Form 4: BlackSky Director William D. Porteous Reports Acquisition of Shares in Lieu of Cash Compensation

Director William D. Porteous acquired 2,085 shares of BlackSky Technology Inc. Class A Common Stock in lieu of cash compensation for the quarter ended December 31, 2024.

Summary

• On December 31, 2024, William D. Porteous, a director of BlackSky Technology Inc., acquired 2,085 shares of Class A Common Stock.
• The acquisition was made in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended December 31, 2024.
• The number of shares was calculated based on the closing price of Class A Common Stock on December 31, 2024.
• Following the transaction, Porteous directly owns 60,447 shares of Class A Common Stock.
• Porteous also indirectly owns 719,881 shares through RRE Ventures IV, L.P., where he is a managing member and officer of the general partner.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates