Reese Scott 4

What Happened Reese Scott, a director of Planet Labs PBC (PL), was awarded a total of 8,639 restricted stock units (RSUs) on July 9, 2026. The grant was reported on a Form 4 filed July 10, 2026. The award consists of 6,479 RSUs (grant A) and 2,160 RSUs (grant A), each shown with an acquisition price of $0.00 (total reported value $0). Each RSU represents a contingent right to one share of the issuer’s Class A Common Stock and will convert to shares upon vesting.

Key Details

• Transaction date(s) and price: 2026-07-09; 6,479 RSUs @ $0.00 and 2,160 RSUs @ $0.00 (codes: A — award/grant).
• Total RSUs awarded: 8,639.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting terms (from footnotes):
  • 6,479 RSUs: vest in full on the earlier of (i) first anniversary of the grant or (ii) issuer’s next annual meeting, subject to continuous service (F1).
  • 2,160 RSUs: vest in equal quarterly installments on Sept 15, Dec 15, Mar 15 and June 15; no expiration (F2).
  • Combined summary reiterated in F3.
• Filing timeliness: Form 4 filed on 2026-07-10 for a 2026-07-09 grant — appears timely (Form 4s must generally be filed within two business days).

Context RSUs are compensation awards that convert into shares when they vest; they are not an open-market purchase and do not by themselves signal a buy/sell decision by the insider. Vesting is subject to continued service, and issuance upon vesting may create a taxable event for the insider. For retail investors, awards are useful to track executive and director compensation but should be interpreted alongside other insider transactions and company fundamentals.