Mr. Dankberg retains nearly 90% of his trust-held shares, underscoring continued conviction in Viasat’s long-term growth prospects. The company’s trailing twelve months revenue of $4.58 billion and expanding market capitalization of $4.57 billion reflect robust demand for its satellite broadband, in-flight connectivity, and secure communications solutions across commercial and government sectors.