Tirman Matthew 4

4 · Satellogic Inc. · Filed Mar 24, 2026

AI-generated summary of this filing

Updated Mar 24, 2026

Satellogic (SATL) President Matthew Tirman Receives RSUs; Withholds Shares

What Happened

Matthew Tirman, President of Satellogic (SATL), had restricted stock units (RSUs) convert to common shares on March 20, 2026. A total of 33,896 RSUs vested (23,303 from a 2024 grant and 10,593 from a 2025 grant). No cash was paid for the shares (reported price $0.00). Of the vested shares, 10,098 were withheld to satisfy withholding/tax obligations (6,942 and 3,156 respectively), leaving him with 23,798 newly issued shares (16,361 + 7,437).

Key Details

Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filing appears timely).
Transaction type/code: M — exercise/conversion of derivative (RSU vesting and conversion to common stock).
Share counts and prices:
- 23,303 RSUs vested from 6/7/2024 grant; 6,942 withheld; 16,361 net issued; $0.00 price.
- 10,593 RSUs vested from 6/23/2025 grant; 3,156 withheld; 7,437 net issued; $0.00 price.
- Total vested: 33,896; total withheld: 10,098; total net received: 23,798.
Shares owned after the transaction: not specified in the filing.
Footnotes: Grants were made 6/7/2024 (372,841 RSUs) and 6/23/2025 (169,492 RSUs) with quarterly vesting schedules; the withholding reflects taxes due on vesting.

Context

These entries reflect routine RSU vesting and tax-withholding, not an open-market purchase or sale. The conversion was not a cash purchase (price $0.00); tax withholding was handled via share retention (common practice).
Such administrative vesting transactions are not direct buy/sell signals about near-term insider sentiment, but they do increase the insider's shareholding unless shares are subsequently sold.

Form 4

Period: 2026-03-20

President

Transactions

Exercise/Conversion
Class A Common Stock
2026-03-20+16,361→ 156,246 total
Exercise/Conversion
Class A Common Stock
2026-03-20+7,437→ 163,683 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-20−23,303→ 186,420 total
Exercise: $0.00→ Class A Common Stock (23,303 underlying)
Exercise/Conversion
Restricted Stock Unit
[F2]
2026-03-20−10,593→ 137,713 total
Exercise: $0.00→ Class A Common Stock (10,593 underlying)

Footnotes (2)

[F1]On Junes 7, 2024, Mr. Tirman was granted 372,841 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 March 20, 2026, 23,303 shares vested of which 6,942 shares were withheld in order to satisfy Mr. Tirman's obligations for payment of withholding and other taxes due in connection therewith.
[F2]On June 23, 2025, Mr. Tirman 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 March 20, 2026, 10,593 shares vested of which 3,156 shares were withheld in order to satisfy Mr. Tirman's obligations for payment of withholding and other taxes due in connection therewith.

Signature

/s/ Rick Dunn, Attorney-in-fact for Matthew Tirman|2026-03-24

1 file