Chase Garrett L. has filed a notice to sell 4,000 shares of Viasat Inc. common stock, valued at approximately $235,429.60. This transaction, filed on October 20, 2026, is significant as it reflects ongoing insider activity within the company.
Viasat Inc. operates in the communication services sector, specifically categorized under the SIC code for Communication Services, NEC. The company, based in Carlsbad, California, is known for its satellite and broadband services, making it a key player in the telecommunications landscape.
The filing details that Garrett acquired the shares as restricted stock on February 17, 2026. The upcoming sale is part of a broader trend, as Garrett has previously sold shares on multiple occasions, including transactions in September and August 2026, where he sold 4,000 shares each time for gross proceeds of $307,646.80 and $299,616.40, respectively.
"Garrett Chase has filed to sell 4,000 shares of Viasat Inc., valued at approximately $235,429.60,"
This latest filing indicates that Garrett is actively managing his holdings, which may impact investor sentiment regarding Viasat. The company's stock performance could be influenced by such insider activity, as investors often scrutinize the actions of executives and major shareholders.
The filing does not specify what actions may follow this sale, leaving investors to speculate on Garrett's future plans regarding his remaining shares.