Planet Labs Pbc SEC Filings

William Marshall filed a notice to sell 200,000 shares of PL common stock. The planned sale is through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate aggregate market value of $4,064,000 and 292,507,135 shares of the class outstanding.

The shares to be sold were acquired on 06/15/2023 from the issuer via RSU/PSU awards. The filing also reports securities sold during the past three months, including 200,000 common shares sold on 10/13/2025 for gross proceeds of $3,099,306.38, labeled as 10b5-1 sales for William Marshall.

Planet Labs insider plans to sell common stock under Rule 144. A holder intends to sell 73,782 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $1,499,250.24, on or about 12/26/2025 on the NYSE. The filing notes 292,507,135 shares of common stock outstanding.

The shares to be sold were acquired on 12/15/2024 as restricted stock units from the issuer, in the same amount of 73,782 shares, with no separate cash payment disclosed. Over the past three months, 10b5-1 sales for Robert H. Schingler Jr. included a sale of 81,656 common shares on 10/13/2025, producing gross proceeds of $1,265,334.54.

Planet Labs PBC President & CFO Ashley F. Johnson reported an automatic equity transaction dated 12/15/2025.

The filing shows 85,403 shares of Class A Common Stock were disposed of at $18.05 per share under transaction code F, representing shares withheld by the company to pay withholding taxes triggered by the vesting of restricted stock units (RSUs), and no shares were sold by the insider. After this transaction, Johnson beneficially owned 2,029,311 shares, including 1,280,545 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December, each RSU corresponding to one share of Class A Common Stock with no expiration date.

Planet Labs PBC co-founder, Chief Strategy Officer and director Robert H. Schingler reported a tax-related share withholding tied to restricted stock units. On 12/15/2025, the company withheld 50,332 shares of Class A Common Stock at $18.05 per share to cover withholding taxes due upon RSU vesting; no shares were sold by the insider.

After this transaction, Schingler beneficially owns 1,238,511 Class A shares, including 834,558 RSUs. These RSUs vest in equal quarterly installments on the 15th of March, June, September and December, each representing a contingent right to receive one share of Class A Common Stock with no expiration date.

Planet Labs PBC CEO, Co-Founder and Director William Spencer Marshall reported a tax-related share withholding tied to restricted stock unit (RSU) vesting. On 12/15/2025, 121,897 shares of Class A Common Stock were withheld by the company at $18.05 per share to satisfy withholding tax liabilities from vested RSUs, and no shares were sold into the market.

After this transaction, Marshall beneficially owns 3,034,490 Class A shares, including 2,069,641 RSUs. These RSUs vest in equal quarterly installments on the 15th of March, June, September and December, with each RSU representing a contingent right to receive one share of Class A Common Stock and having no expiration date.

Planet Labs PBC reported higher revenue but a wider net loss for the quarter ended October 31, 2025. Quarterly revenue rose to $81.3 million from $61.3 million a year earlier, driven by growth across North America, Asia Pacific & Japan, EMEA and Latin America, with Defense & Intelligence customers contributing the largest share. Gross profit increased to $46.6 million, and the operating loss narrowed to $18.3 million from $22.6 million as operating expenses grew more slowly than revenue.

However, a large non-cash charge from the change in fair value of warrant liabilities led to a quarterly net loss of $59.2 million, compared with a $20.1 million loss a year earlier. For the first nine months, revenue reached $220.9 million versus $182.8 million, while the net loss was $94.4 million. Liquidity strengthened, with cash, cash equivalents and short-term investments totaling about $677.3 million and remaining performance obligations of $672.5 million, alongside $446.2 million of convertible notes on the balance sheet.

Planet Labs PBC announced its financial results for the third fiscal quarter ended October 31, 2025. The company also scheduled a conference call and webcast to discuss these results at 5:00 p.m. Eastern time on December 10, 2025. A press release containing the detailed quarterly results is attached as Exhibit 99.1 and incorporated by reference, while the information is furnished rather than filed under securities law, limiting certain legal liabilities.

Driehaus Capital Management LLC filed a Schedule 13G reporting beneficial ownership of 14,372,467 shares of Planet Labs PBC Class A common stock, representing 5.01%, as of 09/30/2025.

Driehaus reports shared voting and dispositive power over 14,372,467 shares and no sole voting or dispositive power. The shares are held on a fully discretionary basis in numerous client accounts. Driehaus certifies the holdings were acquired and are held in the ordinary course and not to change or influence control.

Planet Labs PBC (PL) director Scott Reese reported an equity award. On 11/03/2025, he acquired 8,807 shares of Class A Common Stock at a price of $0, reported as restricted stock units (RSUs) that each represent the right to receive one share.

The RSUs will fully vest on the earlier of the first anniversary of the company’s most recent annual meeting of stockholders or the date of the next annual meeting following the grant, subject to continuous service through the vesting date. Following the transaction, 8,807 shares were shown as directly beneficially owned.