HawkEye 360 Director Arthur Money Sells 50,000 Shares

What Happened

• Arthur L. Money, a director of HawkEye 360 (HAWK), exercised 50,000 options at $0.23 per share (cost $11,500) and sold 50,000 shares in an open-market transaction on Sept. 11, 2026 for a weighted-average price of $16.41, netting roughly $820,500. The filing also shows a related derivative disposition of 50,000 shares at $0.00 (see Key Details).

Key Details

• Transaction date: 2026-09-11; Form 4 filed 2026-09-15 (timely — within the 2 business-day rule).
• Exercise: 50,000 shares exercised at $0.23 = $11,500 total.
• Sale: 50,000 shares sold at weighted average $16.41 = ~$820,500 total. (Sale prices ranged $16.12–$16.62; reporting person can provide per-price breakdown per footnote.)
• Derivative line: 50,000 shares disposed at $0.00 (reported as a derivative conversion/disposition); filing gives no further detail.
• Ownership after transaction: not specified in the provided excerpt.
• Footnotes: F1 = weighted-average sale price range; F2 = shares are held by the Money Family Trust (reporting person is trustee with voting/dispositive power); F3 = holdings/options were fully vested.

Context

• This looks like a cashless exercise: options were exercised and shares were sold the same day to realize proceeds. Sales by directors are often routine (liquidity or tax-related) and are not direct indicators of company performance. The trust ownership note means the shares are held in a family trust of which Mr. Money is trustee.