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Planet Labs (PL) CFO has shares withheld to cover RSU taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Planet Labs PBC President & CFO Ashley F. Johnson reported routine share withholding for taxes related to vesting restricted stock units (RSUs). On this Form 4, 91,530 shares of Class A Common Stock were withheld by the company at $30.58 per share to cover withholding tax liability, and no shares were sold by Johnson.

After the transaction, Johnson directly holds 1,277,924 shares of Class A Common Stock and indirectly holds 525,708 shares through the Johnson Joint Revocable Trust. The position also includes 1,132,122 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December, each representing the right to receive one share of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Johnson Ashley F.
Role President & CFO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 91,530 $30.58 $2.80M
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,277,924 shares (Direct, null); Class A Common Stock — 525,708 shares (Indirect, Johnson Joint Revocable Trust)
Footnotes (1)
  1. No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs"). Includes 1,132,122 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.
Tax-withheld shares 91,530 shares Shares withheld to cover RSU-related tax liability
Withholding price $30.58 per share Price used for RSU tax-withholding disposition
Direct holdings after transaction 1,277,924 shares Class A Common Stock held directly by Johnson after withholding
Indirect holdings after transaction 525,708 shares Class A Common Stock held via Johnson Joint Revocable Trust
Outstanding RSUs 1,132,122 RSUs RSUs vesting quarterly on March 15, June 15, September 15, December 15
restricted stock units ("RSUs") financial
"represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
withholding tax liability financial
"shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units"
Class A Common Stock financial
"shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability"
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.
Johnson Joint Revocable Trust financial
"Class A Common Stock, ... indirect, nature_of_ownership: Johnson Joint Revocable Trust"
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SEC Form 4
FORM 4UNITED 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).
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*
Johnson Ashley F.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/15/2026F91,530(1)D$30.581,277,924(2)D
Class A Common Stock525,708IJohnson Joint Revocable Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
2. Includes 1,132,122 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: Ashley F. Johnson06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Planet Labs (PL) report for Ashley F. Johnson?

Planet Labs reported that President & CFO Ashley F. Johnson had 91,530 shares of Class A Common Stock withheld to cover RSU-related tax obligations. This was a tax-withholding disposition by the issuer, not an open-market sale by Johnson.

Were any Planet Labs (PL) shares sold by Ashley F. Johnson in this Form 4?

No shares were sold by Ashley F. Johnson. The Form 4 specifies that 91,530 shares were withheld by Planet Labs to satisfy withholding tax liability triggered by RSU vesting, rather than being sold in the market.

How many Planet Labs (PL) shares does Ashley F. Johnson hold after the reported transaction?

Following the reported tax-withholding transaction, Ashley F. Johnson holds 1,277,924 shares of Class A Common Stock directly and 525,708 shares indirectly through the Johnson Joint Revocable Trust, according to the Form 4 disclosure.

What RSU position does Ashley F. Johnson have at Planet Labs (PL)?

Ashley F. Johnson holds 1,132,122 restricted stock units (RSUs) that vest in equal quarterly installments on March 15, June 15, September 15, and December 15. Each RSU represents a contingent right to receive one share of Class A Common Stock.

What does transaction code F mean in Ashley F. Johnson’s Planet Labs (PL) filing?

Transaction code F indicates shares used to pay exercise price or tax liability. In this filing, 91,530 Planet Labs Class A shares were withheld by the company to cover withholding tax from RSU vesting, not to execute a discretionary sale.