Planet Labs co-founder gifts 55,000 shares
Planet Labs PBC director and Co‑Founder Chief Strategy Officer Robert H. Schingler reported a bona fide gift of 55,000 shares of Class A Common Stock on August 5, 2026, from Ulysses Trust 02021.1, with no value received.
Rhea-AI Filing Summary
Planet Labs PBC director and Co‑Founder Chief Strategy Officer Robert H. Schingler reported a bona fide gift of 55,000 shares of Class A Common Stock on August 5, 2026, from Ulysses Trust 02021.1, with no value received. Following the gift, the trust holds 170,171 shares indirectly.
Schingler also reports 825,541 shares held directly, including 744,984 RSUs that vest in equal quarterly installments. The transactions were affirmed under a Rule 10b5‑1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
55,000 shares gifted
Gift
2 txns
Insider
Schingler Robert H
Role
Co-Founder Chief Strategy Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock F1 | 55,000 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 170,171 shares (Indirect, Ulysses Trust 02021.1, Dated February 26, 2021);
Class A Common Stock — 825,541 shares (Direct)
Footnotes (2)
- F1. The reported transaction represents a bona fide gift. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
- F2. Includes 744,984 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
Shares gifted: 55,000 shares of Class A Common Stock
Indirect holdings after gift: 170,171 shares
Direct holdings: 825,541 shares
+1 more
4 metrics
Shares gifted
55,000 shares of Class A Common Stock
Bona fide gift by Ulysses Trust 02021.1 on August 5, 2026; no value received
Indirect holdings after gift
170,171 shares
Class A Common Stock held indirectly via Ulysses Trust 02021.1 following the 55,000-share gift
Direct holdings
825,541 shares
Total Class A Common Stock reported as held directly by Robert H. Schingler on August 5, 2026
RSUs included in direct holdings
744,984 RSUs
RSUs vest in equal quarterly installments on March 15, June 15, September 15 and December 15
Key Terms
bona fide gift, RSUs, contingent right, Class A Common Stock, +1 more
5 terms
bona fide gift financial
"The reported transaction represents a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
RSUs financial
"Includes 744,984 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.
contingent right financial
"The RSUs represent a contingent right to receive one share."
Class A Common Stock financial
"One share of issuer's Class A Common Stock each."
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.
Rule 10b5-1 trading plan regulatory
"The transactions were affirmed under 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robert H. Schingler report for Planet Labs (PL)?
Robert H. Schingler reported a bona fide gift of 55,000 shares of Planet Labs Class A Common Stock on August 5, 2026, executed through Ulysses Trust 02021.1, with no value received, and affirmed under a Rule 10b5-1 trading plan.
What are Robert Schingler’s Planet Labs (PL) holdings after the gift?
After the gift, Ulysses Trust holds 170,171 Planet Labs Class A shares indirectly, while Robert H. Schingler reports 825,541 shares held directly. The direct position includes 744,984 RSUs, giving him substantial continuing exposure to Planet Labs equity.
What RSU awards does Robert Schingler hold in Planet Labs (PL)?
Robert H. Schingler’s direct holdings include 744,984 RSUs. These RSUs vest in equal quarterly installments on the 15th of March, June, September and December, with each RSU representing a contingent right to receive one share of Class A Common Stock and no expiration date.
Were the Planet Labs (PL) insider transactions made under a trading plan?
Yes. The filing indicates the transactions were affirmed under a Rule 10b5-1 trading plan. Such plans pre-arrange transaction terms, meaning the timing of the 55,000-share gift and reported holdings updates follow a pre-established framework rather than discretionary market timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
