Kargieman Emiliano 4

What Happened

• Emiliano Kargieman, CEO of Satellogic (SATL), had 26,483 restricted stock units (RSUs) vest on March 20, 2026. Of those vested shares, 6,418 were withheld to cover tax withholding, leaving him with 20,065 newly issued shares. The conversion/exercise was reported as derivative activity (transaction code M) at an effective price of $0.00, so no cash was paid or received for the net shares.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed within the two-business-day window).
• Shares vested: 26,483; shares withheld for taxes: 6,418; net shares delivered: 20,065.
• Transaction price shown: $0.00 (standard for RSU vesting/conversion).
• Footnote: On June 23, 2025, Kargieman was granted 423,729 RSUs that vest in equal quarterly installments through June 20, 2029; the March 20, 2026 entry is one scheduled vesting installment.
• Shares owned after the transaction: not specified in the provided filing data.

Context

• This was a routine vesting/tax-withholding event for RSUs, not an open-market purchase or sale; withholding of shares to cover taxes is common and does not necessarily indicate a change in insider sentiment. The filing shows conversion/vesting (derivative exercise) rather than a sale of shares to the market.