Form 4: BlackSky CFO Henry Dubois Reports Stock Transactions
SEC Form 4 Filing
Henry Edward Dubois, CFO of BlackSky Technology Inc., reports acquisition and disposal of Class A Common Stock and derivative securities.
Summary
- On March 10, 2025, Henry Edward Dubois, the Chief Financial Officer of BlackSky Technology Inc., reported transactions involving the company's Class A Common Stock.
- Dubois acquired 94,799 shares of Class A Common Stock through restricted stock units (RSUs) at a price of $0.
- He also disposed of 8,418 shares of Class A Common Stock at $9.23 per share to cover tax obligations related to vested RSUs.
- Following these transactions, Dubois beneficially owns 507,160 shares of Class A Common Stock.
- Additionally, Dubois acquired options to purchase 189,598 shares of Class A Common Stock at an exercise price of $9.23, which vest over time starting March 10, 2026.
- These options expire on March 10, 2035.
- The transactions were reported on Form 4 filed with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings to gain insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Monitoring insider transactions is a standard practice in the financial industry.
- Similar filings are made by executives at companies like Planet Labs and Maxar Technologies, providing transparency into their stock ownership and trading activities.
- The vesting schedules for RSUs and options are typical for executive compensation packages in the technology sector.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as they provide insight into the CFO's stock ownership.
- The disposal of shares to cover tax obligations is a common practice and is unlikely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transactions: acquisition of RSUs and disposal of shares for tax obligations; grant date of options. |
| 03/10/2026 | First vesting date for RSUs and options (one-fourth of the total). |
| 03/12/2025 | Date of Form 4 filing. |
| 03/10/2035 | Expiration date for the options. |
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