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Filing body read (8-K 2026-05-07) Viasat filed an 8-K reporting the appointment of Shekar Ayyar and Jinhy Yoon as independent directors and a Cooperation Agreement with Carronade Capital Management and related investor group members. Material changes: Board appointed Shekar Ayyar as an independent Class II director with a term expiring at the 2028 annual meeting.; Board appointed Jinhy Yoon as an independent Class I director with a term expiring at the 2027 annual meeting.; Board expanded to ten members, eight of whom are independent directors.. Risks: Investor Group standstill and voting commitments are time-limited and may expire before the 2027 annual meeting nomination process.; Cooperation Agreement can terminate earlier upon specified events, including an Extraordinary Transaction requiring shareholder approval or Board expansion above ten directors.; Full terms of the Cooperation Agreement are not contained in the 8-K summary and require Exhibit 10.1 review.. Next checks: Review Exhibit 10.1 for the full Cooperation Agreement, including Schedule A investor group parties, voting commitments, standstill scope, and termination provisions.; Review Exhibit 99.1 press release for any additional context furnished under Regulation FD.; Check the 2025 proxy statement for the non-employee director compensation policy referenced for the new directors..