O'Toole Brian E 4
4 · BlackSky Technology Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
BlackSky (BKSY) CEO Brian O'Toole Sells 15,512 Shares
What Happened
- Brian E. O'Toole, CEO, President and Director of BlackSky Technology Inc. (BKSY), disposed of 15,512 shares on June 10, 2026 at a weighted-average price of $34.10 per share, totaling approximately $528,959.
- The sale was reported on Form 4 filed June 12, 2026. According to the filing, the shares were sold to cover statutory tax withholding obligations in connection with RSU vesting and were not a discretionary sale by the reporting person.
Key Details
- Transaction date: 2026-06-10; filing date: 2026-06-12 (timely — within two business days).
- Shares sold: 15,512; Price: $34.10 (weighted-average); Proceeds: ~$528,959.
- Reason: Tax withholding on vested Restricted Stock Units (RSUs) — footnote F1; RSUs described in F2 (each RSU converts to one share subject to vesting).
- Vesting clarification: Footnote F3 clarifies RSU vesting schedule — 1/3 vests on Sept 10, 2026, then 1/12 of total vests quarterly on Mar/10, Jun/10, Sep/10, Dec/10 thereafter, subject to continued service.
- Earlier option/vesting detail: Footnote F4 references prior option grants and vesting schedule from 2025 filings (clarification only).
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context
- The reported sale is a routine, non-discretionary tax-withholding sale tied to RSU vesting (not an opportunistic open-market sell signal). For retail investors, purchases are typically considered more informative of insider confidence; this transaction reflects standard vesting-related mechanics.
Insider Transaction Report
Form 4
O'Toole Brian E
DirectorCEO and President
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-06-10$34.10/sh−15,512$528,959→ 1,139,676 total
Holdings
- 210,834
Options (Right To Buy)
[F4]Exercise: $9.23Exp: 2035-03-10→ Class A Common Stock (210,834 underlying)
Footnotes (4)
- [F1]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs) and does not represent a discretionary sale by the Reporting Person. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold.
- [F2]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The Form 4 filed on September 15, 2025 (the "Original Form 4") and the Form 4/A filed on October 17, 2025 (the "Original Form 4/A") erroneously reflected an incorrect vesting schedule. One third (1/3rd) of the RSUs are scheduled to vest on September 10, 2026, and thereafter, one twelfth (1/12th) of the total number of RSUs are scheduled to vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December 10), subject to the named executive officer continuing to be a service provider through the applicable vesting date. The Amount of Securities Beneficially Owned Following Reported Transactions represented on the Original Form 4 and the Original Form 4/A was correctly reported.
- [F4]This holding report is reflected solely to clarify the vesting schedule set forth in the Form 4 filed on March 12, 2025. Each Option represents a right to purchase the underlying securities of the Issuer reported in Table II. The options are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan. The number of options and exercise price for the options was calculated based on the closing price of a share of BlackSky Technology Inc.'s Class A Common Stock on the New York Stock Exchange on March 10, 2025. One third (1/3rd) of the award vests on March 10, 2026, and thereafter, one thirty-sixth (1/36th) of the award vests or is scheduled to vest monthly on the 10th day of each month, subject to the Reporting Person continuing to be a service provider through the applicable vesting date.
Signature
/s/ Christiana L. Lin, attorney-in-fact on behalf of Brian E. OToole|2026-06-12