Dunn Rick 4
4 · Satellogic Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Satellogic (SATL) CFO Rick Dunn Receives 30,899 Vested RSU Shares
What Happened
Rick Dunn, Chief Financial Officer of Satellogic (SATL), had restricted stock units (RSUs) vest on June 20, 2026. A total of 43,180 shares vested across three prior RSU grants; 30,899 shares were issued to Mr. Dunn and 12,281 shares were withheld to satisfy tax withholding obligations. All transactions are reported as conversions/exercises of derivatives (code M) at $0.00 per share (RSU vesting, not a market purchase or sale).
Key Details
- Transaction date: June 20, 2026; Form 4 filed June 23, 2026 (timely under Form 4 rules).
- Price: $0.00 per share (ordinary RSU vesting — no cash paid).
- Vesting breakdown (per filing footnotes):
- Grant (Aug 9, 2023): 9,237 vested → 6,610 shares delivered, 2,627 withheld.
- Grant (June 7, 2024): 23,349 vested → 16,708 shares delivered, 6,641 withheld.
- Grant (June 23, 2025): 10,594 vested → 7,581 shares delivered, 3,013 withheld.
- Total vested: 43,180 shares; total delivered to Dunn: 30,899; total withheld for taxes: 12,281.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes explain vesting schedules and that withheld shares were used to satisfy tax obligations (routine withholding).
Context
These entries reflect routine RSU vesting and tax-withholding (a conversion of derivative awards into common stock), not open-market buys or discretionary sales. Withheld shares were surrendered solely to cover tax obligations — this is a compensation event rather than an indicator of trading intent. No late filing or 10b5-1 plan is noted in the filing.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-06-20+6,610→ 234,638 total - Exercise/Conversion
Class A Common Stock
2026-06-20+16,708→ 251,346 total - Exercise/Conversion
Class A Common Stock
2026-06-20+7,581→ 258,927 total - Exercise/Conversion
Restricted Stock Unit
[F1]2026-06-20−9,237→ 36,957 totalExercise: $0.00→ Class A Common Stock (9,237 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2]2026-06-20−23,349→ 163,450 totalExercise: $0.00→ Class A Common Stock (23,349 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3]2026-06-20−10,594→ 127,119 totalExercise: $0.00→ Class A Common Stock (10,594 underlying)
Footnotes (3)
- [F1]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 June 20, 2026, 9,237 shares vested of which 2,627 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith.
- [F2]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 June 20, 2026, 23,349 shares vested of which 6,641 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 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 June 20, 2026, 10,594 shares vested of which 3,013 shares were withheld in order to satisfy Mr. Dunn's obligations for payment of withholding and other taxes due in connection therewith.