An amended statement of changes in beneficial ownership for Frank Dixon Whitworth III, President of Satellogic Inc., was filed on November 4, 2026, disclosing a restricted stock unit grant made on October 19, 2026.

Key Highlights

  • Reporting person: Frank Dixon Whitworth III, President of Satellogic Inc. (NASDAQ:SATL)
  • Grant date: October 19, 2026, with the original filing dated October 22, 2026
  • RSUs granted: 356,193 restricted stock units tied to Class A Common Stock, acquired at $0 price
  • Vesting schedule: Quarterly over 5 years, with 5% vesting on December 20, 2026, and the remaining 95% in 5% quarterly installments through September 20, 2031
  • Post-transaction holdings: 356,193 derivative securities beneficially owned directly following the reported transaction

Satellogic President Receives Multi-Year RSU Award in October 2026

According to the amended filing, Satellogic Inc. granted Frank Dixon Whitworth III, the company's President, a total of 356,193 restricted stock units on October 19, 2026. The RSUs are classified as derivative securities with a conversion price of $0 and are tied to an equivalent number of shares of Class A Common Stock. The grant is held directly by the reporting person, and no shares appear in Table I covering non-derivative securities.

The filing states that vesting occurs on a quarterly basis over a five-year period, "generally subject to continued employment through each vesting date." The first installment, representing 5% of the total grant, is scheduled to vest on December 20, 2026. Subsequent installments of 5% each are set to vest on the 20th of each quarter-end month, with the final installment scheduled for September 20, 2031. Satellogic is a satellite imagery and geospatial analytics company whose Class A Common Stock trades on NASDAQ under the ticker SATL. The amended form was signed by Noah Benz as attorney-in-fact for Frank Dixon Whitworth III and submitted on November 4, 2026.

What Was Disclosed

The amended filing reports a grant of 356,193 RSUs to Satellogic's President, Frank Dixon Whitworth III, on October 19, 2026. The units vest quarterly over five years starting December 20, 2026, and are linked to Class A Common Stock at a $0 exercise price.