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Planet Labs (PL) director receives 2,736 and 6,479 RSU awards in Form 4 filing

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

Rhea-AI Filing Summary

Brennan Ita M reported acquisition or exercise transactions in this Form 4 filing.

Planet Labs PBC director Brennan Ita M reported equity compensation awards of Class A Common Stock in the form of restricted stock units (RSUs). The awards cover 2,736 RSUs that vest in equal quarterly installments on the 15th of September, December, March, and June, and 6,479 RSUs that fully vest on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, in each case subject to continuous service through the vesting date.

Positive

  • None.

Negative

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Insights

Director received routine RSU grants with time- and service-based vesting.

Director Brennan Ita M received equity compensation in the form of 2,736 and 6,479 restricted stock units of Planet Labs PBC Class A Common Stock. These awards are granted at no cash cost and represent a standard tool for director compensation and alignment with shareholders.

The 2,736 RSUs vest in equal quarterly installments on the 15th of September, December, March, and June, while the 6,479 RSUs vest in full on the earlier of the first anniversary of the grant or the next annual meeting of stockholders, in each case subject to continuous service. The filing does not reflect any open-market purchases or sales, only non-cash grants.

Insider Brennan Ita M
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 6,479 $0.00 --
Grant/Award Class A Common Stock 2,736 $0.00 --
Holdings After Transaction: Class A Common Stock — 259,137 shares (Direct, null)
Footnotes (1)
  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. Includes 2,736 RSUs that vest in equal quarterly installments on the 15th of September, December, March, and June. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date. Includes (a) 2,736 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June; and (b) 6,479 RSUs which 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. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
RSU grant size 1 2,736 RSUs Restricted stock units vesting in equal quarterly installments on the 15th of September, December, March, and June
RSU grant size 2 6,479 RSUs Restricted stock units fully vesting on the earlier of the first anniversary of the grant or the next annual meeting of stockholders
Transaction price per share $0.00 per share RSU grant/award acquisitions of Class A Common Stock reported as non-cash equity compensation
Acquire transactions count 2 transactions Two non-derivative grant/award acquisition transactions reported for Class A Common Stock
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.
contingent right financial
"represent a contingent right to receive one share of issuer's Class A Common Stock"
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 insider transaction did Planet Labs PBC (PL) report for Brennan Ita M?

Planet Labs PBC reported that director Brennan Ita M received equity awards of Class A Common Stock in the form of RSUs. These are non-cash grants that provide a contingent right to receive shares upon vesting, aligning director incentives with shareholders.

How many RSUs did Brennan Ita M receive in the latest Planet Labs (PL) Form 4?

Brennan Ita M received 2,736 RSUs and 6,479 RSUs of Planet Labs PBC Class A Common Stock. Each restricted stock unit represents a contingent right to receive one share when the applicable vesting conditions are met.

What is the vesting schedule for the 2,736 RSUs reported by Planet Labs (PL)?

The 2,736 RSUs vest in equal quarterly installments on the 15th of September, December, March, and June. Vesting occurs over time and remains subject to the director’s continuous service through each applicable vesting date.

When do the 6,479 RSUs granted to Brennan Ita M at Planet Labs (PL) vest?

The 6,479 RSUs will fully vest on the earlier of the first anniversary of the grant or the issuer’s next annual meeting of stockholders. Vesting remains subject to continuous service through the applicable vesting date.

Did Brennan Ita M buy or sell Planet Labs (PL) shares on the market in this Form 4?

No market purchases or sales were reported; the Form 4 discloses grant/award acquisitions of RSUs. These awards were recorded at a transaction price of $0.00 per share, reflecting non-cash equity compensation rather than trading activity.

What type of security is involved in Brennan Ita M’s Planet Labs (PL) Form 4 filing?

The filing involves Class A Common Stock of Planet Labs PBC delivered through restricted stock units (RSUs). Each RSU represents a contingent right to receive one share, with vesting tied to time-based and service-based conditions.
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*
Brennan Ita M

(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$0259,137D
Class A Common Stock07/09/2026A2,736(2)A$0.00261,873(3)D
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.
2. Includes 2,736 RSUs that vest in equal quarterly installments on the 15th of September, December, March, and June. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
3. Includes (a) 2,736 RSUs that vest in equal quarterly installments on the 15th of September, December, March and June; and (b) 6,479 RSUs which 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. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
By: /s/ LeeAnn Linck, Attorney-in-fact for: Ita M Brennan07/10/2026
** 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)