BlackSky (NYSE: BKSY) director awarded 805 shares in lieu of cash fees

Rhea-AI Filing Summary

Abraham Magid M reported acquisition or exercise transactions in this Form 4 filing.

BlackSky Technology Inc. director Abraham Magid received a grant of 805 shares of Class A Common Stock as compensation for his board service for the quarter ended June 30, 2026. The shares were taken in lieu of cash under the company’s Outside Director Compensation Policy and were valued using the June 30, 2026 closing price.

The award was recorded at a price of $0.0000 per share in the Form 4 because it is a compensation grant, not an open-market purchase. After this grant, Magid directly holds 65,652 shares of Class A Common Stock, including certain RSUs that will deliver shares only if their vesting conditions are met.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Abraham Magid M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	805	$0.00	--

Holdings After Transaction: Class A Common Stock — 65,652 shares (Direct, null)

Footnotes (1)

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 June 30, 2026. 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 June 30, 2026. 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.

Key Figures

Shares granted: 805 shares Grant price per share: $0.0000 per share Total shares after transaction: 65,652 shares

3 metrics

Shares granted 805 shares Class A Common Stock compensation grant for quarter ended June 30, 2026

Grant price per share $0.0000 per share Reported value for non-cash compensation grant

Total shares after transaction 65,652 shares Director’s direct holdings following the grant

Key Terms

Outside Director Compensation Policy, RSUs, Class A Common Stock

3 terms

Outside Director Compensation Policy financial

"under the Issuer's Outside Director Compensation Policy for the quarter ended June 30, 2026"

RSUs financial

"Certain of these securities are RSUs. Each RSU represents a contingent right"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Class A Common Stock financial

"These shares represent the Class A Common Stock that the Reporting Person elected to receive"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:55 PM Accepted by SEC EDGAR 06/30/2026 - 04:55 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^*

Abraham Magid M

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2026		A		805(1)	A	$0	65,652(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. 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 June 30, 2026. 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 June 30, 2026.

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 Magid M. Abraham	06/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did BlackSky (BKSY) director Abraham Magid report on this Form 4?

Director Abraham Magid reported receiving 805 shares of Class A Common Stock as a compensation grant. These shares were taken instead of cash for the quarter ended June 30, 2026 under the Outside Director Compensation Policy.

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

No, the Form 4 shows a grant of 805 shares with a reported price of $0.0000 per share. It reflects stock compensation in lieu of cash, not an open-market purchase, so no cash was paid by the director for these shares.

How many BlackSky (BKSY) shares does Abraham Magid hold after this grant?

After the compensation grant, Abraham Magid directly holds 65,652 shares of BlackSky Class A Common Stock. This total includes certain RSUs, which represent rights to receive shares in the future if vesting conditions are satisfied.

Why did BlackSky (BKSY) grant shares instead of cash to its director?

The filing states that Magid elected to receive Class A Common Stock instead of cash under BlackSky’s Outside Director Compensation Policy. The number of shares was determined using the Class A Common Stock closing price on June 30, 2026.

What are the RSUs mentioned in the BlackSky (BKSY) Form 4 footnotes?

The footnotes explain that certain securities are RSUs, with each RSU representing a contingent right to one Class A Common share. These RSUs will convert into shares only if their specific vesting schedules and conditions are met.