Form 4: BlackSky Director William D. Porteous Reports Changes in Beneficial Ownership

Director William D. Porteous reports acquisition of Class A Common Stock in lieu of cash compensation and indirect ownership through RRE Ventures IV, L.P.

Summary

• On March 31, 2025, William D. Porteous, a director of BlackSky Technology Inc., acquired 2,910 shares of Class A Common Stock.
• These shares were received in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended March 31, 2025.
• The number of shares was calculated based on the closing price of Class A Common Stock on March 31, 2025.
• Following the transaction, Porteous directly owns 63,357 shares of Class A Common Stock.
• Porteous also indirectly owns 719,881 shares through RRE Ventures IV, L.P.
• He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock ownership changes. The director taking stock in lieu of cash is a mildly positive signal.

Positives

• Director's decision to take shares in lieu of cash demonstrates confidence in the company's future.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor sentiment.

Key Dates

Keywords

BlackSky Technology Inc., William D. Porteous, Class A Common Stock, Beneficial Ownership, Director Compensation, RRE Ventures IV, L.P.