Cantor group trims Satellogic (SATL) holdings, now reports 5.7% stake

Rhea-AI Filing Summary

Cantor-affiliated entities updated their ownership in Satellogic Inc. through this Amendment No. 7 to Schedule 13D. The group now reports beneficial ownership of 7,862,352 shares of Class A common stock, representing 5.7% of 137,661,456 shares outstanding as of May 4, 2026.

CFAC directly owns 7,048,281 shares, including up to 1,863,696 shares subject to forfeiture based on vesting and earn-out targets, while Cantor Fitzgerald Securities holds 814,071 shares. Cantor Fitzgerald, L.P., CF Group Management, Inc., and Brandon G. Lutnick may be deemed to share voting and dispositive power over these shares but each disclaims ownership beyond any pecuniary interest.

CFAC reported multiple open-market sales: 252,522 shares at a weighted average price of $7.51 on April 8, 2026; 497,448 shares at $7.57 on April 9; 15,388 shares at $7.75 on April 10; 65,069 shares at $7.79 on April 13; and 610,000 shares at $8.59 on May 11, 2026.

Key Figures

CFAC direct holdings: 7,048,281 shares CFS direct holdings: 814,071 shares Aggregate Cantor group holdings: 7,862,352 shares +5 more

8 metrics

CFAC direct holdings 7,048,281 shares Class A common stock directly owned by CFAC as of the amendment

CFS direct holdings 814,071 shares Class A common stock directly owned by Cantor Fitzgerald Securities

Aggregate Cantor group holdings 7,862,352 shares Beneficially owned by the reporting persons, equal to 5.7% of the class

Shares outstanding 137,661,456 shares Satellogic Class A common stock outstanding as of May 4, 2026

Ownership percentage CFAC 5.1% CFAC’s stake in Satellogic based on 137,661,456 shares outstanding

Ownership percentage CFS 0.6% Cantor Fitzgerald Securities’ stake based on 137,661,456 shares outstanding

May 11, 2026 sale 610,000 shares at $8.59 CFAC open-market sale at weighted average price per share

April 8, 2026 sale 252,522 shares at $7.51 CFAC open-market sale at weighted average price per share

Key Terms

beneficially owned, shared voting and dispositive power, Schedule 13D, Class A Common Stock, +1 more

5 terms

beneficially owned financial

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

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting and dispositive power financial

"has shared voting and dispositive power with respect to, 7,048,281 shares of Class A Common Stock"

Schedule 13D regulatory

"This Amendment No. 7 (this "Amendment") amends and supplements the filed with the (the "SEC") on February 4, 2022"

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.

Class A Common Stock financial

"Title of Class of Securities: Class A Common Stock, $0.0001 par value"

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.

weighted average price financial

"sold 252,522 shares of Class A Common Stock in the open market at a weighted average price of $7.51"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)

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)

05/11/2026

(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 7,862,352.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,862,352.00

11

Aggregate amount beneficially owned by each reporting person

7,862,352.00

12

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

13

Percent of class represented by amount in Row (11)

5.7 %

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 7,862,352.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,862,352.00

11

Aggregate amount beneficially owned by each reporting person

7,862,352.00

12

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

13

Percent of class represented by amount in Row (11)

5.7 %

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 7,048,281.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,048,281.00

11

Aggregate amount beneficially owned by each reporting person

7,048,281.00

12

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

13

Percent of class represented by amount in Row (11)

5.1 %

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 7,862,352.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,862,352.00

11

Aggregate amount beneficially owned by each reporting person

7,862,352.00

12

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

13

Percent of class represented by amount in Row (11)

5.7 %

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. 7 (this "Amendment") amends and supplements the Schedule 13D filed with Comment: 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"), Amendment No. 5A to the Original Schedule 13D filed with the SEC on March 26, 2026 ("Amendment No. 5A") and Amendment No. 6 to the Original Schedule 13D filed with the SEC on April 8, 2026 ("Amendment No. 6" and, together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, and Amendment No. 5A, 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 137,661,456 shares of Class A Common Stock outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended March 31, 2026 filed by the Issuer with the SEC on May 12, 2026. (a) 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 137,661,456 shares of Class A Common Stock outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 2026. As of the date hereof, (i) CFAC directly owns 7,048,281 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, 7,048,281 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 5.1% of the issued and outstanding shares of Class A Common Stock based on 137,661,456 shares of Class A Common Stock outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 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 137,661,456 shares of Class A Common Stock outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 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 5.7% of the issued and outstanding shares of Class A Common Stock based on 137,661,456 shares of Class A Common Stock based on outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 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 5.7% of the issued and outstanding shares of Class A Common Stock based on outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 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 5.7% of the issued and outstanding shares of Class A Common Stock based on outstanding as of May 4, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed by the Issuer with the SEC on May 12, 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 8, 2026, CFAC sold 252,522 shares of Class A Common Stock in the open market at a weighted average price of $7.51. On April 9, 2026, CFAC sold 497,448 shares of Class A Common Stock in the open market at a weighted average price of $7.57. On April 10, 2026, CFAC sold 15,388 shares of Class A Common Stock in the open market at a weighted average price of $7.75. On April 13, 2026, CFAC sold 65,069 shares of Class A Common Stock in the open market at a weighted average price of $7.79. On May 11, 2026, CFAC sold 610,000 shares of Class A Common Stock in the open market at a weighted average price of $8.59.
(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:	05/13/2026

CF Group Management, Inc.

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon Lutnick/Chief Executive Officer
Date:	05/13/2026

CFAC Holdings V, LLC

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon Lutnick/Chief Executive Officer
Date:	05/13/2026

Cantor Fitzgerald Securities

Signature:	/s/ Pascal Bandelier
Name/Title:	Co-Chief Executive Officer
Date:	05/13/2026

Brandon G. Lutnick

Signature:	/s/ Brandon Lutnick
Name/Title:	Brandon G. Lutnick
Date:	05/13/2026

FAQ

What stake does the Cantor group now hold in Satellogic (SATL)?

The Cantor reporting group beneficially owns 7,862,352 shares of Satellogic Class A common stock, representing 5.7% of 137,661,456 shares outstanding as of May 4, 2026, based on Satellogic’s Form 10-Q disclosure.

How many Satellogic (SATL) shares does CFAC Holdings V, LLC own?

CFAC directly owns 7,048,281 Satellogic Class A shares, including up to 1,863,696 shares that are subject to forfeiture based on vesting and earn-out targets described in earlier filings referenced in this amendment.

What recent Satellogic (SATL) share sales did CFAC report?

CFAC reported open-market sales of Satellogic shares on April 8, 9, 10, 13, and May 11, 2026, including 610,000 shares at a weighted average price of $8.59 on May 11, 2026, and several smaller trades at prices between $7.51 and $7.79.

What percentage of Satellogic (SATL) does Cantor Fitzgerald Securities hold?

Cantor Fitzgerald Securities directly owns 814,071 shares of Satellogic Class A common stock, representing approximately 0.6% of the 137,661,456 shares outstanding as of May 4, 2026, according to the ownership calculations in the amendment.

How is the 5.7% Satellogic (SATL) ownership figure calculated for the Cantor group?

The 5.7% figure is based on 7,862,352 shares beneficially owned by the Cantor reporting group divided by 137,661,456 Class A shares outstanding as of May 4, 2026, as reported in Satellogic’s Form 10-Q filed on May 12, 2026.

Do Cantor Fitzgerald and related entities claim full ownership of their Satellogic (SATL) shares?

Cantor Fitzgerald, CF Group Management, Inc., and Brandon G. Lutnick may be deemed to beneficially own shares held by CFAC and Cantor Fitzgerald Securities but each disclaims ownership beyond any direct or indirect pecuniary interest described in the amendment.