4Filed Jul 21, 8:00 PM ET

Satellogic CEO Emiliano Kargieman Receives 9,491 Shares

$SATL · Satellogic Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Satellogic CEO Emiliano Kargieman Receives 9,491 Shares

What Happened

  • Emiliano Kargieman, CEO of Satellogic Inc. (SATL), had 12,528 restricted stock units (RSUs convert/derivative) vest on July 20, 2026. The filing shows a conversion/exercise event where 12,528 shares were treated as vested and 3,037 of those shares were withheld to cover tax withholding, leaving 9,491 shares delivered to Mr. Kargieman.
  • The transactions are reported with $0.00 per-share exercise price in the Form 4 (i.e., no cash paid on conversion). The filing lists acquired 9,491 shares @ $0.00 (Acquired) and 12,528 shares @ $0.00 (Disposed, reflecting the withheld shares). No cash proceeds were reported.

Key Details

  • Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (appears timely).
  • Reported entries: 9,491 shares acquired @ $0.00; 12,528 shares converted/disposed @ $0.00 (3,037 withheld for taxes).
  • Shares owned after transaction: not specified in the filing.
  • Footnote: On June 10, 2026 Mr. Kargieman was granted 200,443 RSUs that vest in equal quarterly installments through March 20, 2030. The July 20 event was one scheduled vesting; 3,037 shares withheld to satisfy tax obligations.
  • Transaction code: M (exercise or conversion of derivative instrument); F-type withholding action effectively reduced net delivery.

Context

  • This was a routine RSU vesting and tax-withholding event, not an open-market sale or purchase. Withholding of shares to cover taxes is common and does not necessarily indicate a change in insider sentiment.
  • For retail investors: purchases are typically more informative about insider confidence than routine vesting. This filing documents compensation vesting and tax settlement rather than a cash transaction.