BlackRock (PL) discloses 14.18M Planet Labs shares with sole dispositive power
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended ownership report for Planet Labs PBC Class A stock. BlackRock reports beneficial ownership of 14,179,036 shares, representing 4.3% of the class. It holds 13,626,744 shares with sole voting power and all 14,179,036 shares with sole dispositive power, with no shared voting or dispositive power.
Various underlying clients have rights to dividends or sale proceeds from these shares, but no single client holds more than five percent of Planet Labs’ outstanding common shares. The filing is signed by Managing Director Spencer Fleming on July 29, 2026.
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Key Figures
Beneficial ownership: 14,179,036 shares
Ownership percentage: 4.3 %
Sole voting power: 13,626,744 shares
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4 metrics
Beneficial ownership
14,179,036 shares
Class A stock beneficially owned by BlackRock, Inc.
Ownership percentage
4.3 %
Percent of Planet Labs PBC Class A stock held by BlackRock
Sole voting power
13,626,744 shares
Shares for which BlackRock has sole power to vote or direct the vote
Sole dispositive power
14,179,036 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G
4 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 13,626,744.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 14,179,036.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Planet Labs PBC (PL) does BlackRock currently report owning?
BlackRock reports beneficial ownership of 4.3% of Planet Labs PBC Class A stock. This corresponds to 14,179,036 shares of the company’s Class A common stock as disclosed in the amended Schedule 13G filing.
Does any single BlackRock client hold more than 5% of Planet Labs PBC (PL)?
No single client holds more than 5% of Planet Labs PBC common shares. The filing notes various persons may receive dividends or sale proceeds, but none exceed five percent of the total outstanding common stock.
Why is BlackRock’s Planet Labs PBC (PL) holding reported on a Schedule 13G/A?
The position is reported on Schedule 13G/A because it reflects securities beneficially owned by certain BlackRock business units. The amendment updates ownership information while remaining under the five percent threshold described in Item 5.
Who signed the amended Planet Labs PBC (PL) ownership report for BlackRock and when?
The amended ownership report was signed by Spencer Fleming, a Managing Director at BlackRock. The signature date is July 29, 2026, confirming the information provided as of that time.