Planet Labs PBC·4

Apr 24, 5:04 PM ET

Schingler Robert H 4

Research Summary

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Planet Labs (PL) Co-Founder Robert Schingler Gifts 55,000 Shares

What Happened

  • Robert H. Schingler, Co-Founder, Chief Strategy Officer and Director of Planet Labs PBC (PL), reported a gift of 55,000 shares on April 22, 2026. The filing shows a disposition by gift (code G); because this was a bona fide gift and not a market sale, no price or cash value was reported (reported value $0).

Key Details

  • Transaction date: 2026-04-22; Form 4 filed: 2026-04-24 (filed within the typical two-business-day window).
  • Shares transferred: 55,000 (gift). Price reported: $0 (footnote F1 confirms a bona fide gift; no value received).
  • Shares owned after transaction: not specified in the provided details of this summary.
  • Notable footnotes:
    • F1: Confirms the transaction was a bona fide gift and that no price or value was received.
    • F2: Filing also notes Schingler holds 851,339 RSUs that vest in equal quarterly installments (Mar 15, Jun 15, Sep 15, Dec 15). Each RSU converts to one share and has no expiration date.
  • Filing timeliness: Filed two days after the transaction date; appears timely under Form 4 reporting rules.

Context

  • Gifts are non-market transfers used for personal, estate, or charitable planning and do not necessarily reflect the insider’s view on the company’s stock. Because this was a gift, no cash changed hands and it should not be interpreted as a buy/sell signal.