Viasat SVP Sells 2,400 Shares

Insider transaction sees senior executive reduce stake in satellite communications company

Mar. 16, 2026 at 10:12pm

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Viasat Inc. (NASDAQ:VSAT) Senior Vice President Benjamin Edward Palmer sold 2,400 shares of the company's stock in a transaction on March 12th. The shares were sold at an average price of $46.21, resulting in a total transaction value of $110,904. Following the sale, Palmer now directly owns 25,431 shares in the company, valued at $1,175,166.51.

Why it matters

Insider transactions, such as stock sales by company executives, can provide insights into management's views on the company's prospects. While a single transaction does not necessarily indicate a broader trend, it can be noteworthy when a senior leader reduces their ownership stake.

The details

The transaction represents an 8.62% decrease in Palmer's position in Viasat. The sale was disclosed in a filing with the Securities and Exchange Commission. Viasat is a provider of high-capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide.

  • The stock sale occurred on Thursday, March 12th, 2026.

The players

Benjamin Edward Palmer

Senior Vice President at Viasat Inc.

Viasat Inc.

A provider of high-capacity satellite broadband and wireless communications services.

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The takeaway

This insider transaction highlights the ongoing evolution of Viasat's business and the changing ownership dynamics among its senior leadership team. While a single sale does not necessarily indicate broader concerns, it is a data point that investors may want to monitor as part of their overall assessment of the company's prospects.