Satellogic (SATL) CEO adds Class A shares via RSU vesting

Rhea-AI Filing Summary

Satellogic Inc. Chief Executive Officer Emiliano Kargieman increased his direct equity stake through RSU vesting, not open-market trading. On March 20, 2026, 26,483 restricted stock units converted into Class A Common Stock at no exercise price. According to the footnote, 6,418 of these shares were withheld to cover withholding and other taxes, leaving 20,065 net shares delivered to him. Following these compensation-related transactions, Kargieman directly holds 1,363,623 shares of Satellogic Class A Common Stock, remaining a significant shareholder.

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

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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^*

Kargieman Emiliano

(Last) (First) (Middle)

SATELLOGIC INC.

210 DELBURG STREET

(Street)

DAVIDSON NORTH CAROLINA 28036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Satellogic Inc. [ SATL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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	03/20/2026		M		20,065	A	$0	1,363,623	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
Restricted Stock Unit	$0	03/20/2026		M			26,483	(1)	(1)	Class A Common Stock	26,483	$0	344,280	D

Explanation of Responses:

1. On June 23, 2025, Mr. Kargieman was granted 423,729 RSUs. These RSUs vest in equal quarterly installments from June 23, 2025 through June 20, 2029, generally subject to continued employment through each vesting date. On March 20, 2026, 26,483 shares vested of which 6,418 shares were withheld in order to satisfy Mr. Kargieman's obligations for payment of withholding and other taxes due in connection therewith.

Remarks:

	/s/ Rick Dunn, Attorney-in-fact for Emiliano Kargieman	03/24/2026
	** 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 insider transaction did Satellogic (SATL) CEO Emiliano Kargieman report?

Emiliano Kargieman reported the vesting and conversion of 26,483 restricted stock units into Class A Common Stock. This was a compensation-related RSU vesting event at a zero exercise price, rather than an open-market purchase or sale of Satellogic shares.

How many Satellogic (SATL) shares did the CEO ultimately receive from this RSU vesting?

From 26,483 RSUs that vested, Emiliano Kargieman ultimately received 20,065 shares of Class A Common Stock. The remaining 6,418 shares were withheld to satisfy withholding and other tax obligations related to the vesting event, as disclosed in the footnote.

Were Emiliano Kargieman’s new Satellogic (SATL) shares bought on the open market?

No, the additional Satellogic shares were not bought on the open market. They came from the vesting and conversion of previously granted restricted stock units at a zero exercise price, which is a standard form of equity compensation for executives.

How many Satellogic (SATL) shares does the CEO hold after this Form 4 transaction?

After the reported RSU vesting and share delivery, Emiliano Kargieman directly holds 1,363,623 shares of Satellogic Class A Common Stock. This post-transaction figure reflects his updated ownership position as disclosed in the Form 4 filing’s ownership table.

What does the footnote in Emiliano Kargieman’s Satellogic (SATL) Form 4 explain about the RSUs?

The footnote explains that Kargieman was granted 423,729 RSUs on June 23, 2025, vesting in equal quarterly installments through June 20, 2029. It notes that on March 20, 2026, 26,483 shares vested and 6,418 were withheld to cover required withholding and other taxes.

Is Emiliano Kargieman’s Satellogic (SATL) Form 4 transaction a buy or sell signal?

The Form 4 reflects an RSU vesting and derivative exercise, not a discretionary buy or sell. Shares were issued as part of an existing equity award, with some withheld for taxes, making this a routine compensation-related acquisition rather than an open-market trading signal.