BlackSky director receives stock compensation of 1,200 shares

BlackSky Technology Inc. director Susan M. Gordon reported receiving 1,200 shares of Class A common stock on 12/31/2025.

Rhea-AI Filing Summary

BlackSky Technology Inc. director Susan M. Gordon reported receiving 1,200 shares of Class A common stock on 12/31/2025. This stock was taken instead of cash fees under the company’s Outside Director Compensation Policy for the quarter ended December 31, 2025, with the number of shares based on the closing share price that day. Following this award, she beneficially owns 75,580 shares of Class A common stock in direct ownership.

Insider Trade Summary

Grant/Award: 1,200 shares

Grant/Award 1 txn

Insider Gordon Susan M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,200	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 75,580 shares (Direct)

Footnotes (1)

1. F1. 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 December 31, 2025. 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 December 31, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BlackSky (BKSY) disclose in this Form 4?

The filing shows that director Susan M. Gordon received 1,200 shares of BlackSky Class A common stock on 12/31/2025 as compensation.

Why did Susan M. Gordon receive 1,200 BKSY shares instead of cash?

She elected to receive Class A Common Stock in lieu of cash compensation under BlackSky’s Outside Director Compensation Policy for the quarter ended December 31, 2025.

How was the number of 1,200 BlackSky shares calculated for the director?

The 1,200-share award was calculated based on the closing price of BlackSky Class A common stock on December 31, 2025.

How many BlackSky (BKSY) shares does the director own after this transaction?

After the reported transaction, Susan M. Gordon beneficially owns 75,580 shares of BlackSky Class A common stock, held in direct ownership.

What type of security was involved in this BlackSky Form 4 filing?

The transaction involved Class A Common Stock of BlackSky Technology Inc., reported in the non-derivative securities table.

Was there any cash involved in this BlackSky director stock transaction?

The table reports the transaction price as $0 per share because the 1,200 shares were issued as stock in lieu of cash compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/02/2026 - 01:07 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 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)
12/31/2025

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	12/31/2025		A		1,200(1)	A	$0	75,580	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 December 31, 2025. 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 December 31, 2025.

Remarks:

	/s/ Christiana L. Lin, attorney-in-fact on behalf of Susan M. Gordon	01/02/2026
	** 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.