Form 4: BlackSky Technology Inc. Executive Tracy Ward Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Tracy Ward, Principal Accounting Officer at BlackSky Technology Inc., reports the disposal of 1,716 shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 10, 2024, Tracy Ward, the Principal Accounting Officer of BlackSky Technology Inc., filed a Form 4 to report changes in beneficial ownership of the company's stock.
- The reported transaction involved the disposal of 1,716 shares of Class A Common Stock at a price of $1.45 per share.
- These shares were withheld by BlackSky Technology Inc. to satisfy tax withholding and remittance obligations related to the net settlement of vested restricted stock units (RSUs).
- Following the transaction, Tracy Ward directly owns 326,632 shares of BlackSky Technology Inc.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting a routine transaction for tax purposes. It doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to vested equity compensation.
Key Dates
| Date | Description |
|---|---|
| 12/12/2023 | Date of signature by attorney-in-fact. |
| 03/10/2024 | Date of transaction: disposal of shares to cover tax obligations. |
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