Satellogic (SATL) CTO exercises 87,091 options and sells matching shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Satellogic Inc. Chief Technology Officer Alan Kharsansky reported an exercise-and-sell transaction in company stock. On May 14, 2026, he exercised stock options to acquire 87,091 shares of Class A Common Stock at an exercise price of $1.2656 per share.
On the same date, he executed an open-market sale of 87,091 Class A Common shares at an average price of $8.3510 per share. Following these transactions, he directly holds 47,785 shares of Class A Common Stock. All 87,091 underlying stock options granted on February 8, 2021 were fully exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 87,091 shares ($727,297)
Net Sell
3 txns
Insider
Kharsansky Alan
Role
Chief Technology Officer
Sold
87,091 shs ($727K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to buy) | 87,091 | $0.00 | -- |
| Exercise | Class A Common Stock | 87,091 | $1.2656 | $110K |
| Sale | Class A Common Stock | 87,091 | $8.351 | $727K |
Holdings After Transaction:
Stock Options (Right to buy) — 0 shares (Direct, null);
Class A Common Stock — 134,876 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 87,091 shares
Sale price: $8.3510 per share
Options exercised: 87,091 shares
+3 more
6 metrics
Shares sold
87,091 shares
Class A Common Stock sold on May 14, 2026
Sale price
$8.3510 per share
Average price for 87,091 Class A shares sold
Options exercised
87,091 shares
Stock options converted into Class A Common Stock
Exercise price
$1.2656 per share
Exercise price of stock options granted February 8, 2021
Shares held after
47,785 shares
Direct Class A Common Stock ownership after transactions
Option expiration
February 8, 2031
Expiration date of exercised stock options
Key Terms
open-market sale, Stock Options (Right to buy), Exercise or conversion of derivative security, Class A Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for the Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Options (Right to buy) financial
"security_title: "Stock Options (Right to buy)" in the derivative transaction"
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Class A Common Stock financial
"security_title: "Class A Common Stock" for non-derivative entries"
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 commencement date financial
"footnote: "vesting commencement date of October 1, 2020""
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What insider transaction did Satellogic (SATL) report for CTO Alan Kharsansky?
Satellogic reported that CTO Alan Kharsansky exercised stock options for 87,091 Class A shares and sold 87,091 shares in an open-market transaction, leaving him with 47,785 shares directly owned after the activity.
What options did the Satellogic (SATL) CTO exercise in this Form 4 filing?
The CTO exercised stock options representing 87,091 underlying shares of Class A Common Stock at an exercise price of $1.2656 per share. These options were originally granted on February 8, 2021, and were fully exercised in this transaction.
Were any Satellogic (SATL) stock options remaining after the CTO’s exercise?
No stock options from this specific 87,091-share grant remained after the exercise. The Form 4 shows the derivative position in these options falling to zero, indicating that the entire grant was fully exercised on May 14, 2026.
What are the key terms of the Satellogic (SATL) CTO’s option grant mentioned in the filing?
The footnote states Kharsansky was granted 87,091 options on February 8, 2021. About 8,865 vested immediately based on past service, and the remaining 78,226 vested in 1/32 increments each month after the October 1, 2020 vesting commencement date.