BlackSky general counsel sells 6,000 shares for $101,160

Christiana L. Lin, General Counsel and Chief Administrative Officer of BlackSky Technology Inc. (NASDAQ:BKSY), sold 6,000 shares of the company’s Class A common stock on October 20, 2026. The transaction totaled $101,160.

The shares were sold at a weighted average price of $16.86 per share, with individual trades occurring within a price range of $16.57 to $17.33. This sale was executed under a Rule 10b5-1 trading plan, which Ms. Lin adopted in June 2026. The timing comes as BlackSky’s stock has declined 59% over the past six months, though InvestingPro analysis suggests the stock is currently undervalued relative to its Fair Value.

Following this transaction, Ms. Lin directly beneficially owns 415,680 shares of BlackSky Technology. Some of these securities are Restricted Stock Units (RSUs), which represent a contingent right to receive one share of Class A common stock, subject to their respective vesting schedules and conditions. For deeper insights into BlackSky’s financial health and stock performance, InvestingPro offers a comprehensive Pro Research Report covering this and 1,400+ other US equities.

In other recent news, BlackSky Technology reported its second-quarter financial results, showcasing a significant increase in revenue. The company’s revenue rose 50% year-over-year to $33.3 million, surpassing Wall Street’s estimate of $30.68 million. However, BlackSky Technology’s loss per share widened to $0.54, which was greater than analysts’ forecast of a $0.37 loss per share. Despite the earnings miss, the revenue growth indicates a positive trend in the company’s sales performance.

Additionally, BlackSky Technology held its annual meeting of stockholders, where several key decisions were made. Timothy Harvey and William Porteous were elected as Class II directors, each receiving over 13 million votes in favor. Susan Gordon was also elected as a director, receiving over 3 million votes. These developments are part of BlackSky Technology’s recent activities, reflecting both financial performance and corporate governance changes.