SATL Satellogic Inc. Insider Trading

Director Steven T Mnuchin sold 10,000,000 shares (50% of holdings) at $9.77 for $97.7M on 2026-05-26.

Mnuchin executed a substantial sale of 10,000,000 shares at $9.77, reducing his stake in Satellogic from 20,000,000 to 10,000,000 shares—a 50% reduction in position size. This represents a significant exit at a price that is 17.9% below the 52-week high of $12.00, despite the stock's dramatic 228.3% gain over the prior 90 days. The transaction timing is notable: Mnuchin's cross-ticker track record across all securities shows only 1 prior sale, which posted a 0.00% well-timed rate (the stock rose 63.3% on average in the 90 days following his prior sells), meaning his historical sells have been poorly timed. Satellogic's fundamentals underscore tension in the valuation: the company generated only $6.1M in quarterly revenue but carries a $268.9M market cap and posted a $118.3M net loss in its most recent period, making this a cash-burning, pre-profitability biotech-like enterprise. The sale's magnitude and the company's negative profitability warrant investor attention to whether Director confidence in the near-term trajectory has shifted.

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.

CFO Rick Dunn buys 35,745 shares of SATL for $197,089.17 across 2 transactions; 18.6% portfolio increase

Rick Dunn, CFO of Satellogic Inc., executed 2 separate open-market purchases totaling 35,745 shares for $197,089.17, increasing his holdings by 18.6% from 192,283 to 228,028 shares. The purchases occurred at $5.91 on 2026-03-27 and $5.17 on 2026-03-30, blending to $5.51, within the 52-week range of $1.27–$6.42. His prior trades at SATL (2 sells in May 2025) were both well-timed at the 90-day mark, with negative post-sale returns of -14.8% and -30.4%. The company shows revenue of $3,633,000 (latest quarter) with annual growth of +37.6%, but was unprofitable over its most recent full fiscal year. Stock has gained +81.3% over the last 30 days and +190.9% over 90 days, now trading at $5.44. The timing and magnitude of this purchase against a backdrop of recent sharp momentum and the insider's documented track record of well-timed exits warrants investor attention to whether this represents conviction or market-driven activity at an elevated price-to-fundamentals level.

Cantor Fitzgerald sells 500,000 shares of SATL at $5.01; stock now at $6.22 (+93.8% in 30d); insider's prior same-ticker sells poorly timed.

Cantor Fitzgerald sold 500,000 shares (3.9% of pre-transaction holdings) at $5.01 on 2026-03-23, when SATL was trading well below its current price of $6.22 and its 52-week high. The stock has surged 93.8% in the 30 days since the sale and 184.0% over 90 days. Examined against his prior trades at SATL: across 5 previous transactions at this ticker, his last two measurable sales (2025-12-09) achieved positive 90-day returns of +69.1%, indicating his earlier SATL sales were poorly timed relative to subsequent price appreciation. His three most recent same-ticker sells (2026-01-28, 2026-01-29, 2026-01-30) each posted negative 30-day returns of approximately -46%, yet outcomes remain incomplete for the 90-day measure. This pattern of selling into strength (current price +93.8% from transaction) while historical SATL sales have underperformed—and recent sales have faced immediate headwinds—deserves scrutiny given SATL's volatile performance and the insider's lack of demonstrated timing accuracy at this ticker.

10% Owner CANTOR FITZGERALD, L.P. sold 524,373 shares across 3 sales (Jan 28-30) for $2.9M at avg $5.61; post-transaction holdings 12.86M shares.

CANTOR FITZGERALD, L.P. executed 3 separate sales totaling 524,373 shares for $2,943,050.09 between January 28-30, 2026, at a blended average price of $5.61 per share. The current price is $4.60, representing a -16.4% decline from the 52-week high of $5.50, which means the insider sold near the higher end of recent trading ranges. The insider retains 12,856,500 shares post-transaction, indicating this represents a -3.9% reduction from pre-transaction holdings while maintaining a substantial 10% ownership stake. The company shows positive fundamentals with quarterly net income of $4.0M and annual revenue growth of +27.8%, though context on the insider's historical sell-timing accuracy at Satellogic is not yet measurable given recent 2025-12-09 trades on which 90-day outcomes are outstanding.

10% owner Cantor Fitzgerald bought 10,000 shares at $1.88 while selling 10,000 shares at $1.87–$1.88 on 2025-12-09

Cantor Fitzgerald, a 10% shareholder, executed 26 transactions on 2025-12-09: a single purchase of 10,000 shares at $1.88 ($18,800.00) paired with 25 separate sales of 10,000 shares total at $1.87–$1.88 prices ($18,710.40). The near-identical transaction volumes and prices (differing by just $89.60 across the entire trade day) suggest a structural rebalancing or portfolio adjustment rather than a conviction-driven directional signal. Post-transaction holdings stand at 13,380,873 shares. The current share price of $2.22 represents a 53.2% decline from the 52-week high of $4.74, though the stock has rallied 37.0% over the past 30 days.

SATL CEO Kargieman sells 294,161 shares for $1.2M via scheduled 10b5-1 plan adopted June 2025

Kargieman Emiliano, Chief Executive Officer of Satellogic Inc., executed 2 separate sales totaling 294,161 shares for $1,197,996.84 at a blended average price of $4.07 per share on 2025-10-14 and 2025-10-15. This transaction reduces his post-transaction holdings to 1,323,482 shares from a pre-transaction position of 1,617,643 shares, representing an 18.2% reduction in his shareholding. Critically, this sale is part of a pre-arranged 10b5-1 trading plan adopted on 2025-06-23, meaning the timing and volume were scheduled in advance rather than a discretionary decision made at the time of execution. The sale is a material portfolio action but does not provide signal regarding current insider views on valuation or company prospects given its programmatic nature.

CEO Kargieman Emiliano sold 402,303 shares for $1,641,615.04 via pre-arranged 10b5-1 plan

Kargieman Emiliano, Chief Executive Officer of Satellogic Inc., executed 3 separate sales totaling 402,303 shares for $1,641,615.04 at blended average price $4.08 across October 8-10, 2025. This reduces his holdings from 2,019,946 shares to 1,617,643 shares, a reduction of 402,303 shares or 19.9% versus pre-transaction holdings. The sales were executed under a pre-arranged 10b5-1 trading plan adopted on 2025-06-23, meaning the transaction schedule was set in advance and does not reflect discretionary trading decisions at current market conditions. The magnitude of the reduction (402.3K shares) and the CEO's retained position (1.62M shares post-sale) merit monitoring for context regarding capital allocation and insider confidence signals.

Satellogic CEO Kargieman sold 662,749 shares (24.9% of holdings) for $2,587,581.92 across three days in mid-September

Emiliano Kargieman executed 3 separate sales totaling 662,749 shares for $2,587,581.92 on September 9, 10, and 11–12, 15–16, reducing his stake from 2.66M shares to 2.00M shares. The blended average price of $3.90 sits between the company's current price of $3.77 and its 52-week low of $0.94, indicating the sales occurred near recent highs within the trading range. Satellogic's fundamentals show quarterly revenue of $4,440,000.00 with a net loss of $6,652,000.00, though annual revenue growth stands at +27.8%, painting a picture of scaling operations offset by operational losses. The rapid sequence of sales—executed over overlapping dates on September 9–12 and again September 15–16—suggests deliberate liquidation rather than isolated rebalancing, warranting investor attention to whether this reflects confidence in upcoming improvements or conviction to reduce exposure.

Satellogic CEO Kargieman sells 142,516 shares in 3 transactions for $536,999.19; retains 2,662,749 shares.

Kargieman Emiliano, Chief Executive Officer of Satellogic Inc., executed 3 separate sales totaling 142,516 shares for $536,999.19 across September 9–11, 2025, at a blended average price of $3.77. This represents a -5.1% reduction from his pre-transaction holdings of 2.81M shares, leaving him with 2.66M shares post-transaction. The current stock price of $3.74 is only marginally below the transaction prices, and the stock has appreciated 16.2% over the past 90 days and 7.5% over the past 30 days, placing it -21.1% from its 52-week high of $4.74. While the company is unprofitable with a net income of $-6.7M in the latest quarter, it shows strong annual revenue growth of +27.8% and reported quarterly revenue of $4.4M. The CEO retains substantial majority ownership (2.66M shares), which mitigates concern about a loss of confidence in the business direction.