O'Toole Brian E 4

What Happened

• Brian E. O'Toole, CEO, President and Director of BlackSky Technology (BKSY), was granted 191,666 restricted stock units (RSUs) on March 10, 2026 (recorded as an acquisition at $0.00 per share). On March 11, 2026, 24,999 shares were withheld to satisfy tax withholding obligations related to the net settlement of vested RSUs; those withheld shares are reported as disposed at $24.00 each for a total of $599,976.
• The RSU grant is an award (not a market purchase), and the withholding was done by the issuer to cover taxes — not an open-market sale.

Key Details

• Grant: 191,666 RSUs @ $0.00 (Acquired) on 2026-03-10.
• Withholding: 24,999 shares @ $24.00 (Disposed) on 2026-03-11; proceeds/value reported as $599,976.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (1) Withheld shares were retained by the issuer to satisfy tax withholding on net-settled RSUs (not a market sale). (2–3) These securities are RSUs; each represents a contingent right to one share. Vesting schedule: one-fourth vests on March 10, 2027, then one-sixteenth of total vests quarterly (March 10, June 10, Sept 10, Dec 10), subject to continued service.
• Filing: Form 4 filed 2026-03-12 for transactions on 2026-03-10 and 2026-03-11 (appears timely).

Context

• RSUs are awards that convert into shares if and when they vest; this entry mainly reflects a grant and routine tax withholding. The withheld shares were used to satisfy tax obligations and should not be read as an open-market sale signaling sentiment. Grants are common for executives and are not the same as buying stock with personal funds.