Gadde Vijaya 4
Research Summary
AI-generated summary
Planet Labs (PL) Director Gadde Vijaya Sells 20,000 Shares
What Happened
Gadde Vijaya, a director of Planet Labs PBC (PL), sold 20,000 shares in an open-market transaction on January 22, 2026. The reported weighted-average price was $26.77 per share, for total proceeds of approximately $535,350. This was a sale (S) reported on a Form 4 filed January 23, 2026.
Key Details
- Transaction date: 2026-01-22 (Period of Report); Form 4 filed: 2026-01-23 (timely filing).
- Transaction type/code: Open-market sale (S).
- Shares sold: 20,000; weighted-average price: $26.77; total value ≈ $535,350.
- Price range (per footnote): transactions occurred at prices from $26.76 to $26.815; the weighted average was reported and the filer offers to provide a per-price breakdown to the SEC on request.
- Shares owned after transaction: not specified in the provided excerpt of the filing—see the full SEC filing (Accession 0001836833-26-000025) for ownership totals.
- No footnote indicates a 10b5-1 plan, gift, exercise, or tax-withholding related to this sale in the provided data.
Context
This was a direct open-market sale by a company director. Sales can be routine (liquidity, diversification, tax needs, or planned programs) and do not by themselves indicate company performance or insider sentiment. For complete context (post-transaction holdings, any related trading plans, or additional disclosures), consult the full Form 4 on the SEC EDGAR system using accession 0001836833-26-000025.