Benjamin Edward Palmer, Senior Vice President and President, Commercial at Viasat Inc. (NASDAQ:VSAT), disposed of 2,400 company shares on March 12, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $46.21 per share, producing total proceeds of $110,904.
Following the sale, Palmer retains direct ownership of 25,431 Viasat shares. The filing notes the disposition took place under a Rule 10b5-1 trading plan that Palmer adopted on December 11, 2025. The sale was executed and signed by Stacy Nguyen, Attorney-in-Fact, on March 16, 2026.
The transaction occurred while Viasat shares were trading close to their 52-week high of $50.24. The stock has shown a substantial advance over the past year, delivering a reported return of 372% over that period.
Market commentary included in the filing references InvestingPro analysis that currently views VSAT as trading above its Fair Value. That analysis is available to subscribers through InvestingPro research products, which the notice indicates include a Pro Research Report and additional ProTips.
On the company performance front, Viasat disclosed fiscal third-quarter 2026 results that presented mixed signals for investors. Reported earnings per share stood at $0.79, considerably higher than analyst estimates of -$0.46. Revenue for the quarter totaled $1.16 billion, narrowly missing expectations of $1.17 billion. The combination of an earnings beat and a slight revenue shortfall has prompted investor attention on the companys topline trajectory and forward guidance.
Separately, Viasat showcased a collaborative technical demonstration at Mobile World Congress 2026 alongside Cubic , Qualcomm Technologies, and Fraunhofer IIS. The demonstration highlighted satellite-enabled voice calling for connected vehicles, a capability intended to maintain voice connectivity in situations where conventional cellular networks are unavailable, with potential implications for driver safety and emergency communication.
These developments - the insider sale under a pre-arranged plan, mixed quarterly results, third-party valuation commentary, and the product demonstration - together outline recent insider activity and corporate milestones for Viasat. The filing and corporate disclosures provide the factual basis for investors assessing insider liquidity moves alongside operational and product progress.