[144] BlackSky Technology Inc. SEC Filing

Rhea-AI Filing Summary

BlackSky Technology Inc. (BKSY) filed a Form 144 reporting a proposed sale of 33,292 shares of Class A common stock through Morgan Stanley Smith Barney LLC on the NYSE with an approximate aggregate market value of $580,945.40. The filing shows the shares were acquired on 09/10/2025 as restricted share units that vested and the intended sale date is 09/11/2025. The payment/consideration for the acquisition is listed as equity compensation. No other sales in the past three months are reported and the filer certifies they are not aware of undisclosed material adverse information about the issuer.

Positive

• Transparent disclosure of the intended sale under Rule 144 including broker, share count, and aggregate value
• Proceeds arise from vested RSUs, indicating the shares were compensation rather than purchased on margin or via loan

Negative

• Insider sale of 33,292 shares may be viewed negatively by some investors, though the filing gives no reason for the sale
• Filing lacks filer role (e.g., officer, director, large shareholder) and details on any trading plan, limiting context for investors

Insights

Securities Analyst

TL;DR: Insider plans to sell vested RSUs: 33,292 shares (~$581k) via Morgan Stanley the day after vesting.

The filing documents a routine disposition of equity compensation: restricted share units vested on 09/10/2025 and the holder intends to sell those 33,292 shares on 09/11/2025 through Morgan Stanley Smith Barney LLC on the NYSE. The notice includes aggregate market value and outstanding share count but does not state the seller's role or motivation. This is a straightforward Rule 144 notice that provides transparency about an insider sale but contains no operational or financial performance details.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 format; transaction arose from compensation vesting and is being executed through a broker.

The form indicates compliance with disclosure requirements for an intended sale of equity compensation. The report confirms the securities were acquired as RSUs from the issuer and that the sale will be broker-assisted. The filing includes the required representation regarding absence of undisclosed material adverse information. It does not identify the filer relationship to the company, any trading plan, or additional context on timing beyond the dates provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza, 8th Floor New York NY 10004	33292	580945.4	35565861	09/11/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	09/10/2025	Restricted Share Units Vesting - See Remarks.	Issuer			33292	09/11/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does BlackSky (BKSY) Form 144 report?

The Form 144 reports a proposed sale of 33,292 Class A shares acquired as restricted share units, with an aggregate market value of $580,945.40, to be sold on 09/11/2025 via Morgan Stanley Smith Barney LLC on the NYSE.

When were the shares acquired and how were they obtained?

The shares were acquired on 09/10/2025 through the vesting of restricted share units; the nature of acquisition is listed as Restricted Share Units Vesting.

Does the filing report any other sales in the past three months for the same person?

No. The section for securities sold during the past three months states Nothing to Report.

Through which broker will the sale be executed?

The sale is listed to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY.

What assurance does the filer give about undisclosed information?

By signing the notice, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.