Gutierrez Miguel 4

What Happened
Miguel Gutierrez, a director of Satellogic Inc. (SATL), received an award of 20,787 restricted stock units (RSUs) on June 11, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 per share (total reported value $0). These RSUs are a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (timely filing).
• Transaction type/code: Award/Grant (A) of 20,787 RSUs reported as derivative acquisition at $0.00 per unit.
• Vesting: All 20,787 RSUs vest on May 31, 2027, subject to Mr. Gutierrez’s continued service through that date (footnote disclosed).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding, or cashless-sale details were disclosed in this filing.

Context
RSUs are a form of equity compensation that convert into actual shares (and potentially become taxable) only when they vest; this grant does not represent an immediate purchase or sale of stock. Such awards are common for executives and directors as retention/compensation tools and do not, by themselves, indicate insider buying or selling intent.