Form 4: BlackSky Director Susan M. Gordon Acquires Shares in Lieu of Cash Compensation

BlackSky director Susan M. Gordon acquired 2,085 shares of Class A Common Stock in lieu of cash compensation for the quarter ending December 31, 2024.

Summary

• Susan M. Gordon, a director at BlackSky Technology Inc., acquired 2,085 shares of Class A Common Stock on December 31, 2024.
• These shares were received in lieu of cash compensation under the company's Outside Director Compensation Policy.
• The number of shares was calculated based on the closing price of BlackSky's Class A Common Stock on December 31, 2024.
• Following this transaction, Ms. Gordon directly owns 60,636 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of stock in lieu of cash compensation aligns director interests with shareholder value.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies. It does not indicate any specific trend in the broader industry.

Comparison to Industry Standards

• Many publicly traded companies use stock-based compensation for directors to align their interests with shareholders.
• The practice of awarding shares in lieu of cash is a common method of compensation for board members.
• The specific number of shares awarded is dependent on the company's compensation policy and the value of the stock at the time of the award.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

BlackSky, Director, Stock Acquisition, Class A Common Stock, Compensation, Insider Trading, SEC Form 4