[Form 4] Planet Labs PBC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Planet Labs PBC director and Co-Founder/Chief Strategy Officer Robert H. Schingler reported an open-market sale of Class A Common Stock. An entity associated with him, the Ulysses Trust 02021.1, sold 73,683 shares at a weighted average price of $35.074 per share on April 6, 2026.
Following the sale, the trust held 256,488 shares indirectly. Separately, Schingler reported 992,933 shares held directly, which include 851,339 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on July 14, 2025, indicating it was scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 73,683 shares ($2,584,358)
Net Sell
2 txns
Insider
Schingler Robert H
Role
Co-Founder Chief Strategy Off.
Sold
73,683 shs ($2.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 73,683 | $35.074 | $2.58M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 256,488 shares (Indirect, Ulysses Trust 02021.1, Dated February 26, 2021);
Class A Common Stock — 992,933 shares (Direct)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 14, 2025. The sales were executed in multiple trades at prices ranging from $34.31 to $36.09. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. Includes 851,339 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
Shares sold: 73,683 shares
Weighted average sale price: $35.074 per share
Post-sale trust holdings: 256,488 shares
+3 more
6 metrics
Shares sold
73,683 shares
Open-market sale on April 6, 2026
Weighted average sale price
$35.074 per share
Class A Common Stock sale
Post-sale trust holdings
256,488 shares
Indirect ownership via Ulysses Trust 02021.1
Direct holdings after transaction
992,933 shares
Direct Class A Common Stock reported
RSUs included in direct holdings
851,339 RSUs
Vest quarterly on March 15, June 15, September 15, December 15
Trade price range
$34.31–$36.09
Range of individual sale prices on April 6, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, RSUs, Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 14, 2025."
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
RSUs financial
"Includes 851,339 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December."
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 each and have no expiration date."
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.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "Ulysses Trust 02021.1, Dated February 26, 2021""
