Planet Labs (PL) files Form 144 for 10,000 warrants valued $10,217

Planet Labs PBC (PL) filing a Form 144 notifies a proposed sale of 10,000 warrants through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $10,217 and an approximate date of sale of 08/19/2025.

Rhea-AI Filing Summary

Planet Labs PBC (PL) filing a Form 144 notifies a proposed sale of 10,000 warrants through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $10,217 and an approximate date of sale of 08/19/2025. The filer reports acquiring the warrants as founder stock on 03/05/2021 for cash. The filing also lists two warrant sales by ISALEA INVESTMENTS LP on 06/12/2025 (8,600 warrants, $5,849.72) and 06/13/2025 (3,800 warrants, $2,443.40). The filing includes the required representation that the seller knows of no undisclosed material adverse information.

Positive

• Rule 144 disclosure filed (LIVE), providing transparency on the proposed sale
• Acquisition details provided: warrants were acquired as founder stock on 03/05/2021 for cash

Negative

• Proposed sale of 10,000 warrants (aggregate market value $10,217) could represent insider-related selling activity
• Recent sales reported by ISALEA INVESTMENTS LP in June 2025 totaling 12,400 warrants and $8,293.12 in gross proceeds

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice for sale of founder warrants; contains prior June warrant sales listed.

The Form 144 documents a proposed sale of 10,000 warrants by an insider-related account, acquired as founder stock in March 2021 and to be sold via Morgan Stanley Smith Barney on the NYSE on 08/19/2025 with an aggregate market value of $10,217. The filing also reports two recent warrant dispositions by ISALEA INVESTMENTS LP in June 2025 totaling 12,400 warrants and $8,293.12 in gross proceeds. From a compliance perspective, the form contains required acquisition, payment and recent-sales disclosures and the statutory attestations; it does not include any additional explanatory or contextual disclosure.

Equity Capital Markets Specialist

TL;DR: Small-scale insider warrant sale disclosed; impact appears immaterial to overall capitalization based on quantities reported.

The notice shows a planned disposition of 10,000 warrants (aggregate market value $10,217) against a reported number of 12,833,315 shares/units outstanding. Prior sales listed in June 2025 totaled 12,400 warrants for $8,293.12. These figures are explicitly reported on the form; the filing does not provide valuation methodology or effect on potential dilution beyond the raw counts provided. The disclosure fulfils Rule 144 reporting requirements but presents no additional financial metrics.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Planet Labs (PL) Form 144 report?

The Form 144 reports a proposed sale of 10,000 warrants to be executed via Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $10,217 and an approximate sale date of 08/19/2025.

When were the warrants acquired according to the filing?

The warrants were acquired on 03/05/2021 as founder stock and payment is listed as cash.

Did the filing disclose any recent related sales?

Yes. The filing lists two sales by ISALEA INVESTMENTS LP in June 2025: 8,600 warrants on 06/12/2025 for $5,849.72 and 3,800 warrants on 06/13/2025 for $2,443.40.

Through which broker will the proposed sale occur?

Morgan Stanley Smith Barney LLC at Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

Does the Form 144 include any statement about undisclosed material information?

Yes. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/19/2025 - 04:17 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001480011
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PLANET LABS PBC
SEC File Number	001-40166
Address of Issuer	645 Harrison Street Floor 4 SAN FRANCISCO CALIFORNIA 94107
Phone	415-829-3313
Name of Person for Whose Account the Securities are To Be Sold	ISALEA INVESTMENTS LP
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Former Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Warrant	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10000	10217.00	12833315	08/19/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Warrant	03/05/2021	Founder Stock	Issuer			10000	03/05/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ISALEA INVESTMENTS LP 645 Harrison Street Floor 4 SAN FRANCISCO CA 94107	Warrant	06/13/2025	3800	2443.40
ISALEA INVESTMENTS LP 645 Harrison Street Floor 4 SAN FRANCISCO CA 94107	Warrant	06/12/2025	8600	5849.72

144: Remarks and Signature

Remarks
Date of Notice	08/19/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Niccolo de Masi
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)