Abraham Magid M 4
Research Summary
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BlackSky (BKSY) Director Abraham Magid Receives Award
What Happened
- Abraham Magid, a director of BlackSky Technology Inc. (BKSY), was granted 894 shares on March 31, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (total $0 on the filing). Footnotes state these shares were elected in lieu of cash compensation and the share count was based on the March 31, 2026 closing price.
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-01).
- Reported transaction: Grant/award of 894 shares, reported at $0.00 each on the Form 4 (code A).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: (F1) Shares were elected in lieu of cash under the Outside Director Compensation Policy and calculated using the March 31, 2026 closing price. (F2) Certain securities are RSUs — each RSU is a contingent right to one share subject to vesting and conditions.
- Timeliness: Filing appears timely (filed the business day after the transaction).
Context
- This was a compensation award (director pay elected as stock), not an open-market purchase or sale. RSUs listed in the footnote indicate some or all of the award may vest over time and may not result in immediate ownership of freely tradable shares. Such awards are routine for non-employee directors and are generally compensation, not a direct signal of buy/sell intent.