Cantor affiliates keep 7% Satellogic (SATL) stake after April share sales

Rhea-AI Filing Summary

Cantor-affiliated entities report beneficial ownership of 9,302,809 shares of Satellogic Inc. Class A common stock, representing 7.0% of the company. CFAC Holdings V, LLC directly holds 8,488,738 shares, including up to 1,863,696 shares subject to vesting and earn-out forfeiture conditions, while Cantor Fitzgerald Securities holds 814,071 shares.

On April 1, 2026, CFAC sold 733,445 shares in open-market trades at a weighted average price of $6.0102 per share, followed by 622,555 shares at $6.4584 on April 2, 2026, and 500,000 shares at $7.0432 on April 6, 2026. These positions and percentages are based on 132,475,998 Satellogic Class A shares outstanding as of March 13, 2026.

Insights

Equity ownership and disclosure analyst

Large holder trims Satellogic stake but remains a 7% beneficial owner.

The filing shows CFAC Holdings V, LLC and related Cantor entities holding 9,302,809 Satellogic Class A shares, or 7.0% of outstanding stock based on 132,475,998 shares as of March 13, 2026. CFAC’s stake includes contingent earn-out shares that may be forfeited if vesting targets are not met.

CFAC executed three open-market sales on April 1, 2 and 6, 2026 at weighted average prices between $6.0102 and $7.0432 per share. Despite these disposals, Cantor and its affiliates continue to report shared voting and dispositive power over about 7.0% of Satellogic, so this appears as a partial, not complete, exit from the position.

Key Figures

Cantor group beneficial ownership: 9,302,809 shares Cantor group ownership percentage: 7.0% of class CFAC direct holdings: 8,488,738 shares +5 more

8 metrics

Cantor group beneficial ownership 9,302,809 shares Class A common stock; Cantor group aggregate

Cantor group ownership percentage 7.0% of class Based on 132,475,998 shares outstanding as of March 13, 2026

CFAC direct holdings 8,488,738 shares Includes up to 1,863,696 earn-out and vesting-contingent shares

CFS direct holdings 814,071 shares Cantor Fitzgerald Securities position; about 0.6% of class

Shares outstanding baseline 132,475,998 shares Satellogic Class A shares outstanding as of March 13, 2026

April 1, 2026 sale 733,445 shares at $6.0102 CFAC open-market weighted average price per share

April 2, 2026 sale 622,555 shares at $6.4584 CFAC open-market weighted average price per share

April 6, 2026 sale 500,000 shares at $7.0432 CFAC open-market weighted average price per share

Key Terms

beneficially own, shared voting and dispositive power, Schedule 13D, pecuniary interest, +1 more

5 terms

beneficially own financial

"The aggregate number and percentage of shares of Class A Common Stock beneficially owned by each of the Reporting Persons"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

shared voting and dispositive power financial

"has shared voting and dispositive power with respect to, 8,488,738 shares of Class A Common Stock"

Schedule 13D regulatory

"This Amendment No. 6 (this "Amendment") amends and supplements the filed with the (the "SEC") on February 4, 2022 (the "Original ")"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

pecuniary interest financial

"Cantor disclaims any ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest it may have therein"

earn-out targets financial

"including up to 1,863,696 shares of Class A Common Stock that are subject to forfeiture based on vesting and earn-out targets"

Earn-out targets are specific performance goals agreed when one company buys another that determine whether the seller receives additional payment later—usually based on revenue, profit, or other measurable milestones. They matter to investors because they shift some purchase price into future, contingent payments, affecting the buyer’s future cash flow, the seller’s incentives to keep performance strong, and how the deal’s value is reported and risk-assessed; think of them as a post-sale bonus paid only if the business hits agreed milestones.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)

Satellogic Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value

(Title of Class of Securities)

G7823S101

(CUSIP Number)

Brandon Lutnick
110 East 59th Street,
New York, NY, 10022
212-938-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/06/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): G7823S101

1

Name of reporting person

Cantor Fitzgerald, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,302,809.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,302,809.00

11

Aggregate amount beneficially owned by each reporting person

9,302,809.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.0 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): G7823S101

1

Name of reporting person

CF Group Management, Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,302,809.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,302,809.00

11

Aggregate amount beneficially owned by each reporting person

9,302,809.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G7823S101

1

Name of reporting person

CFAC Holdings V, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 8,488,738.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 8,488,738.00

11

Aggregate amount beneficially owned by each reporting person

8,488,738.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

6.4 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): G7823S101

1

Name of reporting person

Cantor Fitzgerald Securities

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 814,071.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 814,071.00

11

Aggregate amount beneficially owned by each reporting person

814,071.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.6 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): G7823S101

1

Name of reporting person

Brandon G. Lutnick

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,302,809.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,302,809.00

11

Aggregate amount beneficially owned by each reporting person

9,302,809.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.0 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, $0.0001 par value
(b)	Name of Issuer: Satellogic Inc.
(c)	Address of Issuer's Principal Executive Offices: 210 Delburg Street, Davidson, NORTH CAROLINA , 28036.
Item 1 Comment: This Amendment No. 6 (this "Amendment") amends and supplements the Schedule 13D filed with the United States Securities and Exchange Commission (the "SEC") on February 4, 2022 (the "Original Schedule 13D"), as amended by Amendment No. 1 to the Original Schedule 13D filed with the SEC on May 17, 2022 ("Amendment No. 1"), Amendment No. 2 to the Original Schedule 13D filed with the SEC on November 21, 2024 ("Amendment No. 2"), Amendment No. 3 to the Original Schedule 13D filed with the SEC on November 27, 2024 ("Amendment No. 3"), Amendments No. 4A and 4B to the Original Schedule 13D filed with the SEC on October 6, 2025 ("Amendment No. 4"), and Amendment No. 5A to the Original Schedule 13D filed with the SEC on March 26, 2026 ("Amendment No. 5A" and, together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, and Amendment No. 4, the "Prior Schedule 13D"), by Cantor Fitzgerald, L.P., a Delaware limited partnership ("Cantor"), CF Group Management, Inc., a New York corporation ("CFGM"), CFAC Holdings V, LLC, a Delaware limited liability company ("CFAC"), , Cantor Fitzgerald Securities, a New York general partnership ("CFS"), and Mr. Brandon G. Lutnick. This Amendment 6 is being filed by CFAC, CFS, Cantor, CFGM and Mr. Brandon G. Lutnick (collectively, the "Reporting Persons") relating to their beneficial ownership of shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), of Satellogic Inc. (the "Issuer"). Capitalized terms used but not defined in this Amendment 5A have the respective meanings set forth in the Prior Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	See cover pages 2-6, which are incorporated by reference herein. The information set forth in Item 13 (Percent of Class Represented by Amount in Row (11)) on cover pages 2-6 for each of the Reporting Persons is based on 132,475,998 shares of Class A Common Stock outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. Item 5(a) is hereby amended and restated as follows: The aggregate number and percentage of shares of Class A Common Stock beneficially owned by each of the Reporting Persons is on the basis of a total of 132,475,998 shares of Class A Common Stock outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. As of the date hereof, (i) CFAC directly owns 8,488,738 shares of Class A Common Stock (including up to 1,863,696 shares of Class A Common Stock that are subject to forfeiture based on vesting and earn-out targets as further described in Item 4 of the Prior Schedule 13D) and (ii) CFS directly owns 814,071 shares of Class A Common Stock. None of the other Reporting Persons directly own any shares of Class A Common Stock.
(b)	Item 5(b) is hereby amended and restated as follows: As of the date hereof: (i) CFAC directly owns, is the beneficial owner of, and has shared voting and dispositive power with respect to, 8,488,738 shares of Class A Common Stock (including up to 1,863,696 shares of Class A Common Stock that are subject to forfeiture based on vesting and earn-out targets as further described in Item 4 of the Prior Schedule 13D), which represent approximately 6.4% of the issued and outstanding shares of Class A Common Stock based on 132,475,998 shares of Class A Common Stock outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. (ii) CFS directly owns, is the beneficial owner of, and has shared voting and dispositive power with respect to, 814,071 shares of Class A Common Stock, which represent approximately 0.6% of the issued and outstanding shares of Class A Common Stock 132,475,998 shares of Class A Common Stock outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. (iii) Cantor, as the sole member of CFAC and the indirect holder of a majority of the equity interests CFS, controls each of CFAC and CFS and may be deemed to beneficially own, and have shared voting and dispositive power with respect to, all shares of Class A Common Stock directly owned by CFAC and CFS, which represent approximately 7.0% of the issued and outstanding shares of Class A Common Stock based on 132,475,998 shares of Class A Common Stock based on outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. Cantor disclaims any ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest it may have therein, directly or indirectly. (iv) CFGM, as the managing general partner of Cantor, controls Cantor and may be deemed to beneficially own, and have shared voting and dispositive power with respect to, all shares of Class A Common Stock directly owned by CFAC and CFS, which represent approximately 7.0% of the issued and outstanding shares of Class A Common Stock based on outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. CFGM disclaims any ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest it may have therein, directly or indirectly. (v) Brandon G. Lutnick, the Chairman and Chief Executive Officer of CFAC, Cantor and CFGM and the controlling trustee of the trusts owning all of the voting shares of CFGM, may be deemed to beneficially own, and have shared voting and dispositive power with respect to, all shares of Class A Common Stock directly owned by CFAC and CFS, which represent approximately 7.0% of the issued and outstanding shares of Class A Common Stock based on outstanding as of March 13, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed by the Issuer with the SEC on March 19, 2026. Brandon G. Lutnick disclaims any ownership of such shares of Class A Common Stock other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
(c)	On April 1, 2026, CFAC sold 733,445 shares of Class A Common Stock in the open market at a weighted average price of $6.0102. On April 2, 2026, CFAC sold 622,555 shares of Class A Common Stock in the open market at a weighted average price of $6.4584. On April 6, 2026, CFAC sold 500,000 shares of Class A Common Stock in the open market at a weighted average price of $7.0432.
(d)	Not applicable.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Item 6 is hereby amended and supplemented with the information contained in Item 5 responsive hereto, which is incorporated by reference herein.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Cantor Fitzgerald, L.P.

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon Lutnick/Chief Executive Officer
Date:	04/08/2026

CF Group Management, Inc.

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon Lutnick/Chief Executive Officer
Date:	04/08/2026

CFAC Holdings V, LLC

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon Lutnick/Chief Executive Officer
Date:	04/08/2026

Cantor Fitzgerald Securities

Signature:	/s/ Pascal Bandelier
Name/Title:	Pascal Bandelier/Co-Chief Executive Officer
Date:	04/08/2026

Brandon G. Lutnick

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon G. Lutnick
Date:	04/08/2026

FAQ

What percentage of Satellogic (SATL) does Cantor and its affiliates currently report owning?

Cantor and its affiliated entities report beneficial ownership of 9,302,809 shares of Satellogic Class A common stock, representing 7.0% of the outstanding class. This percentage is calculated using 132,475,998 shares outstanding as of March 13, 2026, from Satellogic’s Form 10-K.

How many Satellogic (SATL) shares are directly held by CFAC Holdings V, LLC?

CFAC Holdings V, LLC directly holds 8,488,738 shares of Satellogic Class A common stock. This figure includes up to 1,863,696 shares that are subject to potential forfeiture depending on vesting and earn-out targets described in prior disclosures referenced in the amendment.

What recent Satellogic (SATL) share sales did CFAC report in this Schedule 13D/A?

CFAC reported three open-market sales of Satellogic Class A shares: 733,445 shares at $6.0102 on April 1, 2026, 622,555 shares at $6.4584 on April 2, 2026, and 500,000 shares at $7.0432 on April 6, 2026, all weighted average prices.

How many Satellogic (SATL) shares does Cantor Fitzgerald Securities hold?

Cantor Fitzgerald Securities directly holds 814,071 shares of Satellogic Class A common stock. These shares give it shared voting and dispositive power, and represent about 0.6% of the outstanding Class A shares based on 132,475,998 shares outstanding.

What is the total number of Satellogic (SATL) shares outstanding used in this ownership calculation?

All ownership percentages in the filing are calculated using 132,475,998 shares of Satellogic Class A common stock outstanding as of March 13, 2026. This share count comes from Satellogic’s Annual Report on Form 10-K filed on March 19, 2026.

How is Brandon G. Lutnick related to the Satellogic (SATL) share holdings reported?

Brandon G. Lutnick is described as Chairman and Chief Executive Officer of CFAC, Cantor and CFGM, and a controlling trustee of trusts owning CFGM’s voting shares. Through these roles he may be deemed to share beneficial ownership of the 9,302,809 Satellogic shares held by CFAC and CFS.