Johnson Ashley F. 4
4 · Planet Labs PBC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Planet Labs (PL) President & CFO Ashley F. Johnson Sells Shares
What Happened
Ashley F. Johnson, President and Chief Financial Officer of Planet Labs PBC (PL), reported open-market sales of 200,000 shares on April 2, 2026 for total proceeds of approximately $7.02 million. On April 6, 2026 she reported a non-market transfer of 525,708 shares to The Johnson Joint Revocable Trust (a transfer in which she and her spouse are trustees); this transfer is reported as both a disposition and an acquisition at $0 per share (internal trust transfer).
Key Details
- Sales (open-market): 51,460 shares at a weighted average price of $34.76 ($1,788,595) and 148,540 shares at a weighted average price of $35.22 ($5,231,623) — total sold = 200,000 shares for ~$7,020,218.
- Transfer to trust (code J): 525,708 shares reported as disposed and reacquired at $0 on Apr 6, 2026 (The Johnson Joint Revocable Trust; Reporting Person and spouse are trustees).
- Trade execution notes: Sales were executed in multiple trades. Prices ranged $34.57–$34.94 for one lot and $34.585–$35.87 for the other; the filing shows weighted-average prices (Reporting Person can provide per-trade details on request).
- RSUs noted: Footnote indicates 1,298,687 RSUs that vest quarterly and convert to one share each — these are contingent awards with no expiration.
- Filing timing: Transaction dates Apr 2 (sales) and Apr 6 (trust transfer); Form 4 was filed Apr 6, 2026 (timely given weekend days between transaction and filing).
Context
- The open-market transactions are outright sales (S) — common insider activity that realizes proceeds; they are not purchases (which some investors view as more bullish).
- The transfer (J) to a revocable trust is an internal reallocation of beneficial ownership, not a public sale. Such transfers often reflect estate or household planning rather than a change in economic exposure.
- This summary is factual and not an explanation of motive. For complete transaction-level details and the insider’s post-transaction holdings, consult the full Form 4 filing (accession 0001193125-26-144100).
Insider Transaction Report
Form 4
Johnson Ashley F.
President & CFO
Transactions
- Sale
Class A Common Stock
[F1]2026-04-02$34.76/sh−51,460$1,788,595→ 2,043,702 total - Sale
Class A Common Stock
[F2]2026-04-02$35.22/sh−148,540$5,231,623→ 1,895,162 total - Other
Class A Common Stock
[F3][F4]2026-04-06−525,708→ 1,369,454 total - Other
Class A Common Stock
[F3]2026-04-06+525,708→ 525,708 total(indirect: By Trust)
Footnotes (4)
- [F1]The sales were executed in multiple trades at prices ranging from $34.57 to $34.94. 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.
- [F2]The sales were executed in multiple trades at prices ranging from $34.585 to $35.87. 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]This transaction involved a transfer of shares by the Reporting Person to The Johnson Joint Revocable Trust, of which the Reporting Person and her spouse serve as trustees.
- [F4]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|2026-04-06