Wang Theodore Glass 4/A

What Happened

• Wang Theodore Glass, a director of Satellogic Inc. (SATL), was granted 32,665 restricted stock units (RSUs) on June 10, 2026. The grant is recorded at $0.00 per share (no cash paid) and reported as a derivative award (code A).
• This is a compensation award (not a market purchase or sale) — RSUs represent the right to receive shares in the future if vesting conditions are met.

Key Details

• Transaction date and filing: Grant dated 2026-06-10; amended Form 4 filed 2026-07-21.
• Award amount and price: 32,665 RSUs; reported price $0.00; total reported value $0 (compensation award).
• Vesting and deferral: Footnote states all RSUs vest on May 31, 2027 subject to continued service; grantee elected to defer receipt of underlying shares until May 10, 2028.
• Shares owned after transaction: Not specified in the provided filing summary.
• Timeliness: This is an amended filing submitted over a month after the grant date; insiders are generally required to report Section 16 transactions within two business days, so the amendment may reflect a late or corrected report.

Context

• RSUs are a form of equity compensation: they convert into common shares only if vesting conditions are met; because receipt was deferred, the actual shares will be delivered later (May 10, 2028) if vesting occurs.
• Such awards are routine executive/director compensation and do not by themselves indicate buying or selling sentiment in the open market.