Mark D Dankberg sells 400,000 VSAT shares for $25.9M via scheduled 10b5-1 plan; retains 1,082,196 shares plus 206,125 RSU derivatives
Mark D Dankberg, Chairman and CEO, executed 5 separate sales totaling 400,000 shares for $25,903,223.99 at prices ranging from $63.95 to $69.00, reducing his non-derivative holdings by 27.0% to 1,082,196 shares. This transaction was part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-09, making it scheduled rather than discretionary. The CEO retains substantial non-derivative holdings and carries 206,125 restricted stock units across four separate RSU vehicles, preserving material exposure to the company. His prior trades at VSAT (4 sales through December 2025 and January 2026) were followed by positive 90-day returns ranging from 28.2% to 34.7%, though the stock is currently down 8.7% over the past 30 days and trades at -28.8% from its 52-week high of $89.78.