Satellogic (SATL) insider sales: 194,735 shares sold over 3 months

Rhea-AI Filing Summary

Form 144 submitted for Satellogic Inc. (SATL) reports a proposed sale of 1,149 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $4,308.75.

The filing shows the shares were acquired as founder stock on 01/26/2022 and paid for in cash. The filer also reported four separate common-stock sales in the past three months totaling 194,735 shares for gross proceeds of $730,654.01. The company’s total shares outstanding are listed as 94,985,681, making the recent disposals a small fraction of outstanding equity.

Positive

• None.

Negative

• Multiple insider sales in the past three months totaling 194,735 shares for $730,654.01, which may draw investor scrutiny
• Filer is a founder (founder stock sold), which can be perceived negatively by some investors despite small percentage of outstanding shares

Insights

Financial Analyst

TL;DR: Insider founder stock disposals occurred recently but represent a small percentage of total outstanding shares.

The filer proposes to sell 1,149 shares valued at $4,308.75 and previously sold 194,735 shares over the prior three months for $730,654.01 in aggregate. Against 94,985,681 shares outstanding, these transactions are immaterial from a dilution standpoint. However, clustered insider sales can attract investor attention; absence of other context in the filing prevents assessment of motive or broader financial impact.

Corporate Governance Expert

TL;DR: Multiple recent insider sales are disclosed; filing contains required representations but no additional explanatory detail.

The notice confirms the securities were founder shares acquired in 2022 and that the filer represents no undisclosed material adverse information. The filing is procedurally complete but lacks commentary on any trading plan or intent beyond the sales listing, limiting governance insights. For investors, the record of recent sales is factual but not necessarily material given company size.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1149	4308.75	94985681	09/09/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/26/2022	Founder Stock	Issuer			1149	01/26/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
EMILIANO KARGIEMAN 210 Delburg Street Davidson NC 28036	Common	09/03/2025	76685	287967.51
EMILIANO KARGIEMAN 210 Delburg Street Davidson NC 28036	Common	08/29/2025	29770	111637.50
EMILIANO KARGIEMAN 210 Delburg Street Davidson NC 28036	Common	08/27/2025	15191	56966.25
EMILIANO KARGIEMAN 210 Delburg Street Davidson NC 28036	Common	08/26/2025	73089	274083.75

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for SATL disclose about the proposed sale?

The form discloses a proposed sale of 1,149 common shares via Morgan Stanley Smith Barney valued at $4,308.75 on NASDAQ.

How many shares did the filer sell in the past three months for SATL?

The filer reported four sales totaling 194,735 shares with aggregate gross proceeds of $730,654.01.

When and how were the shares being sold acquired?

The shares to be sold were acquired as founder stock on 01/26/2022 and the payment method is listed as cash.

What is the company’s shares outstanding figure in the filing?

The filing lists 94,985,681 shares outstanding.

Does the filing state any undisclosed material information about SATL?

By signing, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.