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

Director Susan M. Gordon acquired 21,028 shares of BlackSky Technology Inc. Class A Common Stock in lieu of cash compensation for the quarter ended June 30, 2024.

Summary

• Susan M. Gordon, a director of BlackSky Technology Inc., acquired 21,028 shares of Class A Common Stock on June 30, 2024.
• The shares were received in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended June 30, 2024.
• The number of shares was calculated based on the closing price of BlackSky's Class A Common Stock on June 28, 2024.
• Following the transaction, Gordon directly owns 298,391 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is a routine compensation-related share acquisition. It doesn't necessarily indicate strong positive or negative sentiment, but rather a standard practice.

Positives

• A director taking shares in lieu of cash compensation can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely watched as indicators of management's and directors' sentiment about the company's prospects. This transaction reflects one director's decision to increase their stake in the company.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it shows a director's increased investment in the company.

Key Dates