Viasat announced the adoption of the Viasat Value Creation Incentive Program (V-CIP), a new long-term, performance-based equity plan designed to align executive compensation with significant stock price appreciation. The program sets ambitious stock price hurdles over a four-year period and includes a multi-year service requirement to drive long-term stockholder value and retain key contributors, including CEO Mark Dankberg.
Key Details
- Program Structure: The V-CIP will grant up to 2.8 million performance-based restricted stock units (PSUs) in its initial awards, scheduled for December 2026.
- Performance Hurdles: Awards are earned based on achieving stock price hurdles ranging from $150 to $300 per share, representing approximately 2x to 4x the company's stock price of $74.11 on November 2, 2026.
- Timeline & Vesting: The performance period ends on December 31, 2030. Earned PSUs also require continued service through December 31, 2030 to fully vest, emphasizing long-term retention.