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Planet Labs PBC — Director's Dealing 2026
Jan 24, 2026
31183_dirs_2026-01-23_d9572c0c-8da8-4c13-b1f1-82d8da082dde.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Planet Labs PBC (PL)
CIK: 0001836833
Period of Report: 2026-01-21
Reporting Person: Marshall William Spencer (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-01-21 | Class A Common Stock | M | 123897 | — | Acquired | 3085659 | Direct |
| 2026-01-21 | Class A Common Stock | F | 63039 | $26.38 | Disposed | 3022620 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-01-21 | Earnout - Class A Shares | $ | M | 123897 | Disposed | Class A Common Stock (123897) | Direct | |
| 2026-01-21 | Earnout - Class B Shares | $ | M | 292026 | Disposed | Class B Common Stock (292026) | Direct | |
| 2026-01-21 | Class B Common Stock | $ | M | 292026 | Acquired | Class A Common Stock (292026) | Direct |
Footnotes
F1: Includes 2,069,641 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.
F2: Represents the issuance of earnout shares as a result of the achievement of the $19.00 stock price threshold. The remaining earnout shares will vest in one final installment if the closing price of the Class A Common Stock equals or exceeds $21.00 over any 20 trading days within any 30 day trading period prior to December 7, 2026, or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $21.00.
F3: Shares of Class B Common Stock may be converted into shares of Class A Common Stock, on a one-to-one basis, at the option of the holder at any time and have no expiration date.