Planet Labs co-founder gifts 55,000 PL shares
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.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 55,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
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 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.
Key Figures
Key Terms
bona fide gift financial
RSUs financial
contingent right financial
indirect financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.