Planet Labs (NYSE: PL) co-founder sells shares under 10b5-1 plan

Rhea-AI Filing Summary

Planet Labs PBC co-founder and Chief Strategy Officer Robert H. Schingler reported open-market sales totaling 89,593 shares of Class A Common Stock at $25.9197 per share on July 10, 2026, including sales from his direct holdings and from Ulysses Trust 02021.1 under a Rule 10b5-1 trading plan adopted July 14, 2025.

After these transactions, he holds 825,541 shares directly and 225,171 shares indirectly, and his holdings include 744,984 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December.

Insider Trade Summary 10b5-1

Net Seller: 89,593 shares ($2,322,224)

Net Sell 2 txns

Insider Schingler Robert H

Role Co-Founder Chief Strategy Off.

Sold 89,593 shs ($2.32M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	25,000	$25.9197	$648K
Sale	Class A Common Stock	64,593	$25.9197	$1.67M

Holdings After Transaction: Class A Common Stock — 225,171 shares (Indirect, Ulysses Trust 02021.1, Dated February 26, 2021); Class A Common Stock — 825,541 shares (Direct)

Footnotes (1)

1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 14, 2025. Includes 744,984 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.

Key Figures

Total shares sold: 89,593 shares Sale price per share: $25.9197 per share Direct shares sold: 64,593 shares +5 more

8 metrics

Total shares sold 89,593 shares Aggregate open-market sales of Class A Common Stock on July 10, 2026

Sale price per share $25.9197 per share Price for both reported open-market sales on July 10, 2026

Direct shares sold 64,593 shares Class A Common Stock sold from direct holdings on July 10, 2026

Indirect shares sold 25,000 shares Class A Common Stock sold from Ulysses Trust 02021.1 on July 10, 2026

Direct shares after sale 825,541 shares Direct Planet Labs Class A Common Stock holdings following July 10, 2026 transactions

Indirect shares after sale 225,171 shares Indirect Planet Labs Class A Common Stock holdings via Ulysses Trust 02021.1 after the sale

RSUs outstanding 744,984 RSUs RSUs vesting quarterly on the 15th of March, June, September and December

10b5-1 plan adoption date July 14, 2025 Date the Rule 10b5-1 trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 trading plan, RSUs, Class A Common Stock

3 terms

Rule 10b5-1 trading plan financial

"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

RSUs financial

"Includes 744,984 RSUs that vest in equal quarterly installments"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Class A Common Stock financial

"The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/13/2026 - 08:24 PM Accepted by SEC EDGAR 07/13/2026 - 08:24 PM Learn about SEC filing dates

FAQ

What insider stock transaction did Planet Labs (PL) report for Robert H. Schingler?

Planet Labs reported that Robert H. Schingler completed open-market sales totaling 89,593 shares of its Class A Common Stock on July 10, 2026, at $25.9197 per share, with shares sold from both his direct holdings and those held via a family trust.

How many Planet Labs (PL) shares did Robert H. Schingler sell directly and through the Ulysses Trust?

On July 10, 2026, Robert H. Schingler sold 64,593 shares of Planet Labs Class A Common Stock from his direct holdings and 25,000 shares held indirectly through Ulysses Trust 02021.1, all at the same per-share sale price.

What is Robert H. Schingler’s remaining Planet Labs (PL) share ownership after the July 10, 2026 sales?

Following the July 10, 2026 transactions, Robert H. Schingler holds 825,541 shares of Planet Labs Class A Common Stock directly and 225,171 shares indirectly through Ulysses Trust 02021.1, reflecting his continuing equity interest in the company.

At what price were Robert H. Schingler’s Planet Labs (PL) shares sold?

All reported Planet Labs sales by Robert H. Schingler on July 10, 2026 were executed at $25.9197 per share. This price applied to both the 64,593 directly held shares and the 25,000 shares sold from the Ulysses Trust 02021.1 position.

Were Robert H. Schingler’s Planet Labs (PL) stock sales made under a Rule 10b5-1 trading plan?

Yes. A footnote states the transactions were executed under a Rule 10b5-1 trading plan adopted by Robert H. Schingler on July 14, 2025, indicating the sales were pre-arranged rather than opportunistic discretionary trades.

What RSU awards in Planet Labs (PL) stock does Robert H. Schingler hold?

His reported holdings include 744,984 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. Each RSU represents a contingent right to receive one share of Planet Labs Class A Common Stock and has no expiration date.

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schingler Robert H

(Last) (First) (Middle)

C/O PLANET LABS PBC

645 HARRISON STREET, FLOOR 4

(Street)

SAN FRANCISCO CALIFORNIA 94107

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Planet Labs PBC [ PL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Founder Chief Strategy Off.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	07/10/2026		S		25,000(1)	D	$25.9197	225,171	I	Ulysses Trust 02021.1, Dated February 26, 2021
Class A Common Stock	07/10/2026		S		64,593	D	$25.9197	825,541(2)	D

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

Explanation of Responses:

1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 14, 2025.

2. Includes 744,984 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.

	/s/LeeAnn Linck, Attorney-in-fact for: Robert H Schingler	07/13/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)