Kargieman Emiliano 4

What Happened
Emiliano Kargieman, CEO of Satellogic (SATL), had 26,484 restricted stock units (RSUs) vest on June 20, 2026. Of those, 6,420 shares were withheld to satisfy tax withholding, leaving a net issuance of 20,064 shares to Mr. Kargieman. The Form 4 records these as conversion/exercise of a derivative (no cash paid; reported price $0.00).

Key Details

• Transaction date: June 20, 2026. Form filed: June 23, 2026. No late filing indication in this record.
• Reported entries: Acquired 20,064 shares @ $0.00 (net from vesting); Disposed 26,484 shares @ $0.00 (gross vesting amount, reflecting conversion of derivative).
• Shares owned after the transaction: not specified in the provided filing.
• Footnote (F1): On June 23, 2025 Mr. Kargieman was granted 423,729 RSUs vesting in equal quarterly installments through June 20, 2029, generally subject to continued employment; the June 20, 2026 vesting triggered the 26,484-share event and 6,420-share withholding for taxes.
• Transaction codes: recorded as derivative conversion/vesting (M); tax withholding reflected by withheld shares rather than a cash payment.

Context
This was an RSU vesting event, not an open-market sale or purchase. Withholding shares to cover taxes is common and reduces the net shares received. Vesting of previously granted awards is generally routine and does not by itself signal the insider’s market view.