Company: SATLW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001628280-25-014951
Chunk: 58

Company: Satellogic Inc.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 11
Chunk 58
---
ITEM 11. EXECUTIVE COMPENSATION

We are currently considered a “smaller reporting company” within the meaning of the Securities Act for purposes of the SEC’s executive compensation disclosure rules. Accordingly, we are required to provide a Summary Compensation Table and an Outstanding Equity Awards at Fiscal Year End Table, as well as limited narrative disclosures regarding executive compensation, for our last completed fiscal year. Further, our reporting obligations extend only to “Named Executive Officers,” which are the individuals who served as principal executive officer and the next two most highly compensated executive officers at any time during fiscal year 2024 or fiscal year 2023.

Summary Compensation Table

The following table sets forth the compensation paid and accrued to be paid by the Company for fiscal years 2024 and 2023 to the Company’s Chief Executive Officer, Chief Financial Officer and President, our “Named Executive Officers” (“NEOs”).

Name and principal positionYearSalary ($)Bonus ($)Stock awards ($) (1)All other compensation ($)(6)Total ($)Emiliano Kargieman2024477,841 — — — 477,841 Chief Executive Officer2023479,712 — — — 479,712 Rick Dunn2024461,500 250,000 (7)410,955 (2)10,095 1,132,550 Chief Financial Officer2023461,500 — 263,086 (3)11,550 736,136 Matthew Tirman2024420,000 — 410,125 (4)12,929 843,054 President2023348,012 — 180,200 (5)28,019 556,231 

(1) Represents restricted stock units (“RSUs”) granted under our Amended and Restated 2021 Incentive Compensation Plan (the “2021 Plan”) prior to the amendment and restatement of the 2021 Plan in connection with the Domestication.

(2) Mr. Dunn was granted 373,595 RSUs on June 7, 2024 valued at the grant date value of $1.10 per share based on the Company’s closing stock price on that date, of which 23,349 vested on June 20, 2024, 23,350 vested on September 20, 2024, 23,349 vested on December 20, 2024, and the remainder vest quarterly beginning March 20,