Planet Labs PBC: director Brennan Ita M sold 11,500 shares

What happened Brennan Ita M, a director of Planet Labs PBC, sold 11,500 shares in an open-market or private sale on Oct 1, 2026 for total proceeds of $187,479 at a weighted average price of $16.30 per share.

Key details

• Transaction date and prices: Oct 1, 2026; sales executed in multiple trades at prices ranging from $16.15 to $16.58; weighted average price $16.30.
• Total shares sold and proceeds: 11,500 shares for $187,479.
• Shares owned after the transaction: not reported on the Form 4.
• Relevant footnotes from the filing: (F1) sale executed under a Rule 10b5-1 trading plan adopted Jan 14, 2026; (F2) price is a weighted average and the reporting person will provide per-trade detail on request; (F3) reporting includes disclosure of 2,052 RSUs vesting in equal quarterly installments on Dec 15, Mar 15 and Jun 15 and 6,479 RSUs that fully vest on the earlier of the first anniversary of the grant or the issuer's next annual meeting; RSUs convert to one share each and have no expiration.
• Filing date and timeliness: filed Oct 2, 2026 (filed 1 day after the transaction).

Why it may matter

• The sale was executed under a pre-existing 10b5-1 plan and occurred across multiple trades at slightly different prices.
  A filing does not show why the insider traded or why the company acted.