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EdgarHawk

SATL Satellogic Inc. Insider Trading

Latest: Director Sold $97.7M of Shares · May 2026
2 filings analyzed · Latest 2026-05-28
Insider buys
0
Insider sells
2
Unique insiders
2
Direction
Net selling
May 2026
2026-05-28
high
Liberty 77 Capital LP Sell
10,000,000 shares
$97,700,000
@ $9.77
Significance 7/10

Liberty 77 Capital LP sold 10,000,000 shares of SATL at $9.77, reducing stake by 50% to 10,000,000 shares; stock up 60.2% in 30d, +228.3% in 90d vs unprofitable fundamentals.

Liberty 77 Capital LP divested exactly half its Satellogic position (10,000,000 shares) at $9.77 on 2026-05-26, generating $97.7M, while the stock has rocketed 60.2% over the prior 30 days and +228.3% over 90 days despite the company's underlying unprofitability (net income of $-118,302,000.00 in the latest full fiscal year) and $6,107,000.00 quarterly revenue. The director's cross-ticker track record shows only 1 prior sell with a 0.00% well-timed rate (meaning that sell occurred before a subsequent stock rise), whereas 62.50% of his 19 prior buys were profitable within 90 days; this sell occurs into a backdrop of extreme recent momentum that stands materially divorced from negative earnings and modest absolute revenue. The 50% position reduction at current valuations relative to the company's cash-burn trajectory and depressed profitability profile merits investor scrutiny of whether this reflects market-timing or fundamental reassessment.

2026-05-20
high
Kharsansky Alan Sell
Chief Technology Officer
87,091 shares
$727,297
@ $8.35
Significance 7/10

CTO Alan Kharsansky sells 87.1K SATL shares (-64.6%) at $8.35; stock up 45.1% in 30d despite -$118.3M net income

CTO Alan Kharsansky sold 87,091 shares at $8.35, reducing his holdings by 64.6% from 134.9K to 47.8K shares for total proceeds of $727.3K. This substantial reduction occurs in a stock that has rallied sharply (up 45.1% over 30 days and 198.2% over 90 days), yet the company remains deeply unprofitable with a net income of $-118.3M against quarterly revenue of $6.1M. While the company shows strong 37.6% annual revenue growth, the massive operating losses and the timing of this large insider liquidation during a steep price run-up warrant investor scrutiny of whether the recent momentum reflects sustainable operational improvement or near-term valuation expansion disconnected from profitability fundamentals.

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