SEC Form 4 · accession 0001193125-26-394658
Planet Labs PBC · PL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashley F. Johnson
Officer — President & CFO
Period of report
Sep 15, 2026
Accepted (ET)
Sep 17, 2026 · 6:23 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001836833
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 15, 2026 | A | 5,588 | $0.00 | A | 1,137,710 | D | |
| Class A Common StockF2 | Sep 15, 2026 | F | 3,071 | $16.02 | D | 1,134,639 | D | |
| Class A Common StockF3,F4 | Sep 15, 2026 | F | 84,873 | $16.02 | D | 1,049,766 | D | |
| Class A Common Stock | Sep 17, 2026 | J | 72,096 | $0.00 | D | 977,670 | D | |
| Class A Common Stock | Sep 17, 2026 | J | 72,096 | $0.00 | A | 633,578 | I | Johnson Joint Revocable Trust |
| Class A Common StockF6,F7 | Sep 17, 2026 | S | 55,663 | $16.9648 | D | 577,915 | I | Johnson Joint Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares acquired upon the vesting of performance restricted stock units ("PRSUs") that were received in lieu of the Reporting Person's cash bonus earned for the first half of fiscal year ending January 31, 2027 ("H1") under the Issuer's Amended & Restated Annual Cash Incentive Plan. The Reporting Person elected to convert such cash bonus into PRSUs representing 100% of the earned cash bonus amount for H1.
- F2No shares were sold by the reporting person. This transaction represents shares of issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of performance restricted stock units ("PRSUs").
- F3No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
- F4Includes 977,670 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.
- F5This transaction involved a transfer of shares by the Reporting Person to Johnson Joint Revocable Trust, a revocable trust of which the Reporting Person and her spouse serve as trustees.
- F6This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 23, 2026.
- F7The sales were executed in multiple trades at prices ranging from $16.28 to $17.26. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.