STOCK TITAN

BlackSky (NYSE: BKSY) GC uses 12,001-share sale to cover RSU taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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, null); Options (Right To Buy) — 162,512 shares (Direct, null)
Footnotes (1)
  1. 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. 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. 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.
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
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"
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.
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SEC Form 4
FORM 4UNITED 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*
Lin Christiana L

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/10/2026S12,001(1)D$34.1440,732(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (Right To Buy)$9.23 (3)03/10/2035Class A Common Stock162,512162,512D
Explanation of Responses:
1. 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.
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.
3. 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.
Remarks:
/s/ Christiana L. Lin06/12/2026
** Signature of Reporting PersonDate
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 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.

At what price were BlackSky (BKSY) shares sold in Christiana Lin’s Form 4?

The Form 4 shows 12,001 shares of BlackSky Class A Common Stock sold at a weighted-average price of $34.10 per share. Footnotes clarify this sale was to satisfy statutory tax withholding obligations triggered by RSU vesting.

How many BlackSky (BKSY) shares does Christiana Lin hold after this Form 4?

Following the tax-related sale, Christiana L. Lin directly holds 440,732 shares of BlackSky Class A Common Stock. The Form 4 lists this figure as her total direct ownership after the June 10, 2026 transaction reported in the filing.

Were Christiana Lin’s BlackSky (BKSY) share sales discretionary trades?

The filing states the 12,001 shares sold were to cover statutory tax withholding obligations from vesting RSUs. It explicitly notes the sale “does not represent a discretionary sale” by Christiana L. Lin, indicating the transaction was driven by tax requirements.

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.