Kargieman Emiliano 4

What Happened
Emiliano Kargieman, CEO of Satellogic (SATL), received equity awards on June 11, 2026: 243,000 restricted stock units (RSUs) and 164,875 stock options. Both grants are reported at $0.00 in the Form 4 (typical for awards); no cash purchase or market sale occurred. The options will expire on June 10, 2036.

Key Details

• Transaction date: June 11, 2026. Form 4 filed: June 16, 2026 (appears to be filed after the usual two-business-day window).
• Reported price: $0.00 for both the RSUs and the option awards (reported as awards/derivatives).
• Vesting: RSUs — 243,000 total; first vesting on July 20, 2026, second on Sept 20, 2026, then equal quarterly installments through March 20, 2030, subject to continued employment. Options — 164,875; same vesting schedule and continued-employment requirement.
• Option expiry: All awarded options expire June 10, 2036.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: Vesting schedule and employment condition summarized above; no strike/exercise price for the options is specified in the Form 4.

Context
These were grants/awards (not open‑market purchases or sales). RSUs convert into shares only as they vest; options give the right to buy shares after vesting (exercise terms and any exercise price are not detailed here). Awards to executives are common for retention and long-term incentives; they do not represent immediate cash proceeds or sales.