Brennan Ita M 4

What Happened
Brennan Ita, a director of Planet Labs PBC (PL), was granted two restricted stock unit (RSU) awards on 2026-07-09 totaling 9,215 RSUs (6,479 + 2,736). The grants were reported at $0.00 per share (typical for equity awards), so the reported cash consideration at grant was $0. These are awards (compensation/retention), not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-07-09, 6,479 RSUs @ $0.00 and 2,736 RSUs @ $0.00 (total 9,215 RSUs; $0 cash at grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting / footnotes:
  • F1: 6,479 RSUs vest in full on the earlier of the first anniversary of the grant or the issuer's next annual meeting, subject to continuous service.
  • F2: 2,736 RSUs vest in equal quarterly installments on Sept 15, Dec 15, Mar 15, and June 15 (no expiration).
  • F3: Combined summary of F1 and F2 (both sets are RSUs, each convertible to one Class A share).
• Filing timeliness: Report filed 2026-07-10 for a 2026-07-09 grant — appears timely (no late filing indicated).

Context
RSUs are a common form of equity compensation and represent a contingent right to receive shares once vesting conditions are met; they do not require immediate cash payment and do not itself indicate a buy/sell market signal. The two grant schedules (one with cliff or one-year/meeting-based vesting, the other with quarterly vesting) are typical for director compensation and retention.