BlackSky (BKSY) director takes 805 shares instead of cash fee

Rhea-AI Filing Summary

Gordon Susan M. reported acquisition or exercise transactions in this Form 4 filing.

BlackSky Technology Inc. director Susan M. Gordon received a grant of 805 shares of Class A Common Stock as stock compensation in lieu of cash for the quarter ended June 30, 2026, under the company’s Outside Director Compensation Policy. The shares were calculated using the closing share price on June 30, 2026. Following this award, she holds 77,279 Class A shares directly, including certain holdings structured as RSUs that will deliver one share each if their vesting conditions are met.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gordon Susan M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	805	$0.00	--

Holdings After Transaction: Class A Common Stock — 77,279 shares (Direct, null)

Footnotes (1)

1. These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended June 30, 2026. The number of shares awarded in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on June 30, 2026. Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

Key Figures

Share grant: 805 shares Price basis: Closing price on June 30, 2026 Holdings after transaction: 77,279 shares +1 more

4 metrics

Share grant 805 shares Equity compensation for quarter ended June 30, 2026

Price basis Closing price on June 30, 2026 Used to convert cash fee into shares

Holdings after transaction 77,279 shares Total Class A Common Stock directly held after grant

Transaction price per share $0.0000 Grant/award with no cash paid by reporting person

Key Terms

Outside Director Compensation Policy, Class A Common Stock, RSUs, contingent right

4 terms

Outside Director Compensation Policy financial

"the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Outside Director Compensation Policy"

Class A Common Stock financial

"These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

RSUs financial

"Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

contingent right financial

"Each RSU represents a contingent right to receive one share of Class A Common Stock"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:56 PM Accepted by SEC EDGAR 06/30/2026 - 04:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gordon Susan M.

(Last) (First) (Middle)

C/O BLACKSKY TECHNOLOGY INC.,

2411 DULLES CORNER PARK, SUITE 300

(Street)

HERNDON VIRGINIA 20171

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BlackSky Technology Inc. [ BKSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2026		A		805(1)	A	$0	77,279(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended June 30, 2026. The number of shares awarded in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on June 30, 2026.

2. Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

Remarks:

	/s/ Christiana L. Lin, attorney-in-fact on behalf of Susan M. Gordon	06/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did BlackSky (BKSY) director Susan M. Gordon report in this Form 4?

Susan M. Gordon reported receiving 805 shares of BlackSky Class A Common Stock as a grant. The shares were awarded as stock compensation for the quarter ended June 30, 2026, instead of cash, under the company’s Outside Director Compensation Policy.

How many BlackSky (BKSY) shares does Susan M. Gordon hold after this transaction?

After the 805-share grant, Susan M. Gordon holds 77,279 shares of BlackSky Class A Common Stock directly. This figure includes certain holdings structured as RSUs, which convert into shares only if specified vesting conditions and schedules are satisfied.

Was the BlackSky (BKSY) Form 4 transaction an open-market purchase or sale?

The transaction was not an open-market trade; it was a grant or award. Gordon received 805 shares as equity compensation in lieu of cash under BlackSky’s Outside Director Compensation Policy, so no shares were bought or sold on the open market.

How was the number of shares determined for Susan M. Gordon’s BlackSky (BKSY) award?

The 805-share award was calculated using the closing price of BlackSky Class A Common Stock on June 30, 2026. That closing price was used to convert the quarter’s cash compensation amount into an equivalent number of shares under the director compensation program.

What are the RSUs mentioned in Susan M. Gordon’s BlackSky (BKSY) filing?

The filing notes that certain securities are RSUs, each representing a contingent right to one share of Class A Common Stock. These RSUs only settle into actual shares if the applicable vesting schedules and conditions stated in the RSU agreements are met.