BKSY Form 4: Director Abraham Magid Granted 8,625 RSUs
Abraham Magid M, a director of BlackSky Technology Inc. (BKSY), reported receipt of 8,625 restricted stock units (RSUs) on 09/11/2025 as director compensation.
Rhea-AI Filing Summary
Abraham Magid M, a director of BlackSky Technology Inc. (BKSY), reported receipt of 8,625 restricted stock units (RSUs) on 09/11/2025 as director compensation. Each RSU represents a contingent right to one share of Class A common stock and was granted under the companys Outside Director Compensation Policy. Following the award, the reporting person beneficially owns 61,637 shares. The RSUs vest in full on the earlier of the one-year anniversary of the award or the issuers next annual meeting, subject to continued board service. The Form 4 was signed by an attorney-in-fact on behalf of Magid M. Abraham on 09/11/2025.
Positive
- Director alignment with shareholders: Reporting person received equity compensation (8,625 RSUs) that vests into Class A shares, increasing beneficial ownership to 61,637 shares.
- Standard governance treatment: RSUs were granted under the companys Outside Director Compensation Policy with clear, time-based vesting conditions (one-year anniversary or next annual meeting).
Negative
- None.
Insights
TL;DR: Director received 8,625 RSUs as routine compensation, increasing beneficial ownership to 61,637 shares.
The filing documents a non-derivative grant of 8,625 restricted stock units to a board director under the Outside Director Compensation Policy. The RSUs convert to Class A common shares on vesting and are subject to a standard service-based vesting condition (earlier of one-year anniversary or next annual meeting). This is a customary, non-cash compensation event that increases insider alignment with shareholders but does not involve cash proceeds or options exercise.
TL;DR: Compensation-related equity award with time-based vesting; appears routine and governance-compliant.
The disclosure indicates the award follows the companys Outside Director Compensation Policy and includes typical vesting tied to continued board service. The signature by an attorney-in-fact is noted. There is no indication of accelerated vesting, related-party transactions beyond director status, or derivative instruments. From a governance perspective, this filing reflects standard director equity compensation and increased insider shareholding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,625 | $0.00 | $0.00 |
Footnotes (1)
- F1. These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs are awarded in connection with the Company's Outside Director Compensation Policy and will vest in full upon the earlier of the one-year anniversary of the award date or the date of the Issuer's next annual meeting of the stockholders, in each case subject to the Reporting Person's continued service on the Issuer's board of directors through the applicable vesting date.
FAQ
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What did BlackSky (BKSY) director Abraham Magid report on Form 4?
When do the RSUs granted to Magid vest?
Are the reported securities common stock or derivatives?
Did the Form 4 indicate any sale or cash proceeds from the transaction?
Who signed the Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.