Company: VSAT
Filing Date: 2025-09-25
Form Type: 11-K
Source: 0001193125-25-217139
Chunk: 8

Company: VIASAT INC
Filing Date: 2025-09-25
Form: 11-K
Chunk 8
---
 and significant to the fair value (these are often based on internal models and there is rarely a two-way market). The asset’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Investments held in the Plan primarily consist of mutual funds, common/collective trusts, a pooled separate account, the Company’s common stock and self-directed brokerage accounts. These assets are recorded at fair value on a recurring basis. Certain investments are measured at fair value using the net asset value (“NAV”) per share (or its equivalent) as a practical expedient. These investments include common/collective trusts and a pooled separate account, which are typically valued using the NAV provided by the issuer of the fund. The NAV is based on the value of the underlying assets owned by the fund, minus liabilities and divided by the number of shares or units outstanding. The following is a description of the valuation methodologies used for investments measured at fair value. There were no changes in the methodologies used as of March 31, 2025 and 2024. Mutual funds: Valued at the closing NAV reported on the last business day of the fiscal year, which is also the quoted market prices available on an active market. Common/collective trusts: Valued by the issuer of the common/collective trust funds based on the NAV of its underlying investments. The underlying investments are valued by the issuer using quoted market prices on active markets and provide for daily redemptions with one or two days’ notice. As of March 31, 2025 and 2024, the Plan’s investments in common/collective trusts had no unfunded commitments. Pooled separate account: Valued by the issuer of the pooled separate account based on the NAV of the underlying investments. The NAV is not a publicly quoted price in an active market and is determined based upon the fair value of the underlying investments. This pooled separate account has no unfunded commitment and redemption restrictions as participant transactions may occur daily. Company common stock: Investments in securities (common stock) traded on a national securities exchange are valued at the last reported sales price on the last business day of the fiscal year. Self-directed brokerage accounts: The self-directed brokerage accounts are valued based on the fair value of the underlying investments. The underlying investments are carried at fair value based on quoted marked prices.

<div align='center'>7

VI