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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.