Satellogic director exercises 49,435 RSUs into shares

Satellogic Inc. director Kelly J. Kennedy reported the vesting and conversion of restricted stock units into common shares.

Rhea-AI Filing Summary

Satellogic Inc. director Kelly J. Kennedy reported the vesting and conversion of restricted stock units into common shares. On May 31, 2026, 49,435 Restricted Stock Units vested and were converted into 49,435 shares of Class A Common Stock at a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase. These RSUs were originally granted on June 23, 2025. Following the transaction, Kennedy directly owns 180,685 shares of Class A Common Stock. No shares were reported as sold, gifted, or withheld for taxes in this filing, and no derivative securities remain outstanding from this RSU grant.

Insider Trade Summary

49,435 shares exercised/converted

Exercise 2 txns

Insider Kennedy Kelly J.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	49,435	$0.00	$0.00
Exercise	Class A Common Stock	49,435	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Class A Common Stock — 180,685 shares (Direct)

Footnotes (1)

1. F1. Ms. Kennedy was granted 49,435 RSUs on June 23, 2025, all of which vested on May 31, 2026.

Key Figures

RSUs vested and converted: 49,435 shares Share price on conversion: $0.00 per share Shares held after transaction: 180,685 shares +2 more

5 metrics

RSUs vested and converted 49,435 shares Restricted Stock Units vested and converted on May 31, 2026

Share price on conversion $0.00 per share RSU conversion price for Class A Common Stock

Shares held after transaction 180,685 shares Direct Class A Common Stock ownership after May 31, 2026 transaction

RSU grant size 49,435 RSUs Granted on June 23, 2025 per footnote

Exercise transactions count 1 exercise, 49,435 shares Derivative exercise/conversion events summarized in filing

Key Terms

Restricted Stock Unit, Class A Common Stock, derivative exercise/conversion, Form 4

4 terms

Restricted Stock Unit financial

"The security title is listed as "Restricted Stock Unit" for the derivative entry."

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.

Class A Common Stock financial

"Security title for the acquired non-derivative shares is "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.

derivative exercise/conversion financial

"The transaction_action field describes the event as "derivative exercise/conversion"."

Form 4 regulatory

"INSIDER FILING DATA (Form 4) identifies this as a Form 4 insider report."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Satellogic (SATL) director Kelly J. Kennedy report?

Kelly J. Kennedy reported the vesting and conversion of 49,435 Restricted Stock Units into 49,435 shares of Class A Common Stock. The transaction reflects equity compensation, not an open-market trade, and increased her direct share ownership in Satellogic Inc.

How many Satellogic (SATL) shares does Kelly J. Kennedy hold after this Form 4?

After the reported RSU conversion, Kelly J. Kennedy directly holds 180,685 shares of Satellogic Class A Common Stock. This total reflects the addition of 49,435 shares from vested Restricted Stock Units disclosed in the Form 4 filing for May 31, 2026.

Were the Satellogic (SATL) shares acquired by Kelly J. Kennedy bought on the open market?

No, the shares were not bought on the open market. They were issued at $0.00 per share upon vesting of 49,435 Restricted Stock Units, representing stock-based compensation rather than a cash purchase or sale transaction in the market.

When were Kelly J. Kennedy’s Satellogic (SATL) RSUs granted and when did they vest?

Kelly J. Kennedy was granted 49,435 Restricted Stock Units on June 23, 2025. According to the Form 4 footnote, all these RSUs vested on May 31, 2026, and were then converted into an equivalent number of Class A Common Stock shares.

Does this Satellogic (SATL) Form 4 show any share sales or tax withholding by Kelly J. Kennedy?

The Form 4 does not report any sales, gifts, or tax-withholding dispositions. It only shows an exercise or conversion of 49,435 Restricted Stock Units into Class A Common Stock, with no reduction in shares from selling or withholding in this filing.

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

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Accepted by SEC EDGAR 06/01/2026 - 04:16 PM EDT 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^*

Kennedy Kelly J.

(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		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026

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	05/31/2026		M		49,435	A	$0	180,685	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	05/31/2026		M			49,435	(1)	(1)	Class A Common Stock	49,435	$0	0	D

Explanation of Responses:

1. Ms. Kennedy was granted 49,435 RSUs on June 23, 2025, all of which vested on May 31, 2026.

Remarks:

	/s/ Rick Dunn, Attorney-in-fact for Kelly Kennedy	06/01/2026
	** 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)