Planet Labs Pbc SEC Filings

Planet Labs PBC (PL) reported an insider transaction by Co-Founder and CEO William Spencer Marshall. On 10/13/2025, he sold 200,000 shares of Class A common stock at a weighted average price of $15.4966, executed under a Rule 10b5-1 trading plan adopted on July 12, 2025. Following the sale, he beneficially owns 3,156,387 shares directly. His holdings include 2,309,686 RSUs that vest in equal quarterly installments on the 15th of March, June, September, and December; each RSU represents a right to receive one share and has no expiration date.

Carl Bass, a director of Planet Labs PBC (PL), exercised stock options and sold shares on 10/06/2025. He exercised 376,748 options with an exercise price of $2.33 per share and simultaneously sold 376,748 Class A shares at a weighted-average price of $15.669 per share. After the transactions, he beneficially owned 317,530 Class A shares. The filing also corrects two previously misreported option expiration dates and shows an additional 153,183 option shares exercisable at an exercise price of $3.92 expiring on 11/06/2029. The transactions were reported on the SEC Form 4 filed for 10/06/2025.

Form 144 notice for Planet Labs PBC (PL) reports a proposed sale of 376,748 common shares by an insider via Morgan Stanley Smith Barney LLC on the NYSE. The filer indicates the shares were acquired and paid for the same day through a stock option exercise on 10/06/2025, and the aggregate market value of the shares at the time of the notice is $5,903,264.41. The filer certifies no undisclosed material adverse information is known and reports no other sales in the prior three months. The notice specifies cash payment for the exercised shares and lists the broker's address.

Planet Labs PBC (PL) Form 144 notice: The filer intends to sell 42,916 warrants through Morgan Stanley Smith Barney (NYSE) with an aggregate market value of $139,369.71, with an approximate sale date of 09/29/2025. The warrants were acquired as Founder Stock on 03/05/2021 and payment at acquisition was cash. The filing discloses prior warrant sales by Isalea Investments LP totaling 772,291 warrants during Aug–Sep 2025 for gross proceeds of $1,536,598.88. There are 12,833,315 warrants outstanding, so the recent three‑month sales represent about 6.0% of outstanding warrants. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.

Planet Labs PBC furnished a definitive information statement to notify stockholders that a board election approved by consenting stockholders will become effective 40 days after notice is first sent (notice sent on or about September 22, 2025). The filing describes the company’s corporate governance framework as a Delaware public benefit corporation with a dual-class share structure and identifies board composition, committee memberships, and director independence determinations. It details board risk oversight, lead independent director arrangements, meeting attendance, committee charters, director and executive compensation policies (including reduced outside director cash retainers and equity awards), stock ownership guidelines, severance and change-in-control arrangements, and CEO pay ratio of 33.7:1. The filing also summarizes the Business Combination that created Planet Labs PBC and discusses transition arrangements for a departing executive.

Form 144 notice for Planet Labs PBC (PL) reports a proposed sale of 170,262 warrants through Morgan Stanley Smith Barney on 09/17/2025 with an aggregate market value of $349,633.02. The filer shows these warrants were acquired as Founder Stock on 03/05/2021 and paid in cash. The filing lists recent related sales by ISALEA INVESTMENTS LP totaling 612,029 warrants on 08/19/2025, 09/12/2025 and 09/16/2025 for combined gross proceeds of $1,185,965.86. The filer certifies no knowledge of undisclosed material adverse information and provides the standard Rule 144 representation.

Ashley F. Johnson, President & CFO of Planet Labs PBC (PL), reported stock-based compensation transactions on 09/15/2025. Ms. Johnson received 24,187 shares upon vesting of performance restricted stock units (PSUs) that she elected to receive instead of a cash bonus for the first half of the fiscal year ending January 31, 2026. The issuer withheld 13,267 shares to satisfy withholding tax on those PSUs and 85,404 shares to satisfy withholding tax on vested restricted stock units (RSUs). Following these transactions Ms. Johnson beneficially owned 2,114,714 shares of Class A common stock. The filing discloses 1,436,245 RSUs that vest in equal quarterly installments on March 15, June 15, September 15 and December 15 and represent a contingent right to one share each with no expiration date.

Robert H. Schingler, Co‑Founder, Chief Strategy Officer and director of Planet Labs PBC (PL), reported insider transactions dated 09/15/2025. He received 15,244 shares upon vesting of performance restricted stock units (PSUs) that were issued in lieu of his cash bonus for the first half of fiscal 2026 after electing to convert the earned cash bonus into PSUs. The filing also shows 7,741 and 49,961 shares of Class A common stock withheld by the issuer to satisfy withholding tax liabilities; those withholding transactions are reported at a price of $9.86 per share. Beneficial ownership is reported as 1,428,201, 1,420,460, and 1,370,499 shares following the respective transactions. The filing discloses 933,672 restricted stock units (RSUs) that vest in equal quarterly installments on March 15, June 15, September 15 and December 15 and represent a contingent right to one share each with no expiration date.

Planet Labs PBC insider William Spencer Marshall reported multiple equity changes on 09/15/2025. He acquired 36,586 shares of Class A common stock upon the vesting of performance restricted stock units that replaced his cash bonus for the first half of the fiscal year ending January 31, 2026. The filing shows two withholding transactions: 18,579 shares withheld for taxes related to PSU vesting and 121,897 shares withheld for taxes related to RSU vesting. After these transactions, he beneficially owns 3,356,387 shares of Class A common stock, including 2,309,686 RSUs that vest quarterly and carry a contingent right to one share each with no expiration.