BlackSky (BKSY) Director James Tolonen Receives RSU Award

What Happened
James R. Tolonen, a member of BlackSky Technology Inc.'s board, was granted 8,005 restricted stock units (RSUs) on September 11, 2026. The Form 4 reports the award as an acquisition at $0.00 per share (common for RSU grants), so no cash was exchanged at grant. The RSUs were awarded under the company's Outside Director Compensation Policy.

Key Details

• Transaction date and type: 2026-09-11 — Award/Grant (Code A).
• Reported price: $0.00 per RSU (RSUs are not purchased).
• Shares acquired: 8,005 RSUs (each RSU represents a contingent right to one share).
• Vesting: RSUs vest in full on the earlier of the one-year anniversary of the award or the issuer's next annual meeting, subject to Tolonen's continued board service (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-09-14 for the 2026-09-11 grant — appears to be filed within the normal two-business-day reporting window.

Context
RSUs are a form of compensation that convert into shares upon vesting; they do not represent immediate cash or tradable stock until they vest and are issued. Grants to outside directors are a routine form of non-cash compensation and do not, by themselves, indicate buying or selling sentiment. Watch for the vesting date (when shares may be issued and subject to tax withholding or potential future sales).