TOLONEN JAMES R 4

What Happened James R. Tolonen, a director of BlackSky Technology Inc. (BKSY), was granted 894 shares on March 31, 2026. The filing shows an acquisition price of $0.00 because these shares were awarded — the shares were elected in lieu of cash under the company’s Outside Director Compensation Policy and the number was calculated using the March 31, 2026 closing stock price. The filing also indicates that certain of these securities are restricted stock units (RSUs), which are contingent on the applicable vesting schedule.

Key Details

• Transaction date and type: 2026-03-31 — Award/Grant (code A) of 894 shares at $0.00.
• Consideration/value: Awarded in lieu of cash; number of shares tied to the Mar 31 closing price (exact dollar value not stated in the filing).
• Security form: Some or all awarded securities are RSUs (each RSU represents a contingent right to one share, subject to vesting) — see footnotes F1 and F2.
• Shares owned after transaction: Not specified in this Form 4.
• Filing/timeliness: Form filed 2026-04-01 for a 2026-03-31 award; filing appears timely based on reported dates.

Context This was a routine director compensation award (election to receive stock instead of cash) rather than an open-market purchase or sale. RSUs are typically subject to vesting conditions, so these awards do not necessarily represent immediately tradable shares. Such awards are common for outside directors and are primarily a form of compensation, not an explicit buy/sell signal.