Planet Labs (PL) CFO sells 200,000 shares, shifts 525,708 to trust

Rhea-AI Filing Summary

Planet Labs PBC President & CFO Ashley F. Johnson reported selling 200,000 shares of Class A Common Stock in open-market transactions. On April 2, 2026, she sold 51,460 shares at a weighted average price of $34.757 and 148,540 shares at a weighted average price of $35.2203, across multiple trades.

On April 6, 2026, Johnson also reported a non-cash restructuring: 525,708 shares were transferred from her direct ownership to the Johnson Joint Revocable Trust DTD 3/27/14, where she and her spouse serve as trustees. After these transactions, she holds 1,369,454 shares directly, which include 1,298,687 RSUs that vest in equal quarterly installments on March 15, June 15, September 15, and December 15, and 525,708 shares indirectly through the trust.

Insights

Equity compensation and insider-trading analyst

Planet Labs' CFO sold 200,000 shares but retains substantial equity exposure through shares and RSUs.

The filing shows Ashley F. Johnson, President & CFO of Planet Labs PBC, executing open-market sales totaling 200,000 shares of Class A Common Stock on April 2, 2026. The weighted average prices were $34.757 for 51,460 shares and $35.2203 for 148,540 shares, with trades spread across multiple executions.

Separately, a J-coded restructuring on April 6, 2026 transferred 525,708 shares from Johnson’s direct ownership to the Johnson Joint Revocable Trust, a vehicle where she and her spouse act as trustees. This is an ownership reallocation rather than a market trade, so it does not affect public float directly.

Following these moves, Johnson holds 1,369,454 shares directly and 525,708 shares indirectly. The direct position includes 1,298,687 RSUs that vest quarterly on the 15th of March, June, September and December, providing ongoing equity-based compensation. The combination of remaining shares and RSUs suggests she continues to have significant exposure to Planet Labs’ equity despite the reported sales.

Insider Trade Summary

Net Seller: 200,000 shares ($7,020,219)

Net Sell 4 txns

Insider Johnson Ashley F.

Role President & CFO

Sold 200,000 shs ($7.02M)

Type	Security	Shares	Price	Value
Other	Class A Common Stock	525,708	$0.00	--
Other	Class A Common Stock	525,708	$0.00	--
Sale	Class A Common Stock	51,460	$34.757	$1.79M
Sale	Class A Common Stock	148,540	$35.2203	$5.23M

Holdings After Transaction: Class A Common Stock — 1,369,454 shares (Direct); Class A Common Stock — 525,708 shares (Indirect, Johnson Joint Revocable Trust DTD 3/27/14)

Footnotes (1)

1. The sales were executed in multiple trades at prices ranging from $34.57 to $34.94. 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. The sales were executed in multiple trades at prices ranging from $34.585 to $35.87. 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. This transaction involved a transfer of shares by the Reporting Person to The Johnson Joint Revocable Trust, of which the Reporting Person and her spouse serve as trustees. Includes 1,298,687 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

Open-market sale 1: 51,460 shares at $34.757 Open-market sale 2: 148,540 shares at $35.2203 Total shares sold: 200,000 shares +4 more

7 metrics

Open-market sale 1 51,460 shares at $34.757 Class A Common Stock sale on April 2, 2026

Open-market sale 2 148,540 shares at $35.2203 Class A Common Stock sale on April 2, 2026

Total shares sold 200,000 shares Net open-market sales reported in this filing

Trust transfer 525,708 shares Transfer to Johnson Joint Revocable Trust on April 6, 2026

Direct holdings after 1,369,454 shares Direct Class A Common Stock after transactions

Indirect holdings after 525,708 shares Held via Johnson Joint Revocable Trust

Outstanding RSUs 1,298,687 RSUs Vesting quarterly on March 15, June 15, September 15, December 15

Key Terms

Class A Common Stock, RSUs, weighted average sale price, open-market sale, +1 more

5 terms

Class A Common Stock financial

"reported transactions in Class A Common Stock, including open-market sales"

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.

RSUs financial

"Includes 1,298,687 RSUs that vest in equal quarterly installments"

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.

weighted average sale price financial

"The price reported reflects the weighted average sale price"

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Johnson Joint Revocable Trust financial

"transfer of shares by the Reporting Person to The Johnson Joint Revocable Trust"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/02/2026		S		51,460	D	$34.757(1)	2,043,702	D
Class A Common Stock	04/02/2026		S		148,540	D	$35.2203(2)	1,895,162	D
Class A Common Stock	04/06/2026		J(3)		525,708	D	$0	1,369,454(4)	D
Class A Common Stock	04/06/2026		J(3)		525,708	A	$0	525,708	I	Johnson Joint Revocable Trust DTD 3/27/14

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales were executed in multiple trades at prices ranging from $34.57 to $34.94. 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.

2. The sales were executed in multiple trades at prices ranging from $34.585 to $35.87. 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.

3. This transaction involved a transfer of shares by the Reporting Person to The Johnson Joint Revocable Trust, of which the Reporting Person and her spouse serve as trustees.

4. Includes 1,298,687 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. Johnson	04/06/2026
	** Signature of Reporting Person	Date
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 its CFO?

Planet Labs reported that President & CFO Ashley F. Johnson sold 200,000 shares of Class A Common Stock in open-market transactions. The sales occurred on April 2, 2026, across multiple trades at weighted average prices around the mid-$30s per share.

How many Planet Labs (PL) shares did the CFO sell and at what prices?

Ashley F. Johnson sold 51,460 shares at a weighted average price of $34.757 and 148,540 shares at a weighted average price of $35.2203. Both transactions were open-market sales executed in multiple trades on April 2, 2026.

What is the Johnson Joint Revocable Trust mentioned in the Planet Labs (PL) filing?

The Johnson Joint Revocable Trust DTD 3/27/14 is a trust to which 525,708 Planet Labs shares were transferred. The filing states that Ashley F. Johnson and her spouse serve as trustees, so these shares are now reported as held indirectly through the trust.

How many Planet Labs (PL) shares does the CFO hold after the reported transactions?

After the reported transactions, Ashley F. Johnson holds 1,369,454 shares directly and 525,708 shares indirectly through the Johnson Joint Revocable Trust. The direct holdings include a large block of restricted stock units that vest over time.

What restricted stock units (RSUs) does the Planet Labs (PL) CFO have outstanding?

The filing notes that Ashley F. Johnson holds 1,298,687 RSUs within her direct holdings. These RSUs vest in equal quarterly installments on the 15th of March, June, September and December, each RSU representing a contingent right to one share of Class A Common Stock.

Were the Planet Labs (PL) CFO’s share sales executed in a single trade or multiple trades?

The filing explains that the reported sale prices are weighted averages and that each sale was executed in multiple trades. Prices for one block ranged from $34.57 to $34.94, and for the other from $34.585 to $35.87, with full breakdowns available on request.