Gordon Susan M. 4

What Happened Susan M. Gordon, a director of BlackSky Technology, received an award of 805 shares on June 30, 2026. The Form 4 lists the acquisition as 805 shares at $0.00 (award/grant). The shares were issued because she elected to receive stock instead of cash compensation for the quarter ended June 30, 2026; the number of shares was calculated using the closing price that day.

Key Details

• Transaction date and price: 2026-06-30; 805 shares @ $0.00 (award, code A).
• Reported value on Form 4: $0 (award); actual economic value equals 805 × closing price on 2026-06-30 (closing price not shown in the filing).
• Footnote F1: Shares were elected in lieu of cash under the Outside Director Compensation Policy for the quarter ended June 30, 2026.
• Footnote F2: Certain securities are RSUs — each RSU is a contingent right to receive one share subject to applicable vesting schedules and conditions.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: report filed with a 2026-06-30 report date and accession date 2026-06-30 — no late filing indicated.

Context This was an award granted in lieu of cash compensation (common for non-employee directors) rather than an open-market purchase or sale. Because some or all of the award may be structured as RSUs, final share delivery could be subject to future vesting conditions; this type of director award is generally routine and reflects compensation policy rather than a direct buy/sell signal.