Insider trust sale and share transfers at Planet Labs PBC (PL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Planet Labs PBC director Raymond John w reported an open-market sale of 6,494 Class A shares on July 13, 2026 at a weighted average price of $26.1582, executed by the Raymond Family Rev Trust U/A DTD 05/30/2023 under a Rule 10b5-1 trading plan adopted January 22, 2026. Two additional J-code transactions reclassified 43,608 shares between his direct holdings and this revocable trust, for which he and his spouse serve as trustees. Following these moves, he holds 37,114 shares indirectly through the trust and 6,479 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,494 shares ($169,871)
Net Sell
3 txns
Insider
Raymond John w
Role
Director
Sold
6,494 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 43,608 | $0.00 | -- |
| Other | Class A Common Stock | 43,608 | $0.00 | -- |
| Sale | Class A Common Stock | 6,494 | $26.1582 | $170K |
Holdings After Transaction:
Class A Common Stock — 6,479 shares (Direct);
Class A Common Stock — 43,608 shares (Indirect, Raymond Family Rev Trust U/A DTD 05/30/2023)
Footnotes (1)
- This transaction involved a transfer of shares by the Reporting Person to Raymond Family Rev Trust U/A DTD 05/30/2023, a revocable trust of which the Reporting Person and his spouse serve as trustees. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 22, 2026. The sales were executed in multiple trades at prices ranging from $25.69 to $26.89. 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.
Key Figures
Shares sold: 6,494 shares
Weighted average sale price: $26.1582 per share
Sale price range: $25.69–$26.89 per share
+3 more
6 metrics
Shares sold
6,494 shares
Open-market sale of Class A Common Stock on July 13, 2026
Weighted average sale price
$26.1582 per share
Average price across multiple trades in the July 13, 2026 sale
Sale price range
$25.69–$26.89 per share
Range of individual trade prices for the reported sale
Indirect shares after transactions
37,114 shares
Class A shares held indirectly via Raymond Family Rev Trust after July 13, 2026
Direct shares after transactions
6,479 shares
Class A shares held directly by Raymond John w after July 13, 2026
Restructured shares
87,216 shares
Total shares involved in two J-code other acquisition or disposition entries
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, revocable trust, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported reflects the weighted average sale price"
revocable trust financial
"a revocable trust of which the Reporting Person and his spouse serve as trustees"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"shares held indirectly through Raymond Family Rev Trust U/A DTD 05/30/2023"
FAQ
What insider transaction did Planet Labs PBC (PL) report for July 13, 2026?
Planet Labs PBC director Raymond John w reported an open-market sale of 6,494 Class A shares on July 13, 2026 at a weighted average price of $26.1582. The trade was executed by a family revocable trust under a pre-arranged Rule 10b5-1 trading plan adopted January 22, 2026.
What is the role of the Raymond Family Rev Trust in the Planet Labs (PL) filing?
The Raymond Family Rev Trust U/A DTD 05/30/2023 is a revocable trust where Raymond John w and his spouse serve as trustees. Shares are held indirectly through this trust, which both received transferred shares in a J-code transaction and executed the 6,494-share open-market sale.
Was the Planet Labs (PL) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the 6,494-share Class A sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on January 22, 2026. Such pre-arranged plans automate trading and can reduce the significance of timing for interpreting insider sentiment.