Lin Christiana L 4
Research Summary
AI-generated summary
BlackSky (BKSY) GC/CAO Christiana Lin Receives RSUs; Shares Withheld
What Happened
- Christiana Lin, General Counsel and Chief Administrative Officer of BlackSky Technology (BKSY), received a grant/award of 72,916 restricted stock units (RSUs) on 2026-03-10 (transaction code A). On 2026-03-11, 13,741 shares were withheld to satisfy tax withholding obligations at $24.00 per share (transaction code F), representing $329,784. The withholding was a non-market remittance of shares to cover taxes associated with the net settlement of vested RSUs.
Key Details
- Transaction dates and types: 2026-03-10 — RSU grant/acquisition (A) of 72,916 RSUs at $0.00; 2026-03-11 — tax withholding (F) of 13,741 shares at $24.00 each (total $329,784).
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- Withheld shares were remitted to the issuer to satisfy tax obligations and were not sold on the open market (F1).
- The securities are RSUs, each representing the right to one share subject to vesting conditions (F2/F3).
- Vesting schedule (per filing): 25% vests on March 10, 2027, then 1/16 of the total RSUs vests quarterly on March 10, June 10, September 10 and December 10 thereafter, subject to continued service.
- Filing/timeliness: Report filed 2026-03-12 for transactions with report period 2026-03-10; filing does not indicate a late report.
Context
- This filing reflects an award/vesting event and routine tax withholding, not an open-market sale or purchase signal. RSU grants indicate future potential equity ownership as they vest; withheld shares are a common administrative step to cover taxes on vested awards.