Form 4: BlackSky Director Susan M. Gordon Receives Stock in Lieu of Cash Compensation

Director Susan M. Gordon acquired 4,746 shares of BlackSky Technology Inc. Class A Common Stock in lieu of cash compensation for the quarter ended September 30, 2024.

Summary

• Susan M. Gordon, a director of BlackSky Technology Inc., acquired 4,746 shares of Class A Common Stock on September 30, 2024.
• The shares were received in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended September 30, 2024.
• The number of shares was calculated based on the closing price of BlackSky's Class A Common Stock on September 30, 2024.
• Following the transaction, Gordon directly owns 58,932 shares of BlackSky Class A Common Stock.
• The reported number of shares has been adjusted to reflect the impact of the issuer's 1-for-8 reverse stock split completed on September 6, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing simply reports a standard transaction. The director taking stock instead of cash is a slightly positive signal.

Positives

• A director choosing to receive stock in lieu of cash compensation could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures for insider transactions and are common in the space technology industry.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence from a company director.

Key Dates