BlackSky GC covers taxes via 12,001-share sale
BlackSky Technology Inc. General Counsel & CAO Christiana L. Lin reported an automatic sale of 12,001 shares of Class A Common Stock on June 10, 2026 at a weighted-average price of $34.10 per share.
Rhea-AI Filing Summary
BlackSky Technology Inc. General Counsel & CAO Christiana L. Lin reported an automatic sale of 12,001 shares of Class A Common Stock on June 10, 2026 at a weighted-average price of $34.10 per share. According to the footnotes, these shares were sold solely to cover statutory tax withholding obligations related to vesting Restricted Stock Units, rather than as a discretionary sale. After this transaction, Lin directly holds 440,732 shares of Class A Common Stock and has outstanding options covering 162,512 shares at an exercise price of $9.23 per share, expiring on March 10, 2035.
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Insider Trade Summary
Net Seller: 12,001 shares
Net Sell
2 txns
Insider
Lin Christiana L
Role
General Counsel & CAO
Sold
12,001 shs ($409K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,001 | $34.10 | $409K |
| holding | Options (Right To Buy) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 440,732 shares (Direct);
Options (Right To Buy) — 162,512 contracts (Direct)
Footnotes (3)
- F1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs) and does not represent a discretionary sale by the Reporting Person. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold.
- F2. 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.
- F3. This holding report is reflected solely to clarify the vesting schedule set forth in the Form 4 filed on March 12, 2025. Each Option represents a right to purchase the underlying securities of the Issuer reported in Table II. The options are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan. The number of options and exercise price for the options was calculated based on the closing price of a share of BlackSky Technology Inc.'s Class A Common Stock on the New York Stock Exchange on March 10, 2025. One third (1/3rd) of the award vests on March 10, 2026, and thereafter, one thirty-sixth (1/36th) of the award vests or is scheduled to vest monthly on the 10th day of each month, subject to the Reporting Person continuing to be a service provider through the applicable vesting date.
Key Figures
Shares sold for tax withholding: 12,001 shares
Weighted-average sale price: $34.10 per share
Shares held after transaction: 440,732 shares
+3 more
6 metrics
Shares sold for tax withholding
12,001 shares
Class A Common Stock sold on June 10, 2026
Weighted-average sale price
$34.10 per share
Price for 12,001 shares sold to cover taxes
Shares held after transaction
440,732 shares
Direct Class A Common Stock ownership after June 10, 2026
Options underlying shares
162,512 shares
Class A Common Stock underlying options held
Option exercise price
$9.23 per share
Exercise price of options expiring March 10, 2035
Option expiration date
March 10, 2035
Expiration of options under 2021 Equity Incentive Plan
Key Terms
Restricted Stock Units (RSUs), statutory tax withholding obligations, weighted-average price, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
statutory tax withholding obligations financial
"shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs)"
weighted-average price financial
"The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
Equity Incentive Plan financial
"The options are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting schedule financial
"One third (1/3rd) of the award vests on March 10, 2026, and thereafter, one thirty-sixth (1/36th) of the award vests"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BlackSky (BKSY) report for Christiana L. Lin?
BlackSky reported that General Counsel & CAO Christiana L. Lin had 12,001 shares of Class A Common Stock sold on June 10, 2026. The filing states this sale covered statutory tax withholding on vesting RSUs, not a discretionary stock sale.
What stock options does Christiana Lin have according to the BlackSky (BKSY) Form 4?
The Form 4 shows options giving Christiana L. Lin the right to buy 162,512 shares of Class A Common Stock at an exercise price of $9.23 per share. These options expire on March 10, 2035 under BlackSky’s 2021 Equity Incentive Plan.
How are RSUs described in Christiana Lin’s BlackSky (BKSY) Form 4?
The filing explains that certain securities are Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. These RSUs vest over time, subject to specific vesting schedules and continued service conditions for Christiana L. Lin.
AI-generated analysis. How Rhea-AI works. Not financial advice.
