STOCK TITAN

Planet Labs (PL) director Carl Bass receives new RSU grants and holds 406,545 shares

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

Rhea-AI Filing Summary

BASS CARL reported acquisition or exercise transactions in this Form 4 filing.

Planet Labs PBC director Carl Bass reported equity awards of Class A Common Stock. He received grants totaling 2,880 and 6,479 restricted stock units (RSUs), each representing a contingent right to one share of Class A Common Stock. After these awards, his direct holdings were reported at 406,545 shares, including both vested shares and the newly granted RSUs subject to future vesting conditions.

Positive

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Insights

Director Carl Bass received routine RSU grants as part of equity compensation.

Director Carl Bass acquired equity in Planet Labs PBC through two awards of Class A Common Stock RSUs. One award covers 6,479 RSUs that fully vest on the earlier of the first anniversary of the grant or the next annual stockholder meeting, subject to continuous service.

The other award covers 2,880 RSUs vesting in equal quarterly installments on the 15th of September, December, March and June. Each RSU represents a contingent right to receive one share of Class A Common Stock and has no expiration date. Following these grants, Bass directly holds 406,545 shares, indicating continued equity alignment with shareholders, while the awards themselves are standard board compensation rather than open-market purchases.

Insider BASS CARL
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 6,479 $0.00 --
Grant/Award Class A Common Stock 2,880 $0.00 --
Holdings After Transaction: Class A Common Stock — 403,665 shares (Direct)
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 2,880 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) 2,880 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 1 6,479 RSUs Restricted stock units vesting on the earlier of first anniversary of grant or next annual meeting, subject to continuous service
RSU grant 2 2,880 RSUs Restricted stock units vesting in equal quarterly installments on the 15th of September, December, March and June
Shares held after transactions 406,545 shares Total direct holdings of Class A Common Stock reported following RSU awards
Transaction price per share $0.00 Reported price per share for both Class A Common Stock RSU grant transactions
RSUs with no expiration date 2,880 RSUs and 6,479 RSUs Both RSU awards represent contingent rights to one share each and have no expiration date
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
"Each of which represent a contingent right to receive one share of issuer's Class A"
continuous service financial
"In either case, subject to continuous service through the vesting date"
vesting financial
"The RSUs will fully vest on the earlier of (i) the first anniversary of the grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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FAQ

What equity awards did Planet Labs (PL) director Carl Bass receive?

Director Carl Bass received two equity awards: 2,880 RSUs and 6,479 RSUs of Planet Labs’ Class A Common Stock. Each restricted stock unit represents a contingent right to receive one share upon vesting.

How do Carl Bass’s 6,479 Planet Labs (PL) RSUs vest?

The 6,479 RSUs fully vest on the earlier of the first anniversary of the grant or Planet Labs’ next annual stockholder meeting. Vesting is conditioned on Bass’s continuous service through the applicable vesting date.

What is the vesting schedule for Carl Bass’s 2,880 Planet Labs (PL) RSUs?

The 2,880 RSUs vest in equal quarterly installments on the 15th of September, December, March and June. Each vested RSU entitles Bass to receive one share of Class A Common Stock with no stated expiration date.

How many Planet Labs (PL) shares does Carl Bass hold after these grants?

After the reported awards, Carl Bass directly holds 406,545 shares of Planet Labs Class A Common Stock. This figure includes existing holdings plus the newly granted RSUs that are subject to the specified vesting conditions.

Were Carl Bass’s Planet Labs (PL) Form 4 transactions open-market purchases or sales?

No open-market purchases or sales were reported. The Form 4 shows grant or award acquisitions of RSUs at a transaction price of $0.00 per share, reflecting compensation-based equity awards rather than market trades.
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*
BASS CARL

(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$0403,665D
Class A Common Stock07/09/2026A2,880(2)A$0.00406,545(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 2,880 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) 2,880 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: Carl Bass07/10/2026
** 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)