[144] BlackSky Technology Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for BlackSky Technology Inc. (BKSY): The filing reports a proposed sale of 24,036 shares of Class A common stock, acquired on 09/10/2025 upon vesting of restricted stock units and to be sold through Morgan Stanley Smith Barney LLC on the NYSE around 09/11/2025. The filing lists an aggregate market value of $419,428.20 based on the proposed sale and shows 35,565,861 shares outstanding, implying the shares to be sold represent roughly 0.07% of outstanding stock. The filer indicates no securities sold in the past three months and affirms they have no material nonpublic information. The payment/nature of acquisition is listed as equity compensation from the issuer.

Positive

• Transparent disclosure of intended sale including broker, share count, and aggregate value
• No sales in the past three months, reducing likelihood of a pattern of frequent insider disposals
• Acquisition via equity compensation (RSU vesting) indicates proceeds relate to routine employee compensation realization

Negative

• Insider sale — even if small, some investors may view any insider selling unfavorably

Insights

Securities Analyst

TL;DR: Small insider sale via vested RSUs; limited market impact given size relative to outstanding shares.

The filing documents a routine Form 144 notifying the market of an intended sale of 24,036 shares acquired through RSU vesting the day before the proposed sale. At an aggregate market value of $419,428.20 versus 35.6 million shares outstanding, the position is immaterial in size (~0.07%). There are no reported sales in the prior three months, which limits pattern-based inferences. From a trading-impact perspective, this is a standard disclosure to satisfy Rule 144 and is unlikely to move the stock price absent other news.

Corporate Governance Expert

TL;DR: The filing reflects standard insider reporting for equity compensation; disclosure aligns with compliance expectations.

The submission shows the securities were acquired by the filer from the issuer as equity compensation and that the sale will be executed through a broker on the NYSE. The filer explicitly represents they are not aware of undisclosed material information, and the form includes the customary attestation language regarding trading plans and Rule 10b5-1. This is a routine governance disclosure fulfilling regulatory requirements rather than signaling significant governance change.

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	24036	419428.2	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 Commone Stock	09/10/2025	Restricted Share Units Vesting - See Remarks.	Issuer			24036	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 the BKSY Form 144 report?

The filing reports a proposed sale of 24,036 Class A shares acquired via RSU vesting on 09/10/2025, to be sold through Morgan Stanley on the NYSE around 09/11/2025.

How much are the shares worth in aggregate on the Form 144?

The aggregate market value reported for the proposed sale is $419,428.20.

What percentage of outstanding shares does this proposed sale represent for BKSY?

The filing lists 35,565,861 shares outstanding; the proposed sale of 24,036 shares is about 0.07% of outstanding shares.

Were any shares sold by the filer in the past three months?

The Form 144 indicates "Nothing to Report" for securities sold during the past three months.

How were the shares acquired according to the filing?

The shares were acquired on 09/10/2025 through Restricted Share Units vesting and the payment/nature of acquisition is listed as equity compensation.