Satellogic (SATL) Form 144 Files Proposed Sale of 76,685 Founder Shares

Rhea-AI Filing Summary

Form 144 notice for Satellogic Inc. (SATL) reporting a proposed sale of 76,685 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $287,967.51 and an approximate sale date of 09/03/2025. The shares were acquired as founder stock on 01/26/2022 and the filer indicates payment in cash. The filing also discloses three recent sales by the same person in August 2025 totaling 118,050 shares for gross proceeds of $441,687.50. The notice includes the required certification that the seller is unaware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR Insider proposes to sell 76,685 founder shares via an institutional broker; recent August sales totaling 118,050 shares were reported.

The filing documents a Rule 144 notice for the sale of 76,685 common shares valued at $287,967.51, to be executed through Morgan Stanley Smith Barney on or about 09/03/2025. The shares were acquired as founder stock on 01/26/2022 and paid in cash. The filing also summarizes three August 2025 transactions by the same individual totaling 118,050 shares for $441,687.50. From a market-impact perspective, these volumes represent a small fraction of the stated 94,985,681 shares outstanding, suggesting limited dilutive effect. The disclosure meets regulatory requirements and provides transparency on insider activity.

Corporate Governance Expert

TL;DR Proper Rule 144 disclosure and seller certification are present; recent insider sales are documented but not evidently material to capital structure.

The Form 144 includes required seller representations and a signature statement attesting no undisclosed material adverse information. It identifies the broker, the class of security, acquisition date and nature (founder stock), and prior sales in August 2025. Given the aggregate shares reported relative to the issuer's outstanding shares, the transactions appear routine from a governance compliance standpoint. The filing strengthens public transparency about insider dispositions.

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	76685	287967.51	94985681	09/03/2025	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			76685	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	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 SATL Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 76,685 common shares through Morgan Stanley Smith Barney with an aggregate market value of $287,967.51, approx. sale date 09/03/2025.

When and how were the shares being sold acquired according to the filing?

The shares were acquired as founder stock on 01/26/2022, and the filing indicates cash was the nature of payment.

Did the filer report other recent sales of SATL shares?

Yes. The filing lists three sales in August 2025 totaling 118,050 shares for gross proceeds of $441,687.50.

Which broker is handling the proposed sale in the Form 144?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

How many SATL shares outstanding does the filing show?

The filing lists 94,985,681 shares outstanding.