This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2025. | The sales were executed in multiple trades at prices ranging from $25.33 to $27.17. 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. | Includes 1,958,187 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.
Post-Transaction Holdings
Marshall William Spencer
Security
Shares
Change
Class A Common Stock
2.70M
-200.00K (-6.89%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-10
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Planet Labs PBC (PL)
CIK: 0001836833
--- Reporting Owner ---
Name: Marshall William Spencer
CIK: 0001898468
Role: Director, Officer (Co-Founder and CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-07-10 | Code: S (Open market sale)
Shares: -200,000 | Price: $25.92
Total Value: $5,183,940.00
Shares Owned After: 2,703,115 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2025.
[F2] The sales were executed in multiple trades at prices ranging from $25.33 to $27.17. 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.
[F3] Includes 1,958,187 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.
--- Footnotes (Complete Index) ---
F1: This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2025.
F2: The sales were executed in multiple trades at prices ranging from $25.33 to $27.17. 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.
F3: Includes 1,958,187 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.
--- Signature ---
/s/ /s/ LeeAnn Linck, Attorney-in-fact for: William Spencer Marshall (2026-07-13)
