ViaSat Inc.'s (NASDAQ: VSAT) Chief Accounting Officer, Camellia E. FitzGerald, sold 1,119 shares of the company's common stock on February 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were disposed at $50.00 apiece, resulting in total proceeds of $55,950.
The timing of the sale placed the transaction close to ViaSat's 52-week high of $50.24, following a dramatic 425% appreciation in the stock over the past year. At the time of reporting, the share price was trading at $46.07 and the company carried a market capitalization of $6.26 billion.
Following the disposition, FitzGerald continues to directly own 8,827 shares of ViaSat common stock. The filing also records an indirect holding of 240 shares through a spouse. The transaction was executed pursuant to a Rule 10b5-1 trading plan that FitzGerald adopted on December 12, 2025.
The Form 4 filing references third-party research material, noting that, according to InvestingPro analysis, the stock appears overvalued at current levels. The filing points investors to a comprehensive Pro Research Report on VSAT for additional detail.
Separately from the insider transaction, ViaSat released its fiscal third-quarter 2026 financial results. The company reported earnings per share of $0.79, compared with a consensus forecast of -$0.46, representing a 271.74% beat. Revenue for the quarter was $1.16 billion, slightly under the expected $1.17 billion, a shortfall that the filing states has contributed to investor concern around the company’s forward guidance.
On the product and technology front, ViaSat, in partnership with Cubic³, Qualcomm Technologies, and Fraunhofer IIS, demonstrated satellite-enabled voice calling for connected vehicles at Mobile World Congress 2026. The showcase highlighted the capability for vehicles to maintain voice connectivity when terrestrial cellular networks are unavailable, with the stated aims of improving driver safety and enabling emergency access outside of standard network coverage.
These developments together illustrate ongoing executive-level portfolio adjustments, recent operating results that mixed an EPS beat with a slight revenue miss, and continued investment in satellite communications features. The Form 4 and company updates provide a snapshot of insider activity, near-term financial performance, and product demonstrations without altering the underlying numeric details disclosed in the filings.
Transaction details
- Seller: Camellia E. FitzGerald, Chief Accounting Officer
- Shares sold: 1,119
- Sale price: $50.00 per share
- Total value: $55,950
- Plan: Executed under Rule 10b5-1 trading plan adopted December 12, 2025
Holdings after sale
- Direct ownership: 8,827 shares
- Indirect ownership: 240 shares through a spouse