Satellogic director granted 32,665 RSUs
Wang Theodore Glass reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wang Theodore Glass reported acquisition or exercise transactions in this Form 4 filing.
Satellogic Inc. director Theodore Glass Wang received a grant of 32,665 restricted stock units (RSUs) tied to the company’s Class A common stock. The award was granted at no cash cost and represents 32,665 underlying shares following the transaction.
According to the award terms, all 32,665 RSUs will vest on May 31, 2027, subject to Mr. Wang’s continued service through that date. Until vesting, the units are a promise of future shares rather than currently owned common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 32,665 shares
Grant/Award
1 txn
Insider
Wang Theodore Glass
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 32,665 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 32,665 contracts (Direct)
Footnotes (1)
- F1. On June 11, 2026, Mr. Wang was granted 32,665 RSUs, all of which will vest on May 31, 2027 subject to Mr. Wang's continued service through such date.
Key Figures
RSUs granted: 32,665 RSUs
Shares underlying RSUs: 32,665 shares
Exercise price: $0.00 per RSU
+3 more
6 metrics
RSUs granted
32,665 RSUs
Grant to director on June 11, 2026
Shares underlying RSUs
32,665 shares
Class A Common Stock underlying the RSUs
Exercise price
$0.00 per RSU
Conversion or exercise price for the RSUs
Post-transaction derivative holdings
32,665 RSUs
Total RSUs held from this grant after transaction
Vesting date
May 31, 2027
All RSUs vest on this date if service continues
Transaction code
A
Grant, award, or other acquisition of RSUs
Key Terms
Restricted Stock Unit, RSUs, Class A Common Stock, vesting, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSUs financial
"Mr. Wang was granted 32,665 RSUs, all of which will vest"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"all of which will vest on May 31, 2027 subject to Mr. Wang's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Satellogic (SATL) report for Theodore Glass Wang?
Satellogic reported that director Theodore Glass Wang received a grant of 32,665 restricted stock units. These RSUs are linked to Class A common stock and were awarded at no cash cost as equity-based compensation, increasing his derivative holdings tied to the company.
How many RSUs did Theodore Glass Wang receive from Satellogic (SATL)?
Theodore Glass Wang received 32,665 restricted stock units from Satellogic. Each RSU represents a right to receive one share of Class A common stock in the future, subject to vesting conditions outlined in the award agreement and related footnote.
When do Theodore Glass Wang’s Satellogic (SATL) RSUs vest?
All 32,665 RSUs granted to Theodore Glass Wang are scheduled to vest on May 31, 2027. Vesting is contingent on his continued service with Satellogic through that date, meaning he must remain in his role to receive the underlying shares.
What is Theodore Glass Wang’s holding from this Satellogic (SATL) RSU grant?
Following the transaction, Theodore Glass Wang holds 32,665 RSUs from this specific grant. These represent potential future shares of Class A common stock, subject to vesting on May 31, 2027, and are reported as directly owned derivative securities.
What type of security was granted to Theodore Glass Wang by Satellogic (SATL)?
He was granted restricted stock units, a form of derivative security. Each RSU corresponds to one share of Satellogic Class A common stock, with no cash exercise price, and will convert into shares only if the vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
