Chase Garrett L.

VSAT CFO Chase Garrett L. sold 20,000 shares in 3 tranches for $697,367.53 on 2025-12-15, reducing holdings by 61.0%.

Chase Garrett L., SVP and Chief Financial Officer, executed 3 separate sales totaling 20,000 shares for $697,367.53 on 2025-12-15, with per-transaction prices ranging from $34.31 to $36.13 and a blended average of $34.87. This sale reduced his holdings from 32,771 to 12,771 shares, a 61.0% reduction in his position. The context for this divestiture is mixed: VSAT trades at $32.17 today, down 19.2% from its 52-week high of $39.82, though the company reported annual revenue growth of 5.5% and generated $1.1B in quarterly revenue. However, the company posted a net loss of $61.4M in the latest quarter and remained unprofitable over its most recent full fiscal year. In his prior open-market sell at this ticker (2025-09-15), the stock subsequently returned +9.5% over 30 days and +7.5% over 90 days, indicating that prior timing was not well-timed (0 of 1 prior VSAT sells aligned with a subsequent decline). The transaction occurred at prices near recent highs but within the current 52-week range.

CFO Chase Garrett L. sold 25,000 shares of VSAT at $33.33 on 2025-09-15, reducing stake by -43.3% to 32,771 shares ($833.2K value).

Chase Garrett L., SVP and Chief Financial Officer, executed a substantial reduction of his VSAT shareholding, liquidating 25,000 shares (representing -43.3% of his pre-transaction position) at $33.33 per share. This sale is notable given the company's current profitability challenges: the latest quarter shows net income of $-56,434,000.00, and the company was unprofitable over its most recent full fiscal year. The CFO's action reduces his remaining holdings to 32,771 shares. While the stock has appreciated 143.1% over 90 days and is trading -1.7% from its 52-week high of $32.92, the decision to divest a material portion of CFO holdings during a period of negative earnings warrants attention to what CFO-level capital deployment decisions may signal about near-term cash priorities or position management.