BlackSky counsel sells 13,052 shares for tax withholding
Rhea-AI Filing Summary
BlackSky Technology Inc. (BKSY) reported that Christiana L. Lin, General Counsel & CAO, sold 13,052 shares of Class A Common Stock on September 11, 2026, at a weighted-average price of $20.95 per share to cover statutory tax withholding obligations on vesting RSUs, which is not a discretionary sale. Following this transaction, Lin directly holds 427,680 shares, including Restricted Stock Units that each represent a contingent right to receive one share, subject to vesting conditions.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 13,052 shares
Net Sell
1 txn
Insider
Lin Christiana L
Role
General Counsel & CAO
Sold
13,052 shs ($273K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 13,052 | $20.95 | $273K |
Holdings After Transaction:
Class A Common Stock — 427,680 shares (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. This transaction was executed in multiple trades at prices ranging from $20.60 to $21.34. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. 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 sold: 13,052 shares
Weighted-average sale price: $20.95 per share
Sale price range: $20.60–$21.34 per share
+1 more
4 metrics
Shares sold
13,052 shares
Class A Common Stock sold on September 11, 2026 to cover tax withholding
Weighted-average sale price
$20.95 per share
Average price for shares sold on September 11, 2026
Sale price range
$20.60–$21.34 per share
Range of individual trade prices within the September 11, 2026 transaction
Shares held after transaction
427,680 shares
Direct holdings of Christiana L. Lin following the September 11, 2026 sale
Key Terms
Restricted Stock Units (RSUs), statutory tax withholding obligations, weighted-average price
3 terms
Restricted Stock Units (RSUs) financial
"Certain of these securities are RSUs. Each RSU represents a contingent right"
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BKSY disclose for Christiana L. Lin?
BKSY disclosed that Christiana L. Lin sold 13,052 shares of Class A Common Stock on September 11, 2026, at a weighted-average price of $20.95 per share, in connection with RSU vesting and related statutory tax withholding obligations.
Was the BKSY insider sale by Christiana L. Lin a discretionary trade?
No. The filing states the 13,052 shares were sold to cover statutory tax withholding obligations arising from RSU vesting and "does not represent a discretionary sale" by Christiana L. Lin.
What price range applied to the BKSY insider sale on September 11, 2026?
The transaction was executed in multiple trades at prices ranging from $20.60 to $21.34 per share. The reported $20.95 per share is the weighted-average sale price across those trades.
Were Rule 10b5-1 trading plans involved in this BKSY Form 4?
No. The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the September 11, 2026 sale was executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.