Planet Labs CFO trust sells 55K shares at $17

Planet Labs PBC (PL) reported that President & CFO Ashley F. Johnson restructured and partially sold holdings of Class A Common Stock.

Rhea-AI Filing Summary

Planet Labs PBC (PL) reported that President & CFO Ashley F. Johnson restructured and partially sold holdings of Class A Common Stock. On September 17, 2026, 72,096 shares were transferred from Johnson's direct ownership to the Johnson Joint Revocable Trust, and the trust sold 55,663 shares at a weighted average price of $16.9648 per share pursuant to a Rule 10b5-1 trading plan adopted on April 23, 2026.

On September 15, 2026, Johnson received 5,588 shares upon vesting of performance restricted stock units in lieu of her cash bonus for the first half of the fiscal year ending January 31, 2027, and the issuer withheld 3,071 shares and 84,873 shares at $16.02 per share to cover withholding tax liabilities upon PRSU and RSU vesting. A footnote states that Johnson also holds 977,670 RSUs that vest quarterly and represent a right to receive one share of Class A Common Stock each.

Insider Trade Summary 10b5-1

Net Seller: 55,663 shares

Net Sell 6 txns

Insider Johnson Ashley F.

Role President & CFO

Sold 55,663 shs ($944K)

Type	Security	Shares	Price	Value
Other	Class A Common Stock F5	72,096	$0.00	$0.00
Other	Class A Common Stock F5	72,096	$0.00	$0.00
Sale	Class A Common Stock F6, F7	55,663	$16.9648	$944K
Grant/Award	Class A Common Stock F1	5,588	$0.00	$0.00
Tax Withholding	Class A Common Stock F2	3,071	$16.02	$49K
Tax Withholding	Class A Common Stock F3, F4	84,873	$16.02	$1.36M

Holdings After Transaction: Class A Common Stock — 977,670 shares (Direct); Class A Common Stock — 577,915 shares (Indirect, Johnson Joint Revocable Trust)

Footnotes (7)

1. F1. Represents shares acquired upon the vesting of performance restricted stock units ("PRSUs") that were received in lieu of the Reporting Person's cash bonus earned for the first half of fiscal year ending January 31, 2027 ("H1") under the Issuer's Amended & Restated Annual Cash Incentive Plan. The Reporting Person elected to convert such cash bonus into PRSUs representing 100% of the earned cash bonus amount for H1.
2. F2. No shares were sold by the reporting person. This transaction represents shares of issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of performance restricted stock units ("PRSUs").
3. F3. No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
4. F4. Includes 977,670 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.
5. F5. This transaction involved a transfer of shares by the Reporting Person to Johnson Joint Revocable Trust, a revocable trust of which the Reporting Person and her spouse serve as trustees.
6. F6. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 23, 2026.
7. F7. The sales were executed in multiple trades at prices ranging from $16.28 to $17.26. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

Key Figures

Shares transferred to trust: 72,096 shares Shares sold by trust: 55,663 shares Weighted average sale price: $16.9648 per share +4 more

7 metrics

Shares transferred to trust 72,096 shares Transfer from direct ownership to Johnson Joint Revocable Trust on September 17, 2026

Shares sold by trust 55,663 shares Sale by Johnson Joint Revocable Trust on September 17, 2026

Weighted average sale price $16.9648 per share Trust sale of 55,663 shares; trades ranged from $16.28 to $17.26

PRSUs vested in lieu of cash bonus 5,588 shares Shares acquired on September 15, 2026 for H1 FY ending January 31, 2027

Shares withheld for PRSU tax liability 3,071 shares at $16.02 per share Withheld by issuer on September 15, 2026

Shares withheld for RSU tax liability 84,873 shares at $16.02 per share Withheld by issuer on September 15, 2026

Unvested RSUs outstanding 977,670 RSUs RSUs vest in equal quarterly installments on March 15, June 15, September 15 and December 15

Key Terms

performance restricted stock units ("PRSUs"), restricted stock units ("RSUs"), Rule 10b5-1 trading plan, withholding tax liability, +1 more

5 terms

performance restricted stock units ("PRSUs") financial

"Represents shares acquired upon the vesting of performance restricted stock units ("PRSUs")"

restricted stock units ("RSUs") financial

"represents shares of the issuer's Class A Common Stock withheld ... upon the vesting of restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Rule 10b5-1 trading plan regulatory

"executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

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.

withholding tax liability financial

"withheld by the issuer in payment of the withholding tax liability incurred upon the vesting"

revocable trust financial

"Johnson Joint Revocable Trust, a revocable trust of which the Reporting Person and her spouse serve as trustees"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock transactions did Planet Labs PBC (PL) disclose for Ashley F. Johnson?

Planet Labs PBC disclosed that President & CFO Ashley F. Johnson transferred 72,096 shares to the Johnson Joint Revocable Trust and that the trust sold 55,663 shares of Class A Common Stock on September 17, 2026, along with equity vesting and tax-withholding events on September 15, 2026.

How many Planet Labs (PL) shares were sold and at what price in this Form 4?

The Johnson Joint Revocable Trust sold 55,663 shares of Planet Labs Class A Common Stock at a weighted average price of $16.9648 per share on September 17, 2026, with sales executed in multiple trades between $16.28 and $17.26 per share.

Was the Planet Labs (PL) insider sale made under a Rule 10b5-1 trading plan?

Yes. A footnote states that the sale by the Johnson Joint Revocable Trust on September 17, 2026 was executed pursuant to a Rule 10b5-1 trading plan adopted by Ashley F. Johnson on April 23, 2026.

What equity award did Ashley F. Johnson of Planet Labs (PL) receive instead of cash bonus?

On September 15, 2026, Ashley F. Johnson acquired 5,588 shares of Class A Common Stock upon vesting of performance restricted stock units (PRSUs), which she received in lieu of her earned cash bonus for the first half of the fiscal year ending January 31, 2027.

How many Planet Labs (PL) shares were withheld for taxes on Johnson’s equity vesting?

To satisfy withholding tax liabilities upon vesting, Planet Labs withheld 3,071 shares related to PRSUs and 84,873 shares related to RSUs, each at $16.02 per share, as disclosed in the Form 4 footnotes. No shares were sold by Johnson in connection with these withholdings.

What ongoing RSU holdings does Ashley F. Johnson have at Planet Labs (PL)?

A footnote states that Ashley F. Johnson holds 977,670 RSUs that vest in equal quarterly installments on the 15th of March, June, September, and December, each RSU representing a contingent right to receive one share of Planet Labs Class A Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 06:24 PM Accepted by SEC EDGAR 09/17/2026 - 06:23 PM Learn about SEC filing dates

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

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).

X

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^*

Johnson Ashley F.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/15/2026		A		5,588(1)	A	$0.00	1,137,710	D
Class A Common Stock	09/15/2026		F		3,071(2)	D	$16.02	1,134,639	D
Class A Common Stock	09/15/2026		F		84,873(3)	D	$16.02	1,049,766(4)	D
Class A Common Stock	09/17/2026		J(5)		72,096	D	$0.00	977,670	D
Class A Common Stock	09/17/2026		J(5)		72,096	A	$0.00	633,578	I	Johnson Joint Revocable Trust
Class A Common Stock	09/17/2026		S		55,663(6)	D	$16.9648(7)	577,915	I	Johnson Joint Revocable Trust

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 shares acquired upon the vesting of performance restricted stock units ("PRSUs") that were received in lieu of the Reporting Person's cash bonus earned for the first half of fiscal year ending January 31, 2027 ("H1") under the Issuer's Amended & Restated Annual Cash Incentive Plan. The Reporting Person elected to convert such cash bonus into PRSUs representing 100% of the earned cash bonus amount for H1.

2. No shares were sold by the reporting person. This transaction represents shares of issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of performance restricted stock units ("PRSUs").

3. No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").

4. Includes 977,670 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.

5. This transaction involved a transfer of shares by the Reporting Person to Johnson Joint Revocable Trust, a revocable trust of which the Reporting Person and her spouse serve as trustees.

6. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 23, 2026.

7. The sales were executed in multiple trades at prices ranging from $16.28 to $17.26. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

	/s/LeeAnn Linck, Attorney-in-fact for: Ashley F. Johnson	09/17/2026
	** Signature of Reporting Person	Date
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)