Company: VSAT
Filing Date: 2025-09-25
Form Type: 11-K
Source: 0001193125-25-217139
Chunk: 4

Company: VIASAT INC
Filing Date: 2025-09-25
Form: 11-K
Chunk 4
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, 2025, there were no discretionary profit-sharing contributions or QNEC contributions made. Rollover contributions meeting certain guidelines detailed in the Plan document may be made to the Plan. Participant Accounts Separate accounts are maintained for each participant. Participants direct the investment of their Plan accounts among a variety of investment options. Participants may change their elections, including investments in the Company's common stock, on a daily basis. Plan earnings (losses) from investments are allocated to the participant account balances on a daily basis using a weighted average of participant account balances.

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VIASAT, INC. 401(k) PROFIT SHARING PLAN

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FISCAL YEAR ENDED MARCH 31, 2025</div>

Vesting

Participants are immediately vested in their voluntary contributions, plus actual earnings thereon.Participants are vested in Company matching and profit-sharing contributions as follows:

| Years of Vesting Service |     | Vested Percentage |     |   |
| Less than 1 year         |     |                   |   0 | % |
| 1 but less than 2 years  |     |                   |  34 | % |
| 2 but less than 3 years  |     |                   |  67 | % |
| 3 or more years          |     |                   | 100 | % |

Additionally, participants become100% vested in Company contributions upon death, disability, or upon reaching the early or normal retirement ages as defined in the Plan document.

Forfeitures

Amounts forfeited by terminated employees are used to pay expenses of the Plan and/or reduce Company matching contributions. As of March 31, 2025 and 2024, forfeitures of $521,844and $638,755were available to reduce future employer contributions, respectively. During each of the fiscal years2025 and 2024, forfeitures of $250,000were utilized to reduce the employer contributions receivable.

Payment of Benefits Prior to termination of employment, a participant may make the following in-service withdrawals: (a) all or any portion of their rollover balance at any time, (b) all or a portion of their vested Plan accounts upon attaining age 59 1 / 2 , (c) qualified reservist withdrawals from deferrals, (d) deemed severance of employment withdrawals if on active military duty and (e) hardship withdrawals. Upon retirement or other termination of employment, participants or