Dunn Rick 4

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.