Form 4: BlackSky CFO Henry Dubois Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
BlackSky's CFO, Henry Dubois, disposed of 26,654 shares of Class A Common Stock to cover tax obligations related to vested restricted stock units.
Summary
- On March 10, 2024, Henry Edward Dubois, the Chief Financial Officer of BlackSky Technology Inc., disposed of 26,654 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding and remittance obligations related to the net settlement of vested restricted stock units (RSUs).
- The shares were disposed of at a price of $1.45 per share.
- Following the transaction, Dubois directly owns 2,121,008 shares of BlackSky Technology Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine transaction for tax purposes and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the CFO's holdings and is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/12/2023 | Date of signature by attorney-in-fact on behalf of Henry Dubois |
| 03/10/2024 | Date of transaction: Disposal of shares to cover tax obligations |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.