Form 4: BlackSky CFO Henry Dubois Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Henry Dubois, CFO of BlackSky Technology Inc., disposed of 23,852 shares to cover tax obligations related to vested restricted stock units.
Summary
- On June 10, 2024, Henry Edward Dubois, the Chief Financial Officer of BlackSky Technology Inc., disposed of 23,852 shares of Class A Common Stock.
- The disposal was not a market transaction but was due to shares being withheld by the issuer to satisfy tax withholding and remittance obligations related to the net settlement of vested restricted stock units (RSUs).
- The price per share was $1.07.
- Following the transaction, Dubois directly owns 2,097,156 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be useful for investors assessing management's alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of stock disposal for tax obligations. |
| 06/11/2024 | Date of signature for the Form 4 filing. |
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