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Form 4 HawkEye 360, Inc. For: May 08 Filed by: DEWALT DAVID G

May 12, 2026 4:16 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
DEWALT DAVID G

(Last) (First) (Middle)
C/O HAWKEYE 360, INC.
450 SPRINGPARK PLACE, SUITE 500

(Street)
HERNDON VA 20170

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HawkEye 360, Inc. [ HAWK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/08/2026 C 467,726 A (1) 467,726 D
Common Stock 05/08/2026 C 5,841,537 A (1) 6,911,018 I See footnote (2)
Common Stock 05/08/2026 M 30,645 A (3) 6,941,663 I See footnote (2)
Common Stock 05/08/2026 D 12 D (3) 6,941,651 I See Footnote (2)
Common Stock 05/08/2026 M 85,273 A (4) 7,026,924 I See footnote (2)
Common Stock 05/08/2026 D 33 D (4) 7,026,891 I See Footnote (2)
Common Stock 05/08/2026 M 13,535 A (5) 7,040,426 I See footnote (2)
Common Stock 05/08/2026 D 5,818 D (5) 7,034,608 I See footnote (2)
Common Stock 05/08/2026 C 2,114,806 A (1) 2,114,806 I See footnote (6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A-1 Preferred Stock (1) 05/08/2026 C 120,242 (1) (1) Common Stock 120,242 $ 0 0 D
Series A-1 Preferred Stock (1) 05/08/2026 C 32,719 (1) (1) Common Stock 32,719 $ 0 0 I See Footnote (2)
Series A-1 Preferred Stock (1) 05/08/2026 C 271,102 (1) (1) Common Stock 271,102 $ 0 0 I See Footnote (6)
Series A-2 Preferred Stock (1) 05/08/2026 C 133,023 (1) (1) Common Stock 133,023 $ 0 0 D
Series A-2 Preferred Stock (1) 05/08/2026 C 36,196 (1) (1) Common Stock 36,196 $ 0 0 I See Footnote (2)
Series A-2 Preferred Stock (1) 05/08/2026 C 299,917 (1) (1) Common Stock 299,917 $ 0 0 I See Footnote (6)
Series A-3 Preferred Stock (1) 05/08/2026 C 45,008 (1) (1) Common Stock 45,008 $ 0 0 D
Series A-3 Preferred Stock (1) 05/08/2026 C 12,247 (1) (1) Common Stock 12,247 $ 0 0 I See Footnote (2)
Series A-3 Preferred Stock (1) 05/08/2026 C 101,477 (1) (1) Common Stock 101,477 $ 0 0 I See Footnote (6)
Series B Preferred Stock (1) 05/08/2026 C 116,825 (1) (1) Common Stock 116,825 $ 0 0 D
Series B Preferred Stock (1) 05/08/2026 C 31,789 (1) (1) Common Stock 31,789 $ 0 0 I See Footnote (2)
Series B Preferred Stock (1) 05/08/2026 C 263,398 (1) (1) Common Stock 263,398 $ 0 0 I See Footnote (6)
Series C Preferred Stock (1) 05/08/2026 C 37,589 (1) (1) Common Stock 37,589 $ 0 0 D
Series C Preferred Stock (1) 05/08/2026 C 5,017,739 (1) (1) Common Stock 5,017,739 $ 0 0 I See Footnote (2)
Series C Preferred Stock (1) 05/08/2026 C 84,751 (1) (1) Common Stock 84,751 $ 0 0 I See Footnote (6)
Series D Preferred Stock (1) 05/08/2026 C 15,039 (1) (1) Common Stock 15,039 $ 0 0 D
Series D Preferred Stock (1) 05/08/2026 C 220,162 (1) (1) Common Stock 220,162 $ 0 0 I See Footnote (2)
Series D Preferred Stock (1) 05/08/2026 C 33,909 (1) (1) Common Stock 33,909 $ 0 0 I See Footnote (6)
Series D-1 Preferred Stock (1) 05/08/2026 C 278,635 (1) (1) Common Stock 278,635 $ 0 0 I See Footnote (2)
Series E Preferred Stock (1) 05/08/2026 C 212,050 (1) (1) Common Stock 212,050 $ 0 0 I See Footnote (2)
Series E Preferred Stock (1) 05/08/2026 C 1,060,252 (1) (1) Common Stock 1,060,252 $ 0 0 I See Footnote (6)
Warrant to Purchase Common Stock $ 0.01 05/08/2026 M 30,645 (3) (3) Common Stock 30,645 $ 0 0 I See Footnote (7)
Warrant to Purchase Common Stock $ 0.01 05/08/2026 M 85,273 (4) (4) Common Stock 85,273 $ 0 0 I See Footnote (7)
Warrant to Purchase Common Stock $ 11.1747 05/08/2026 M 13,535 (5) (5) Common Stock 13,535 $ 0 0 I See Footnote (7)
Explanation of Responses:
1. The Series A-1 Preferred Stock, Series A-2 Preferred Stock, Series A-3 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series D-1 Preferred Stock and Series E Preferred Stock automatically converted into common stock upon the closing of the Issuer's initial public offering for no additional consideration, on a 1-for-1 basis, and had no expiration date.
2. The shares are held of record by NightDragon Growth I, L.P. ("NightDragon I"). NightDragon Growth GP I, LLC ("NightDragon GP I") is the general partner of NightDragon I. The Reporting Person is the managing member of NightDragon GP I and may be deemed to hold voting and investment power with respect to the shares held by NightDragon I.
3. The warrant to acquire common stock automatically net exercised into shares of the Issuer's common stock immediately prior to consummation of the IPO. The warrant had an exercise price of $0.01 per share. The holder paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 12 of the warrant shares to pay the exercise price and issuing to the holder the remaining 30,633 shares.
4. The warrant to acquire common stock automatically net exercised into shares of the Issuer's common stock immediately prior to consummation of the IPO. The warrant had an exercise price of $0.01 per share. The holder paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 33 of the warrant shares to pay the exercise price and issuing to the holder the remaining 85,240 shares.
5. The warrant to acquire common stock automatically net exercised into shares of the Issuer's common stock immediately prior to consummation of the IPO. The warrant had an exercise price of $11.1747 per share. The holder paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 5,818 of the warrant shares to pay the exercise price and issuing to the holder the remaining 7,717 shares.
6. The shares are held of record by NightDragon Growth II, L.P. ("NightDragon II"). NightDragon Growth GP II, LLC ("NightDragon GP II") is the general partner of NightDragon II. The Reporting Person is the managing member of NightDragon GP II and may be deemed to hold voting and investment power with respect to the shares held by NightDragon II.
7. The Warrant is held of record by NightDragon I. NightDragon GP I is the general partner of NightDragon I. The Reporting Person is the managing member of NightDragon GP I and may be deemed to hold voting and investment power with respect to the shares held by NightDragon I.
/s/ Michael S. Turner, Attorney-in-Fact 05/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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