STOCK TITAN

Planet Labs (PL) co-founder gifts 55,000 shares, retains large RSU stake

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

Rhea-AI Filing Summary

Planet Labs PBC co-founder and Chief Strategy Officer Robert H. Schingler reported a bona fide gift of 55,000 shares of Class A Common Stock held indirectly through the Ulysses Trust 02021.1, dated February 26, 2021. No value was received and no price was reported because this was not a market transaction. After the gift, the trust holds 201,488 shares indirectly, while Schingler also directly holds 992,933 shares, including 851,339 RSUs that vest in equal quarterly installments on March 15, June 15, September 15 and December 15.

Positive

  • None.

Negative

  • None.
Insider Schingler Robert H
Role Co-Founder Chief Strategy Off.
Type Security Shares Price Value
Gift Class A Common Stock 55,000 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 201,488 shares (Indirect, Ulysses Trust 02021.1, Dated February 26, 2021); Class A Common Stock — 992,933 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
Gifted shares 55,000 shares Bona fide gift of Class A Common Stock via Ulysses Trust 02021.1
Gift price per share $0.00 per share No value received; not a market transaction
Indirect shares after gift 201,488 shares Ulysses Trust 02021.1 post-transaction Class A holdings
Direct shares held 992,933 shares Direct Class A holdings following reported transactions
RSUs included in direct holdings 851,339 RSUs RSUs vesting quarterly on March 15, June 15, September 15, December 15
bona fide gift financial
"The reported transaction represents a bona fide gift. This is not a market transaction"
RSUs financial
"Includes 851,339 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"
indirect financial
"direct_or_indirect: "I", nature_of_ownership: "Ulysses Trust 02021.1""
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*
Schingler Robert H

(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
XOfficer (give title below)Other (specify below)
Co-Founder Chief Strategy Off.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
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 Stock04/22/2026G55,000D$0.00(1)201,488IUlysses Trust 02021.1, Dated February 26, 2021
Class A Common Stock992,933(2)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. 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.
2. 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 Schingler04/24/2026
** 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)

FAQ

What insider transaction did Robert H. Schingler report at Planet Labs (PL)?

Robert H. Schingler reported a bona fide gift of 55,000 shares of Planet Labs Class A Common Stock. The shares were held indirectly through the Ulysses Trust 02021.1, and no value was received because this was not a market transaction.

How many Planet Labs (PL) shares were gifted and at what price?

The reported transaction was a bona fide gift of 55,000 Class A shares at a stated price of $0.00 per share. Footnotes explain no value was received and no market price was involved, emphasizing this was not an open-market trade.

How many Planet Labs (PL) shares does the Ulysses Trust hold after the gift?

Following the reported gift, the Ulysses Trust 02021.1 holds 201,488 shares of Planet Labs Class A Common Stock indirectly. This post-transaction balance reflects the trust’s remaining ownership after transferring 55,000 shares as a bona fide gift.

What is Robert H. Schingler’s direct Planet Labs (PL) share ownership after the transaction?

Robert H. Schingler directly holds 992,933 shares of Planet Labs Class A Common Stock after the reported transactions. This amount includes 851,339 restricted stock units (RSUs), which provide a contingent right to receive one share each upon vesting.

How do Robert H. Schingler’s RSUs at Planet Labs (PL) vest over time?

Schingler holds 851,339 RSUs that vest in equal quarterly installments. Vesting occurs on the 15th of March, June, September and December, with each RSU delivering one share of Planet Labs Class A Common Stock upon vesting and having no expiration date.

Was the reported Planet Labs (PL) insider transaction a market sale or purchase?

The transaction was not a market sale or purchase. It is explicitly described as a bona fide gift, with no value received and no price reported. This distinguishes it from open-market trades that typically reflect active buying or selling decisions.