Form 4 for PL Planet Labs PBC
Accepted 2026-01-15 00:00:00 ET · period of report 2026-01-13 · accession 0001836833-26-000008 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-15 | 2026-01-13 | PL | Marshall William Spencer | CEO, Co-Founder, Dir | F - Tax | $25.32 | -120.5K | 2.96M | -4% | -$3.05M |
| D | 2026-01-15 | 2026-01-13 | PL | Marshall William Spencer | CEO, Co-Founder, Dir | M - OptEx | $0.00 | +247.8K | 3.08M | +9% | $0 |
| DM | 2026-01-15 | 2026-01-13 | PL | Marshall William Spencer | CEO, Co-Founder, Dir | M - OptEx | $0.00 | -247.8K | 247.8K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-01-13 | F | D | 120,522 | $25.32 | 2,961,762 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2026-01-13 | M | A | 247,794 | $0.00 | 3,082,284 | D | — | — | |
| 3 | Derivative | Earnout - Class B Shares | 2026-01-13 | M | D | 584,052 | $0.00 | 584,053 | D | — · — to — | 584,052 Class B Common Stock | (F2) Represents the issuance of earnout shares as a result of the achievement of the $15.00 and $17.00 stock price thresholds. The remaining earnout shares will vest in two substantially equal installments if the closing price of the Class A Common Stock equals or exceeds $19.00 and $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 $19.00 and $21.00. |
| 4 | Derivative | Class B Common Stock | 2026-01-13 | M | A | 584,052 | $0.00 | 11,162,845 | D | — · — to — | 584,052 Class A Common Stock | (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. |
| 5 | Derivative | Earnout - Class A Shares | 2026-01-13 | M | D | 247,794 | $0.00 | 247,797 | D | — · — to — | 247,794 Class A Common Stock | (F2) Represents the issuance of earnout shares as a result of the achievement of the $15.00 and $17.00 stock price thresholds. The remaining earnout shares will vest in two substantially equal installments if the closing price of the Class A Common Stock equals or exceeds $19.00 and $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 $19.00 and $21.00. |