Planet Labs PBC (PL) CFO reports large RSU grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Planet Labs PBC President & CFO Ashley F. Johnson reported routine equity compensation and related tax withholding. On March 12, 2026, she received a grant of 173,842 restricted stock units (RSUs), each representing one share of Class A Common Stock, vesting in equal quarterly installments over four years beginning June 15, 2026.
On March 15, 2026, the company withheld 85,558 shares of Class A Common Stock to cover tax liabilities from RSU vesting; the filing states that no shares were sold by Johnson. Following these transactions, she directly holds 2,072,008 shares of Class A Common Stock, and her holdings include 1,298,687 RSUs that vest quarterly on March 15, June 15, September 15, and December 15.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Johnson Ashley F.
Role
President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 85,558 | $24.79 | $2.12M |
| Grant/Award | Class A Common Stock | 173,842 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 2,072,008 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs"), each of which represent a contingent right to receive one share of issuer's Class A Common Stock. The RSUs will vest in equal quarterly installments over 4 years, beginning on June 15, 2026. The RSUs have no expiration date. No shares were sold by the Reporting Person. The transaction disclosed represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs"). Includes 1,298,687 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 insider transactions did Planet Labs PBC (PL) report for Ashley F. Johnson?
Planet Labs PBC reported that President & CFO Ashley F. Johnson received 173,842 RSUs and had 85,558 shares withheld to cover RSU-related tax liabilities. The filing emphasizes that no shares were sold and all activity was compensation and tax related.
What are the terms of the new RSU grant reported by Planet Labs PBC (PL)?
The new grant covers 173,842 RSUs, each tied to one Planet Labs PBC Class A share. These RSUs vest in equal quarterly installments over four years, starting June 15, 2026, providing long-term, time-based equity compensation to the President & CFO.
How do existing RSUs for Ashley F. Johnson in Planet Labs PBC (PL) vest over time?
The filing notes 1,298,687 RSUs that vest in equal quarterly installments on March 15, June 15, September 15, and December 15. Each RSU represents a contingent right to receive one Planet Labs PBC Class A share and has no stated expiration date.