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Planet Labs (NYSE: PL) grants director 6,479 RSUs, taking holdings to 50,087 shares

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

Rhea-AI Filing Summary

Raymond John w reported acquisition or exercise transactions in this Form 4 filing.

Planet Labs PBC reported that director Raymond John w received a grant of 6,479 restricted stock units (RSUs) tied to Class A Common Stock. These RSUs vest in full on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, subject to continuous service. Following this award, he holds 50,087 shares of Class A Common Stock directly, including the RSUs.

Positive

  • None.

Negative

  • None.
Insider Raymond John w
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 6,479 $0.00 --
Holdings After Transaction: Class A Common Stock — 50,087 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 6,479 shares Restricted stock units representing Class A Common Stock awarded to director
Grant price per share $0.0000 Reported transaction price per share for the RSU award
Total holdings after transaction 50,087 shares Director’s direct Class A Common Stock holdings following the RSU grant
restricted stock units financial
"Includes 6,479 restricted stock units, each of which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
continuous service financial
"subject to continuous service through the vesting date"
annual meeting of stockholders financial
"the date of the Issuer's next annual meeting of stockholders to occur"
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FAQ

What did Planet Labs (PL) disclose about Raymond John w's new equity award?

Planet Labs disclosed that director Raymond John w received a grant of 6,479 restricted stock units (RSUs) representing Class A Common Stock as part of his equity compensation.

How many Planet Labs (PL) shares does Raymond John w hold after this Form 4 transaction?

After the reported grant, Raymond John w directly holds 50,087 shares of Planet Labs Class A Common Stock, which includes the 6,479 newly granted RSUs.

What are the vesting terms of the 6,479 RSUs reported for Planet Labs (PL)?

The 6,479 RSUs will fully vest on the earlier of the first anniversary of the grant or Planet Labs' next annual meeting of stockholders, provided the director maintains continuous service through that vesting date.

Did Raymond John w pay anything per share for the Planet Labs (PL) RSU grant?

No cash price is associated with the grant; the Form 4 lists a per-share value of $0.0000, reflecting that these 6,479 RSUs are a compensation award rather than an open-market purchase.

Is the Planet Labs (PL) Form 4 transaction a market buy or sell of shares?

No. The Form 4 shows an “A” code transaction, described as a grant, award, or other acquisition of 6,479 RSUs, not an open-market purchase or sale.
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*
Raymond John w

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026
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 Stock07/09/2026A6,479(1)A$050,087D
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. 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.
/s/LeeAnn Linck, Attorney-in-fact for John W. Raymond07/10/2026
** 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)