Director Kelly J. Kennedy granted 20,787 RSUs at Satellogic (SATL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennedy Kelly J. reported acquisition or exercise transactions in this Form 4 filing.
Satellogic Inc. director Kelly J. Kennedy received a grant of 20,787 restricted stock units (RSUs). The award was made on June 11, 2026 and represents the right to receive 20,787 shares of Class A common stock at no purchase price. All RSUs are scheduled to vest on May 31, 2027, subject to Ms. Kennedy’s continued service with the company through that date. After this grant, she holds 20,787 RSUs directly, reflecting a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennedy Kelly J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 20,787 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 20,787 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 20,787 RSUs
Underlying shares: 20,787 shares
Vesting date: May 31, 2027
+3 more
6 metrics
RSUs granted
20,787 RSUs
Grant to director Kelly J. Kennedy on June 11, 2026
Underlying shares
20,787 shares
Class A common stock underlying the RSU award
Vesting date
May 31, 2027
All RSUs vest on this date, subject to continued service
Price per RSU
$0.00 per unit
Compensation grant with no purchase price
Holdings after grant
20,787 RSUs
Total restricted stock units directly held after transaction
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Restricted Stock Unit, RSUs, Class A Common Stock, Grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Unit financial
"security_title listed as "Restricted Stock Unit" for the derivative grant"
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
"Ms. Kennedy was granted 20,787 RSUs, all of which will vest on May 31, 2027"
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 identified as Class A Common Stock for the RSUs"
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.
Grant, award, or other acquisition regulatory
"transaction code description specifies Grant, award, or other acquisition"
continued service financial
"vesting is subject to Ms. Kennedy's continued service through May 31, 2027"
FAQ
What did Satellogic (SATL) director Kelly J. Kennedy report on this Form 4?
Kelly J. Kennedy reported receiving a grant of 20,787 restricted stock units (RSUs) from Satellogic Inc. The award represents a compensation-related equity grant, not an open-market stock trade, and gives her the right to receive 20,787 Class A common shares if the RSUs vest.
How many RSUs were granted to Kelly J. Kennedy by Satellogic (SATL)?
She was granted 20,787 restricted stock units. Each RSU corresponds to one share of Satellogic’s Class A common stock, so the grant covers 20,787 underlying shares, all held directly as a derivative equity award rather than as already-issued common stock.
When do Kelly J. Kennedy’s Satellogic (SATL) RSUs vest?
All 20,787 RSUs are scheduled to vest on May 31, 2027. Vesting is conditioned on Ms. Kennedy’s continued service with Satellogic through that date, meaning she must remain in her director role for the award to fully convert into common shares.
What is Kelly J. Kennedy’s position in Satellogic (SATL) after this RSU grant?
Following the grant, she directly holds 20,787 restricted stock units. These RSUs are a derivative right to receive an equal number of Class A common shares upon vesting, reflecting her equity-based compensation as a director, not a change from trading existing shares.