Planet Labs CFO reports RSU tax share withholding
Planet Labs PBC President & CFO Ashley F. Johnson reported routine share withholding for taxes related to vesting restricted stock units (RSUs).
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 91,530 | $30.58 | $2.80M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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").
- F2. 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
withholding tax liability financial
Class A Common Stock financial
Johnson Joint Revocable Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Planet Labs (PL) report for Ashley F. Johnson?
What RSU position does Ashley F. Johnson have at Planet Labs (PL)?
What does transaction code F mean in Ashley F. Johnson’s Planet Labs (PL) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.