BlackSky (NYSE: BKSY) SVP RSU tax withholding of 803 shares

Rhea-AI Filing Summary

BlackSky Technology Inc. SVP & Controller Tracy Ward reported a routine tax-related share disposition. On this Form 4, 803 shares of Class A Common Stock were withheld by the company at $24.00 per share to cover taxes on vested RSUs, and are explicitly described as not a market transaction. After this withholding, Ward directly holds 42,923 shares of BlackSky Class A Common Stock.

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

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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^*

Ward Tracy

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		F(1)		803	D	$24	42,923(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. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units (RSUs) and not a market transaction.

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 Tracy Ward	03/12/2026
	** 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.

FAQ

What insider transaction did BlackSky (BKSY) report for Tracy Ward?

BlackSky reported that SVP & Controller Tracy Ward had 803 shares of Class A Common Stock withheld to cover tax obligations on vested RSUs. This is a routine administrative adjustment, not an open-market trade or discretionary stock sale.

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

No, the Form 4 states the 803 shares were withheld by BlackSky to satisfy tax withholding and remittance obligations on vested RSUs. The footnote clarifies this was not a market transaction, but an automatic share reduction for taxes.

How many BlackSky (BKSY) shares were involved and at what price?

The filing shows 803 shares of BlackSky Class A Common Stock were withheld at a price of $24.00 per share. These shares were used to pay taxes owed on restricted stock units that had vested under Ward’s compensation program.

How many BlackSky (BKSY) shares does Tracy Ward hold after this Form 4?

After the tax-withholding disposition of 803 shares, Tracy Ward directly holds 42,923 shares of BlackSky Class A Common Stock. This figure reflects Ward’s reported direct ownership position following the routine RSU-related tax settlement.

What does transaction code "F" mean in the BlackSky (BKSY) Form 4?

Transaction code “F” indicates a disposition of shares to pay an exercise price or tax liability. In this case, 803 shares were withheld by BlackSky to satisfy tax obligations arising from net settlement of vested RSUs, rather than being sold in the market.

What are RSUs referenced in the BlackSky (BKSY) insider filing?

The footnotes explain that certain securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. Delivery of shares occurs only when RSUs vest under their specific schedules and conditions.