[Form 4] Planet Labs PBC Insider Trading Activity
Rhea-AI Filing Summary
Planet Labs PBC (PL) insider trade: Co‑Founder and Chief Strategy Officer Robert H. Schingler, also a Director, reported a sale of 81,656 shares of Class A Common Stock on 10/13/2025 at a weighted average price of $15.4959, executed under a Rule 10b5‑1 trading plan adopted on July 14, 2025. Following the transaction, he beneficially owns 1,288,843 shares, which include 933,672 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December.
Positive
- None.
Negative
- None.
Insights
Planned insider sale; sizable remaining stake and RSUs keep exposure.
Robert H. Schingler sold 81,656 Planet Labs shares at a weighted average of $15.4959 on 10/13/2025 under a Rule 10b5‑1 plan adopted on July 14, 2025. Such plans pre‑set trades and can reduce timing concerns.
Post‑sale holdings are 1,288,843 shares, including 933,672 RSUs vesting quarterly on the 15th of March, June, September and December. RSUs indicate ongoing equity alignment and future share delivery mechanics.
This looks administrative and routine, with limited signaling value. Actual market impact depends on broader liquidity and future vesting deliveries as they occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 81,656 | $15.4959 | $1.27M |
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 $15.17 to $15.93. 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 933,672 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.
FAQ
What did Planet Labs (PL) report in this Form 4?
Was the PL insider sale under a trading plan?
What RSUs are included in the insider’s PL holdings?
What is the insider’s role at Planet Labs (PL)?