SATL Form 4: Matthew Tirman Sells 29,073 Shares at $3.45

Insider sale recorded: Satellogic Inc. director and president Matthew Tirman (through attorney-in-fact Rick Dunn) reported selling 29,073 shares of Class A common stock on 08/21/2025 at a price of $3.45 per share.

Rhea-AI Filing Summary

Insider sale recorded: Satellogic Inc. director and president Matthew Tirman (through attorney-in-fact Rick Dunn) reported selling 29,073 shares of Class A common stock on 08/21/2025 at a price of $3.45 per share. After the transaction he beneficially owned 99,162 shares, reported as direct ownership. The filing is a Form 4 disclosure of a non-derivative disposition and contains no derivative transactions or additional remarks.

Positive

• None.

Negative

• Insider disposition: Reporting person sold 29,073 shares, reducing direct beneficial ownership to 99,162 shares.
• Sale price disclosed: Transaction executed at $3.45 per share on 08/21/2025, indicating a realized exit at that price level.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale disclosed; no derivatives or plan referenced, reducing direct holdings to 99,162 shares.

The Form 4 shows a straightforward sale by the reporting officer and director of 29,073 Class A shares at $3.45 on 08/21/2025. The filing does not indicate a Rule 10b5-1 trading plan or any amendment. Because this is a single non-derivative disposal and the filer remains a significant holder and officer, the disclosure is material for transparency but contains no information about company operations or financial performance.

Securities Analyst

TL;DR: Insider sold shares; transaction is disclosed but appears routine and lacks contextual company financial data.

The sale reduced the reporting persons direct holdings to 99,162 shares following a 29,073-share disposition at $3.45 each. The Form 4 lists only the non-derivative transaction and provides no explanation or linked agreements. Investors receive a timely ownership change notification, but the filing does not provide signals about company fundamentals or future guidance.

Insider Trade Summary

Net Seller: 29,073 shares

Net Sell 1 txn

Insider Tirman Matthew

Role President

Sold 29,073 shs ($100K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	29,073	$3.45	$100K

Holdings After Transaction: Class A Common Stock — 99,162 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Matthew Tirman disclose on the Form 4 for SATL?

The Form 4 reports a non-derivative sale of 29,073 Class A shares on 08/21/2025 at $3.45 per share, leaving 99,162 shares beneficially owned.

Was the Form 4 for SATL filed jointly or by a single reporting person?

The filing indicates it was filed by one reporting person (individual filing).

Did the Form 4 disclose any derivative transactions or a 10b5-1 plan for SATL?

No derivative transactions are reported and the filing does not indicate that the sale was made pursuant to a 10b5-1 plan.

Who signed the Form 4 filing for Matthew Tirman?

The signature block shows /s/ Rick Dunn, Attorney-in-fact for Matthew Tirman with the date 08/22/2025.

What is the relationship of the reporting person to Satellogic (SATL)?

The Form 4 lists the reporting person as President and indicates a director/officer relationship to the issuer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/22/2025 - 04:29 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Tirman Matthew

(Last) (First) (Middle)

SATELLOGIC INC.

210 DELBURG STREET

(Street)

DAVIDSON NC 28036

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/21/2025		S		29,073	D	$3.45	99,162	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

Explanation of Responses:

Remarks:

	/s/ Rick Dunn, Attorney-in-fact for Matthew Tirman	08/22/2025
	** 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.