20,000 Planet Labs (NYSE: PL) shares flagged for potential sale
Rhea-AI Filing Summary
Planet Labs PBC filed a Form 144 notice covering a proposed sale of 20,000 shares of its common stock. The shares are expected to be sold through Morgan Stanley Smith Barney LLC on or about 01/22/2026 on the NYSE, with an aggregate market value of $535,352.00 at the time of the notice. The filing states that 292,507,135 shares of common stock were outstanding. The securities to be sold were acquired as restricted stock awards from the issuer on 11/09/2022 and 07/11/2023, in amounts of 11,714 and 8,286 shares, respectively, with payment described as not applicable.
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FAQ
What does Planet Labs (PL) disclose in this Form 144 filing?
The filing gives notice of a proposed sale of 20,000 shares of Planet Labs PBC common stock, with an indicated aggregate market value of $535,352.00, to be sold through Morgan Stanley Smith Barney LLC on the NYSE.
How many Planet Labs (PL) shares are planned to be sold and on which exchange?
The notice covers a proposed sale of 20,000 common shares of Planet Labs PBC on the NYSE, using Morgan Stanley Smith Barney LLC as the broker.
What is the stated market value of the Planet Labs (PL) shares in this Form 144?
The 20,000 Planet Labs PBC common shares covered by the notice have an aggregate market value of $535,352.00 as stated in the document.
How many Planet Labs (PL) shares were outstanding according to the Form 144?
The document reports that 292,507,135 shares of Planet Labs PBC common stock were outstanding.
How and when were the Planet Labs (PL) shares being sold originally acquired?
The securities to be sold were acquired as restricted stock from the issuer on 11/09/2022 and 07/11/2023, in amounts of 11,714 and 8,286 shares, respectively, with the nature of payment listed as not applicable.
What is the approximate sale date for the Planet Labs (PL) shares in this Form 144?
The approximate date of sale indicated for the 20,000 Planet Labs PBC common shares is 01/22/2026.