Form 4: BlackSky Technology Inc. Director Acquires Shares in Lieu of Cash Compensation

Director Susan M. Gordon acquired 16,544 shares of BlackSky Technology Inc. Class A Common Stock in lieu of cash compensation for the quarter ended March 31, 2024.

Summary

• On March 31, 2024, Susan M. Gordon, a director of BlackSky Technology Inc., acquired 16,544 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 March 31, 2024.
• The number of shares was calculated based on the closing price of Class A Common Stock on March 29, 2024.
• Following the transaction, Ms. Gordon directly owns 277,363 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is a routine part of director compensation. It doesn't indicate any major positive or negative development for the company.

Positives

• A director's decision to take shares in lieu of cash compensation could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, especially in growth-oriented companies. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

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

Key Dates