Ward Tracy 4
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BlackSky (BKSY) SVP Tracy Ward Sells 803 Shares (Tax Withholding)
What Happened Tracy Ward, Senior Vice President & Controller of BlackSky Technology Inc. (BKSY), had 803 shares withheld to satisfy tax withholding obligations related to the net settlement of vested restricted stock units (RSUs). The withholding was recorded on March 11, 2026, at an effective per-share value of $24.00, for a total value of $19,272. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: March 11, 2026; Filing date: March 12, 2026 (timely filing).
- Amount withheld/disposed: 803 shares at $24.00 per share = $19,272.
- Transaction code: F (shares withheld to satisfy tax withholding/tax liability).
- Footnotes: F1 – Shares were withheld by the issuer to satisfy tax withholding in connection with net settlement of vested RSUs (not a market sale). F2 – These securities include RSUs, each representing a contingent right to one share subject to vesting terms.
- Shares owned after the transaction: not specified in the provided filing.
Context This transaction reflects routine tax withholding when RSUs vest and does not necessarily indicate the insider's view of the company's prospects. It differs from an open-market sale because the shares were retained by the issuer to cover taxes rather than sold on the market.