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Planet Labs holder plans sale of 52K shares

Planet Labs PBC (PL) received a notice that ULYSSES TRUST 02021.1 U/ADTD 02/26/2021 intends to sell common stock under Rule 144.

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Form Type
144

Rhea-AI Filing Summary

Planet Labs PBC (PL) received a notice that ULYSSES TRUST 02021.1 U/ADTD 02/26/2021 intends to sell common stock under Rule 144. The trust lists 52,240 common shares to be sold through Morgan Stanley Smith Barney LLC. Over the prior three months, the trust sold 89,593 shares for $2,322,223.68 in 10b5-1 transactions.

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Shares to be sold under Rule 144 52,240 shares Common stock of Planet Labs PBC listed in the current notice
Estimated value of shares to be sold $836,884.80 Associated with 52,240 Planet Labs PBC common shares in the Rule 144 notice
Shares sold in prior 3 months 89,593 shares 10b5-1 sales of Planet Labs PBC common stock on July 10, 2026
Proceeds from prior 3‑month sales $2,322,223.68 Total consideration for 89,593 shares sold on July 10, 2026
Issuer phone number 4158293313 Contact number for Planet Labs PBC
Form 144 signature date September 17, 2026 Date signed by /s/ Robert Schingler
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/15/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for ULYSSES TRUST 02021.1 U/ADTD 02/26/2021"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

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

What does the Form 144 filing mean for Planet Labs PBC (PL)?

The filing states that ULYSSES TRUST 02021.1 U/ADTD 02/26/2021 intends to sell 52,240 common shares of Planet Labs PBC under Rule 144, indicating a planned secondary sale by an existing holder rather than a new issuance by the company.

How many Planet Labs (PL) shares are covered by this Form 144 notice?

The notice covers 52,240 shares of common stock of Planet Labs PBC. These shares are listed as securities to be sold through Morgan Stanley Smith Barney LLC under Rule 144.

Who is selling the PL shares in this Form 144?

The selling holder is ULYSSES TRUST 02021.1 U/ADTD 02/26/2021. The notice identifies this trust as the person for whose account the Planet Labs PBC common stock is to be sold under Rule 144.

What prior Planet Labs (PL) sales did the trust report in the past 3 months?

The trust reported prior 10b5-1 sales of 89,593 common shares of Planet Labs PBC on July 10, 2026 for total proceeds of $2,322,223.68.

Which broker is handling the planned PL share sale under this Form 144?

The planned sale of Planet Labs PBC common stock is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

What type of Planet Labs (PL) securities are involved in this filing?

The filing involves common stock of Planet Labs PBC. The securities to be sold are tied to Restricted Stock Units with a listed date of September 15, 2026.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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