Planet Labs director receives 6,479-share RSU grant
Gadde Vijaya reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gadde Vijaya reported acquisition or exercise transactions in this Form 4 filing.
Planet Labs PBC reported that director Vijaya Gadde received a grant of 6,479 shares of Class A Common Stock in the form of restricted stock units. Following this award, Gadde holds 256,648 shares directly. The RSUs vest fully on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, subject to continuous service.
Positive
- None.
Negative
- None.
Insights
Routine director equity award that modestly increases alignment with shareholders.
Director Vijaya Gadde received a grant of 6,479 restricted stock units, each representing one share of Class A Common Stock. The award was recorded at a price of $0.00 per share, consistent with standard equity compensation grants rather than a market purchase.
The RSUs vest entirely on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, conditioned on continuous service. After this grant, Gadde directly holds 256,648 shares, so the award is incremental to an existing position and appears as routine board compensation rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 6,479 | $0.00 | $0.00 |
Footnotes (1)
- F1. Includes 6,479 restricted stock units, each of which represent a contingent right to receive one share of issuer's Class A Common Stock ("RSUs"). The RSUs will fully vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the Issuer's next annual meeting of stockholders to occur following the grant, in either case, subject to continuous service through the vesting date.
Key Figures
Key Terms
restricted stock units financial
continuous service financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vijaya Gadde acquire in Planet Labs PBC (PL) according to this Form 4?
What are the vesting terms of Vijaya Gadde’s 6,479 RSUs in Planet Labs (PL)?
Was Vijaya Gadde’s Planet Labs (PL) Form 4 transaction a market purchase or a grant?
Does the Planet Labs (PL) Form 4 show any insider sales by Vijaya Gadde?
AI-generated analysis. How Rhea-AI works. Not financial advice.