Kharsansky Alan 4
Research Summary
AI-generated summary
Satellogic (SATL) CTO Alan Kharsansky Receives RSU Vesting; Shares Withheld
What Happened
- Alan Kharsansky, Chief Technology Officer of Satellogic (SATL), had RSUs vest on June 20, 2026. A total of 22,065 shares vested (7,500 and 14,565 from two prior grants). Of those, 7,723 shares were withheld to cover taxes, leaving a net 14,342 shares issued to him.
- The Form 4 lists the transactions as derivative exercises/conversions (transaction code M) with a reported price of $0.00 per share (standard for RSU-to-stock vesting). The withheld shares are reported as dispositions in the filing; withholding amounts are noted in the filing footnotes.
Key Details
- Transaction date: June 20, 2026; Form 4 filed June 23, 2026 (appears timely).
- Reported price: $0.00 (conversion of RSUs to common stock).
- Shares vested: 22,065 total (7,500 + 14,565). Shares withheld for taxes: 7,723 total (2,625 + 5,098). Net shares acquired: 14,342 (4,875 + 9,467 reported as acquired).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: 120,000 RSUs granted June 7, 2024, vesting quarterly from June 20, 2024–Mar 20, 2028; 7,500 vested on 6/20/26 (2,625 withheld).
- F2: 233,051 RSUs granted June 23, 2025, vesting quarterly from Sept 20, 2025–June 20, 2029; 14,565 vested on 6/20/26 (5,098 withheld).
- Filing remark: number of shares withheld is an estimate pending final payroll processing.
Context
- This was RSU vesting with share withholding for tax obligations — not an open-market sale or purchase. Withholding is routine and should not be interpreted as a discretionary sale.
- The filing uses derivative-conversion reporting (M); net result is an increase in Kharsansky’s share holdings by 14,342 shares.