Satellogic Inc.·4

Mar 24, 4:11 PM ET

Dunn Rick 4

4 · Satellogic Inc. · Filed Mar 24, 2026

Research Summary

AI-generated summary of this filing

Updated

Satellogic (SATL) CFO Rick Dunn Receives Shares via RSU Vesting

What Happened

  • Rick Dunn, Chief Financial Officer of Satellogic (SATL), had multiple RSU grants vest on March 20, 2026. A total of 47,872 shares vested across four prior RSU awards; 16,991 of those shares were withheld to satisfy tax withholding obligations, and Dunn received 30,881 net shares. Each conversion/vesting was reported at $0.00 per share (typical for RSU vesting) on a Form 4 filed March 24, 2026.
  • These entries reflect conversion/settlement of restricted stock units (reported as derivative conversions) rather than open-market purchases or discretionary sales. The withheld shares were disposed of as part of tax-withholding (a cashless settlement), not a market sale for investment purposes.

Key Details

  • Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed within the standard 2-business-day window).
  • Reported price: $0.00 per share (vesting/conversion of RSUs).
  • Gross vested shares: 47,872; shares withheld for taxes: 16,991; net shares issued to Dunn: 30,881.
  • Source grants and vesting (per footnotes):
    • 75,072 RSUs granted 12/2/2022 — 4,692 vested (1,663 withheld).
    • 147,801 RSUs granted 8/9/2023 — 9,237 vested (3,279 withheld).
    • 373,595 RSUs granted 6/7/2024 — 23,350 vested (8,288 withheld).
    • 169,492 RSUs granted 6/23/2025 — 10,593 vested (3,761 withheld).
  • Shares owned after transaction: not specified in the provided filing details.
  • Filing timeliness: filed March 24, 2026, which is within the required reporting period for a March 20 transaction.

Context

  • This is a routine equity compensation event (RSU vesting) and not a market buy or voluntary sale. The disposals reported correspond to shares withheld to cover tax obligations — a common cashless settlement method when RSUs vest.
  • Such vesting transactions are informational (reflect compensation being paid out) and do not necessarily indicate a change in the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-03-20
Dunn Rick
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-03-20+3,029164,431 total
  • Exercise/Conversion

    Class A Common Stock

    2026-03-20+5,958170,389 total
  • Exercise/Conversion

    Class A Common Stock

    2026-03-20+15,062185,451 total
  • Exercise/Conversion

    Class A Common Stock

    2026-03-20+6,832192,283 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1]
    2026-03-204,6920 total
    Exercise: $0.00Class A Common Stock (4,692 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F2]
    2026-03-209,23746,194 total
    Exercise: $0.00Class A Common Stock (9,237 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-03-2023,350186,799 total
    Exercise: $0.00Class A Common Stock (23,350 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F4]
    2026-03-2010,593137,713 total
    Exercise: $0.00Class A Common Stock (10,593 underlying)
Footnotes (4)
  • [F1]On December 2, 2022, Mr. Dunn was granted 75,072 RSUs. These RSUs vest in equal quarterly installments from December 2, 2022 through March 20, 2026, generally subject to continued employment through each vesting date. On March 20, 2026, 4,692 shares vested of which 1,663 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith.
  • [F2]On August 9. 2023, Mr. Dunn was granted 147,801 RSUs. These RSUs vest in equal quarterly installments from September 20, 2023 through June 20, 2027, generally subject to continued employment through each vesting date. On March 20, 2026, 9,237 shares vested of which 3,279 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith
  • [F3]On June 7, 2024, Mr. Dunn was granted 373,595 RSUs. These RSUs vest in equal quarterly installments from June 20, 2024 through March 20, 2028, generally subject to continued employment through each vesting date. On March 20, 2026, 23,350 shares vested of which 8,288 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith.
  • [F4]On June 23, 2025, Mr. Dunn was granted 169,492 RSUs. These RSUs vest in equal quarterly installments from June 23, 2025 through June 20, 2029, generally subject to continued employment through each vesting date. On March 20, 2026, 10,593 shares vested of which 3,761 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith. Remarks:
Signature
/s/ Rick Dunn|2026-03-24

Documents

1 file
  • 4
    wk-form4_1774383059.xmlPrimary

    FORM 4