STOCK TITAN

SATL insider resale notice: 22,692 shares via Morgan Stanley

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Satellogic Inc. (SATL) submitted a Form 144 reporting a proposed sale of 22,692 common shares held as restricted stock acquired from the issuer on 09/20/2024. The filing lists the broker as Morgan Stanley Smith Barney LLC and shows an aggregate market value of $86,229.60 for the shares, with an approximate sale date of 09/24/2025. The filing states there were 105,568,323 shares outstanding, and discloses no sales by the same person in the prior three months. The registrant certifies no undisclosed material adverse information and provides the customary Rule 144 representations.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine Rule 144 notice for a modest planned sale; unlikely to be material to the company.

The filing documents a planned resale of restricted common stock acquired from the issuer on 09/20/2024. The position represents 22,692 shares with an aggregate market value of $86,229.60 against 105,568,323 shares outstanding, indicating the transaction is immaterial to the company’s capitalization. The use of a major broker and the three-month sales disclosure suggest compliance with resale rules. No prior three-month sales are reported, and the filer affirms absence of undisclosed material information.

TL;DR: Disclosure aligns with Rule 144 requirements; demonstrates procedural transparency but flags an insider-originated resale.

The notice shows the securities were originally issued as restricted stock by the issuer and are now proposed for resale through Morgan Stanley Smith Barney LLC. The document includes the standard attestation regarding material information and indicates no aggregated sales in the prior three months. While the filing itself is a routine compliance disclosure, it notifies stakeholders of an insider-related sale timetable and provides necessary broker and volume detail for market monitoring.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does SATL Form 144 report?

The filing reports a proposed sale of 22,692 common shares acquired as restricted stock on 09/20/2024 with an aggregate market value of $86,229.60 and an approximate sale date of 09/24/2025.

Through which broker will the SATL shares be sold?

The broker listed is Morgan Stanley Smith Barney LLC located at 1 New York Plaza, New York, NY.

How many SATL shares are outstanding according to the filing?

The filing states there are 105,568,323 shares outstanding.

Were any SATL shares sold by the filer in the past three months?

The filing reports Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

What does the filer attest regarding material information?

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