O'Toole Brian E 4

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.