Form 4: BlackSky Technology Inc. Executive Christiana L. Lin Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Christiana L. Lin, General Counsel & CAO of BlackSky Technology Inc., reports the disposal of 10,104 shares to cover tax obligations related to vested restricted stock units.
Summary
- On June 10, 2024, Christiana L. Lin, General Counsel & CAO of BlackSky Technology Inc., disposed of 10,104 shares of Class A Common Stock.
- The disposal was not a market transaction but rather shares withheld by the issuer to satisfy tax withholding obligations related to the net settlement of vested restricted stock units (RSUs).
- The price per share was $1.07.
- Following the transaction, Lin directly owns 1,630,471 shares of BlackSky Technology Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for companies to withhold shares to cover these obligations when RSUs vest.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: Disposal of shares for tax obligations. |
| 06/11/2024 | Date of signature for the report. |
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