Welcome to our dedicated page for Planet Labs PBC SEC filings (Ticker: PL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Planet Labs PBC filings document an Earth-observation company that provides satellite imagery, geospatial data, and related software solutions. The company’s 8-K reports include operating results, Regulation FD disclosures, material agreements, and other events tied to its commercial and government satellite-data business.
Recent filings also describe capital-structure matters involving Class A common stock, Class B common stock, earnout share issuances, and public warrants originally issued with IPO units. The record includes warrant redemption disclosures and a Form 25 covering removal of the redeemable warrants from NYSE listing and registration.
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.
Planet Labs PBC reported that Co‑Founder and CEO Marshall William Spencer received a grant of 393,212 restricted stock units (RSUs), each representing one share of Class A Common Stock, as a stock award. These RSUs will vest in equal quarterly installments over four years beginning on June 15, 2026.
The company also withheld 122,167 shares of Class A Common Stock to cover tax liabilities related to RSU vesting, and no shares were sold on the market. After these transactions, Spencer directly holds 3,354,524 Class A shares and 2,222,807 unvested RSUs scheduled to vest quarterly.
Planet Labs PBC received an amended Schedule 13G/A showing that Driehaus Capital Management LLC beneficially owns 8,511,620 shares of Planet Labs Class A common stock, representing 2.91% of the class as of the event date of 12/31/2025.
Driehaus reports no sole voting or dispositive power over the shares, with all 8,511,620 shares held with shared voting and shared dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Planet Labs.
Planet Labs PBC President & CFO Ashley F. Johnson reported equity-related transactions in Class A Common Stock. On February 3, 2026, 61,317 earnout Class A shares were issued at an exercise price of $0 after achieving a $21.00 stock price threshold. In connection with this, 33,694 shares of Class A Common Stock were surrendered at $23.95 per share to cover tax obligations, leaving 1,983,724 Class A shares beneficially owned directly. This total includes 1,280,545 RSUs that vest quarterly on March 15, June 15, September 15 and December 15, each RSU representing the right to receive one share of Class A Common Stock.
Planet Labs PBC director and Co-Founder/Chief Strategy Officer Robert H. Schingler reported multiple equity transactions on February 3, 2026. He exercised earnout rights for 36,369 Class A shares and 292,027 Class B shares at an exercise price of $0 after achievement of a $21.00 stock price threshold, reducing his earnout derivative positions to zero.
On the same date, 292,027 shares of Class B Common Stock held indirectly through Ulysses Trust 02021.1 were converted into 292,027 Class A shares. Schingler then had 18,504 Class A shares withheld at $23.95 to cover tax obligations, leaving 911,558 Class A shares held directly and 330,171 Class A shares plus 11,746,898 Class A shares indirectly through the trust. His direct holdings also include 834,558 RSUs that vest quarterly and entitle him to one Class A share each.
Planet Labs PBC’s Co-Founder and CEO William Spencer Marshall reported equity award activity tied to stock-price milestones and tax withholding. On February 3, 2026, an earnout was triggered when the stock reached the $21.00 threshold, issuing 123,900 earnout Class A shares and 292,027 earnout Class B shares. The Class B Common Stock is convertible into Class A on a one-to-one basis at the holder’s option with no expiration date. The filing also shows 63,041 shares of Class A Common Stock withheld at $23.95 per share in a transaction coded “F”, typically used for tax withholding on vested awards. After these transactions, Marshall directly holds 3,083,479 shares of Class A Common Stock, which include 2,069,641 restricted stock units that vest quarterly on March 15, June 15, September 15 and December 15, each RSU representing one Class A share with no expiration date.
Planet Labs PBC director Ita M. Brennan acquired 423 shares of Class A Common Stock by exercising earnout-linked derivative rights at $0 per share. This increased Brennan’s directly held Class A position to 300,658 shares.
The 300,658 shares include 6,957 restricted stock units that vest in equal quarterly installments each March, June, September and December, and 32,468 restricted stock units that fully vest on the earlier of the first anniversary of grant or the next annual stockholder meeting. The 423 earnout shares were issued after Planet Labs’ stock achieved the disclosed $21.00 price thresholds, and the related earnout derivative position was reduced to zero.
Planet Labs PBC director Carl Bass reported the issuance of 19,916 Class A shares from an earnout award after a $21.00 stock price threshold was achieved. These earnout shares were acquired at a price of $0.00 per share through the exercise of a derivative security.
Following this transaction on 02/03/2026, Bass directly beneficially owns 397,186 shares of Class A Common Stock. This amount includes 32,468 restricted stock units that will fully vest on the earlier of the first anniversary of the grant or the company’s next annual stockholder meeting.
Planet Labs PBC disclosed that stock price milestones under its merger earnout have been fully met, triggering the final issuance of contingent shares. The company issued 5,171,222 Class A shares and 584,054 Class B shares after its Class A stock closed at or above $21.00 for 20 out of 30 trading days.
These issuances complete the up to 27 million share contingent consideration originally agreed in the 2021 merger, and no further contingent shares are due. After the issuance, Planet had 317,596,228 Class A shares and 23,493,796 Class B shares outstanding, with the new Class B shares carrying 20 votes per share and the same transfer and sunset provisions as existing Class B stock.
The same price performance also satisfied all vesting conditions for 862,500 sponsor earnout Class A shares and 2,966,667 sponsor earnout warrants, so all such sponsor securities are now vested rather than subject to potential cancellation at the five‑year mark.
Planet Labs PBC director Gary B. Smith reported small trades in Class A common stock. On 10/09/2025 he purchased 20 shares at $15.66 each, and on 11/11/2025 he sold 20 shares at $12.685 each. After these transactions, he beneficially owned 32,468 shares directly. The report notes it was filed late because the shares were held in an account managed independently and solely by his broker, so he became aware of the transactions only recently.