BKSY.NYSEBlacksky Technology INC

4/A: BlackSky Technology Inc. Executive Corrects Stock Ownership Reporting

Sentiment:

SEC Form 4/A (Amendment)

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Christiana L. Lin, General Counsel & CAO of BlackSky Technology Inc., files an amended Form 4 to correct the number of restricted stock units (RSUs) previously reported.

Summary

  • Christiana L. Lin, General Counsel & CAO of BlackSky Technology Inc., filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the number of restricted stock units (RSUs) reported in the original filing on September 12, 2023.
  • The corrected filing shows Lin beneficially owns 1,692,353 shares of Class A Common Stock, including 1,181,102 RSUs.
  • The RSUs vest over time, with one-fourth vesting on September 10, 2024, and the remainder vesting quarterly thereafter, subject to continued service.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing. It doesn't indicate any fundamental changes in the company's financial health or prospects, but transparency is generally viewed positively.

Industry Context

This filing is a routine disclosure related to executive stock ownership and is required by the SEC to ensure transparency in insider transactions.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders regarding executive stock ownership.

Key Dates

DateDescription
09/10/2023Date of earliest transaction reported.
09/11/2023Date of original Form 4 filing.
09/12/2023Date of original Form 4 filing with incorrect RSU numbers.
09/10/2024First vesting date for one-fourth of the RSUs.
03/05/2024Date of amended filing.

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