Johnson Ashley F. 4

4 · Planet Labs PBC · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

Planet Labs (PL) President & CFO Ashley F. Johnson Receives RSU Award

What Happened

Ashley F. Johnson, President and Chief Financial Officer of Planet Labs (PL), was granted 173,842 restricted stock units (RSUs) on 2026-03-12 (reported on Form 4). RSUs have no exercise price and represent the right to receive one share of Class A common stock at vesting.
On 2026-03-15, 85,558 shares were withheld by the issuer to satisfy the withholding tax liability related to RSU vesting; the withholding value is reported at $24.79 per share, totaling approximately $2,120,983. The filing shows the RSU grant (code A) and the withholding (code F).

Key Details

Transaction dates/prices: RSU grant on 2026-03-12 (no purchase price); withholding on 2026-03-15 at $24.79/share (85,558 shares; ~$2.12M).
Shares owned after transaction: not specified in the provided filing.
Notable footnotes:
- F1: RSUs vest in equal quarterly installments over 4 years beginning June 15, 2026; RSUs have no expiration.
- F2: No open‑market sale — shares were withheld by the issuer to cover tax withholding upon vesting.
- F3: Filing references 1,298,687 RSUs that vest quarterly on the 15th of Mar/Jun/Sep/Dec.
Filing timeliness: Reported on 2026-03-16 for a 2026-03-12 transaction; this appears to be filed within the standard two-business-day Form 4 window.

Context

This was an equity award (grant of RSUs), not an outright purchase by the insider — awards are typically part of compensation and vest over time.
The withheld shares represent a routine cashless-withholding for taxes (transaction code F), not a discretionary sell that should be interpreted as an active bearish signal.

Form 4

Period: 2026-03-12

President & CFO

Transactions

Award
Class A Common Stock
[F1]
2026-03-12+173,842→ 2,157,566 total
Tax Payment
Class A Common Stock
[F2][F3]
2026-03-15$24.79/sh−85,558$2,120,983→ 2,072,008 total

Footnotes (3)

[F1]Represents restricted stock units ("RSUs"), each of which represent a contingent right to receive one share of issuer's Class A Common Stock. The RSUs will vest in equal quarterly installments over 4 years, beginning on June 15, 2026. The RSUs have no expiration date.
[F2]No shares were sold by the Reporting Person. The transaction disclosed represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").
[F3]Includes 1,298,687 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/LeeAnn Linck, Attorney-in-fact for: Ashley F. Johnson|2026-03-16

1 file