BlackSky CEO Brian O’Toole sells $337,200 in company stock
On October 20, 2026, Brian E. O’Toole, CEO and President of BlackSky Technology Inc., sold 20,000 shares of the company's Class A Common Stock, generating a total of $337,200. The shares were traded within a range of $16.54 to $17.32, with an average price of $16.86 per share. This sale was conducted under a Rule 10b5-1 trading plan that O’Toole established in June 2026.
BlackSky's stock price has dropped approximately 59% over the last six months, currently at $16.69, and is considered undervalued by InvestingPro. O’Toole still holds 1,023,396 shares of the company's stock, some of which are Restricted Stock Units (RSUs). BlackSky reported a 50% revenue increase to $33.3 million in the second quarter, but its loss widened to $0.54 per share, exceeding analysts' expectations.
The company also held its 2026 annual meeting of stockholders, electing new directors Timothy Harvey, William Porteous, and Susan Gordon. These events highlight BlackSky's efforts to improve its financial performance and governance.
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