This is a routine tax-motivated sell-to-cover transaction, not a discretionary insider sale. The insider retains ~1.06M shares post-sale. No bearish signal — monitor for any discretionary sales in future filings.
Price Chart
Executive Summary
Brian O'Toole, an officer of BlackSky Technology Inc., filed a Form 144 notice of intent to sell up to 56,497 shares of Class A Common Stock, with an approximate market value of $1,172,312 based on a recent price of $20.75. The filing indicates the sale is to satisfy tax withholding obligations upon vesting of restricted share units, not a discretionary open-market sale. The insider has also sold 20,000 shares on 09/09/2026, suggesting a pattern of routine sell-to-cover transactions.
Key Facts
- Insider Brian O'Toole (officer) filed Form 144 to sell up to 56,497 shares of Class A Common Stock.
- Estimated sale value: $1,172,312 based on $20.75 per share.
- Sale is described as a non-discretionary sell-to-cover arrangement for tax liabilities on vesting RSUs.
- Insider also sold 20,000 shares on 09/09/2026 and 15,512 shares on 06/10/2026.
- Total shares held after sale: 1,063,179 shares.
- Company market cap: $884M; sale represents ~0.13% of market cap.
Financial Impact
Up to $1.17M in shares sold, representing 0.13% of market cap.
Risk Factors
- Insider selling pattern could accelerate if stock price declines further.
- Sell-to-cover transactions are non-discretionary but reduce insider alignment.
- Stock is OTC-listed, which may limit liquidity and increase volatility.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001753539-26-000140 |
| Document: 0001753539-26-000140-index.html | 0001753539-26-000140 |
| Document: 0001753539-26-000140.txt | 0001753539-26-000140 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Insider Cluster | $17.58 | awaiting T+20 | — | $17.84 (+1.48%) |
Sep 22, 2026 4w ago | Insider Cluster | $22.25 $17.35 | ▲ +22.02% | ▲ +22.71% | $17.84 (+19.82%) |
Sep 14, 2026 6w ago | Insider Cluster | $21.38 $19.72 | ▼ −7.76% | ▼ −10.49% | $17.84 (−16.56%) |
Sep 14, 2026 6w ago | Insider Cluster | $21.38 $19.72 | ▲ +7.76% | ▲ +10.49% | $17.84 (+16.56%) |
Sep 10, 2026 6w ago | 144 | $20.61 $20.92 | ▲ +1.50% | ▼ −0.36% | $17.84 (−13.44%) |
Sep 10, 2026 6w ago | 144 | $20.61 $20.92 | ▲ +1.50% | ▼ −0.36% | $17.84 (−13.44%) |
Sep 10, 2026 6w ago | 144 | $20.61 $20.92 | ▲ +1.50% | ▼ −0.36% | $17.84 (−13.44%) |
Aug 26, 2026 8w ago | 25-NSE | $24.68 $23.17 | ▲ +6.12% | ▲ +7.32% | $17.84 (+27.71%) |
Aug 8, 2026 11w ago | Institutional Cluster | $28.61 $22.08 | ▼ −22.82% | ▼ −21.91% | $17.84 (−37.64%) |
Aug 6, 2026 11w ago | 8-K | $27.79 $20.63 | ▼ −25.76% | ▼ −26.36% | $17.84 (−35.80%) |
US Market Status
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