Planet Labs (PL) CEO Marshall Spencer Gifts 80,000 Shares

What Happened
Marshall William Spencer, co‑founder, CEO and director of Planet Labs PBC (PL), reported gifting 80,000 shares on September 18, 2026. The transaction is reported as a gift (code G), so no sale price or proceeds were received — the reported per‑share price is $0.00 and total value $0.

Key Details

• Transaction date: 2026-09-18 (report filed the same day).
• Transaction type: Gift of 80,000 shares (code G). Reported price: $0.00; total proceeds: $0.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes:
  • F1 — The transfer is a bona fide gift; no value was received and no market transaction occurred.
  • F2 — The filing also notes 1,693,566 RSUs remain to vest in equal quarterly installments (Mar/Jun/Sep/Dec); each RSU converts to one share and they have no expiration.
• Timeliness: Filing shows the period of report and filing date as 2026-09-18, indicating the report was filed contemporaneously.

Context
Gifts are non‑market transfers and do not necessarily reflect the insider’s view on the company’s stock price; they can be for personal, tax, or estate‑planning reasons. The RSU information simply describes outstanding restricted awards that will vest over time and is separate from the gifted shares.