[Form 4] BlackSky Technology Inc. Insider Trading Activity

Rhea-AI Filing Summary

David DiDomenico, a director of BlackSky Technology Inc. (BKSY), was awarded 8,625 restricted stock units (RSUs) on 09/11/2025 under the company’s Outside Director Compensation Policy. Each RSU converts into one share of Class A common stock and the award vests in full on the earlier of the one-year anniversary of the award or the company’s next annual meeting, subject to continued board service. After the grant, Mr. DiDomenico directly beneficially owns 173,290 shares of Class A common stock and indirectly beneficially owns 31,727 shares through the David M. DiDomenico 2012 Irrevocable Trust and 31,727 shares through the Olivia W. Douglas 2012 Irrevocable Trust, for which he is a trustee. The RSUs were reported at a $0 per-share acquisition price consistent with compensation awards.

Positive

• Director alignment: 8,625 RSUs awarded to a director strengthens alignment between management and shareholders upon vesting
• Clear disclosure of indirect holdings: 31,727 shares held in each of two irrevocable trusts with the reporting person as trustee, improving ownership transparency
• Standard vesting terms: RSUs vest on the earlier of one year or the next annual meeting, providing a clear timeline for potential share issuance

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation grant; aligns director incentives with shareholders without indicating material change to control.

The reported 8,625 RSU award appears to be a standard outside-director equity grant under the issuer’s compensation policy and vests based on continued service or the next annual meeting. This type of grant is common to retain and align non-employee directors. The filing shows no sale or disposition and no change to control. Indirect holdings via two irrevocable trusts are disclosed, clarifying beneficial ownership structure. From a governance perspective, the disclosure is complete and appropriate for Section 16 reporting.

Securities Analyst

TL;DR: Minor, non-cash equity grant with limited market impact; ownership increases modestly for a director.

The 8,625 RSUs increase the director’s direct economic stake upon vesting but represent a modest change relative to reported direct holdings of 173,290 shares. The grant price is reported as $0, reflecting compensation treatment rather than a market purchase. No derivative transactions or dispositions are reported. For investors, this filing signals standard compensation and alignment rather than a material operational or financial development.

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
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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^*

DiDomenico David

(Last) (First) (Middle)

C/O BLACKSKY TECHNOLOGY INC.

2411 DULLES CORNER PARK, SUITE 300

(Street)

HERNDON VA 20171

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

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

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

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

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	09/11/2025		A		8,625(1)	A	$0	173,290	D
Class A Common Stock								31,727	I	See footnote.(2)
Class A Common Stock								31,727	I	See footnote(3)

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 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.

2. These shares are held by the David M. DiDomenico 2012 Irrevocable Trust, for which the Reporting Person is a trustee.

3. These shares are held by the Olivia W. Douglas 2012 Irrevocable Trust, for which the Reporting Person is a trustee.

Remarks:

	/s/ Christiana L. Lin, attorney-in-fact on behalf of David DiDomenico	09/11/2025
	** 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.

FAQ

What did BKSY director David DiDomenico acquire on 09/11/2025?

He was awarded 8,625 restricted stock units (RSUs), each convertible into one share of Class A common stock, as director compensation.

When do the RSUs awarded to David DiDomenico vest?

They vest in full on the earlier of the one-year anniversary of the award or the issuer's next annual meeting of stockholders, subject to continued board service.

How many Class A shares does David DiDomenico beneficially own after the reported transaction?

He directly beneficially owns 173,290 shares and indirectly beneficially owns 31,727 shares in each of two irrevocable trusts.

Was any cash paid for the RSU award?

The transaction is reported with a per-share price of $0, consistent with an equity compensation grant rather than a cash purchase.

Does the Form 4 report any dispositions or derivative transactions for Mr. DiDomenico?

No. The filing reports an acquisition of RSUs and discloses existing direct and indirect share holdings; no derivatives or sales are reported.