Robinson Kristen 4
Research Summary
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Planet Labs (PL) Director Kristen Robinson Sells Shares
What Happened
Kristen Robinson, a director of Planet Labs PBC (PL), sold 47,835 shares in an open-market transaction on January 21, 2026 at $26.96 per share, generating about $1,289,632. The same filing also reports a zero-dollar transfer of 270,732 shares to The Gary and Kristen Robinson Trust (a revocable trust of which she and her spouse are trustees) — reported as both a disposition and acquisition (code J) to reflect the internal transfer.
Key Details
- Transaction date(s): 2026-01-21.
- Open-market sale: 47,835 shares at $26.96 — proceeds ≈ $1,289,632.
- Transfer to trust: 270,732 shares reported at $0.00 (code J); footnote F1 confirms transfer to The Gary and Kristen Robinson Trust.
- Unvested awards noted (footnote F2): 4,639 RSUs vest quarterly; 32,468 RSUs vest on earlier of one-year anniversary or next annual meeting. RSUs convert to one share each and have no expiration.
- Shares owned after the transactions: not specified in the Form 4.
- Filing timeliness: Report filed 2026-01-23 for a 2026-01-21 transaction — filed within the typical 2-business-day window (timely).
Context
- The sale was an open-market disposition (routine sale), while the zero-dollar entries reflect an internal transfer into a revocable trust (footnote F1). Transfers to trusts are generally estate/planning moves and do not necessarily indicate a change in view on the company.
- The filing includes unvested RSUs (footnote F2); these are contingent rights to future shares and are different from immediately tradable stock.