Planet Labs (PL) co-founder granted RSUs, shares withheld for taxes

Rhea-AI Filing Summary

Planet Labs PBC co-founder and Chief Strategy Officer Robert H. Schingler reported compensation-related equity activity in Class A Common Stock. He received a grant of 115,895 restricted stock units, each representing one share, which will vest in equal quarterly installments over four years beginning on June 15, 2026. In a separate entry, 50,431 shares were withheld by Planet Labs to cover tax liabilities from RSU vesting; no shares were sold in the market. After these transactions, he directly holds 977,022 shares and is also reported as having 330,171 shares held indirectly through the Ulysses Trust 02021.1. The filing notes an additional 851,339 RSUs that vest quarterly on March, June, September, and December 15, each convertible into one share with no expiration date.

SEC Form 4

FORM 4

UNITED 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

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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^*

Schingler Robert H

(Last) (First) (Middle)

C/O PLANET LABS PBC

645 HARRISON STREET, FLOOR 4

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Planet Labs PBC [ PL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Founder Chief Strategy Off.

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/12/2026		A		115,895(1)	A	$0	1,027,453	D
Class A Common Stock								330,171	I	Ulysses Trust 02021.1, Dated February 26, 2021
Class A Common Stock	03/15/2026		F		50,431(2)	D	$24.79	977,022(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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").

3. Includes 851,339 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.

	/s/LeeAnn Linck, Attorney-in-fact for: Robert H Schingler	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Planet Labs (PL) co-founder Robert Schingler report?

Robert Schingler reported a grant of 115,895 restricted stock units and a separate tax-withholding disposition of 50,431 shares. The withheld shares were used to satisfy RSU-related tax obligations, and no shares were sold in the open market.

How many Planet Labs (PL) shares does Robert Schingler hold after this Form 4?

Following these transactions, Robert Schingler directly holds 977,022 shares of Planet Labs Class A Common Stock. The filing also shows 330,171 shares held indirectly through the Ulysses Trust 02021.1, providing a view of both his direct and trust-related holdings.

What are the terms of Robert Schingler’s new RSU grant at Planet Labs (PL)?

The new grant covers 115,895 restricted stock units, each equal to one Planet Labs Class A share. These RSUs vest in equal quarterly installments over four years, starting June 15, 2026, creating a long-term, performance-tied equity incentive with no expiration date.

Did Robert Schingler sell any Planet Labs (PL) shares in this Form 4?

No, the filing states that no shares were sold by Robert Schingler. The 50,431-share transaction reflects shares withheld by Planet Labs to pay withholding taxes due upon RSU vesting, rather than an open-market or discretionary sale.

What additional RSUs does Robert Schingler already have at Planet Labs (PL)?

Besides the new award, the filing notes 851,339 previously granted RSUs. These vest in equal quarterly installments on March 15, June 15, September 15, and December 15, each delivering one Planet Labs Class A share when vested, with no stated expiration date.

How is the Ulysses Trust 02021.1 related to Planet Labs (PL) holdings in this Form 4?

The Form 4 reports 330,171 Planet Labs Class A shares held indirectly through the Ulysses Trust 02021.1, dated February 26, 2021. This indicates a separate trust-related position associated with Robert Schingler, distinct from his directly held shares and RSU awards.