Planet Labs PBC·4

Jul 13, 8:24 PM ET

Schingler Robert H 4

4 · Planet Labs PBC · Filed Jul 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Planet Labs (PL) Co‑founder Robert Schingler Sells 89,593 Shares

What Happened
Robert H. Schingler, Co‑Founder, Chief Strategy Officer and Director of Planet Labs PBC (PL), reported selling a total of 89,593 shares on July 10, 2026. The transactions were reported as sales at $25.92 per share: 25,000 shares (reported proceeds $647,993) and 64,593 shares (reported proceeds $1,674,231), for aggregate proceeds of $2,322,224. The filings list these as open‑market or private sales (transaction code "S").

Key Details

  • Transaction date: July 10, 2026; filing date: July 13, 2026 (Form 4, accession 0001897636-26-000005) — filing appears to be timely.
  • Prices and proceeds: both lots at $25.92/sh; $647,993 and $1,674,231 respectively; total ≈ $2,322,224.
  • Shares owned after transaction: not specified in the provided excerpt of the filing — see the full Form 4 for beneficial ownership totals.
  • Footnotes: (1) Sales were executed pursuant to a Rule 10b5‑1 trading plan adopted July 14, 2025. (2) The reporting person’s holdings include 744,984 RSUs that vest in equal quarterly installments (Mar/Jun/Sep/Dec 15) and represent contingent rights to one Class A share each with no expiration.
  • Transaction type: sales (S). No options exercise, gift, or award reported in these transactions.

Context
A Rule 10b5‑1 plan indicates these sales were preplanned automated trades, which are commonly used by insiders for routine diversification or liquidity and do not necessarily reflect a change in view on the company. For investors, purchases generally carry more informational weight than routine, prearranged sales. If you want the exact post‑trade beneficial ownership or additional transaction details, review the full Form 4 filing (accession 0001897636-26-000005).

Insider Transaction Report

Form 4
Period: 2026-07-10
Schingler Robert H
DirectorCo-Founder Chief Strategy Off.
Transactions
  • Sale

    Class A Common Stock

    [F1]
    2026-07-10$25.92/sh25,000$647,993225,171 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F2]
    2026-07-10$25.92/sh64,593$1,674,231825,541 total
Footnotes (2)
  • [F1]This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 14, 2025.
  • [F2]Includes 744,984 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date.
Signature
/s/LeeAnn Linck, Attorney-in-fact for: Robert H Schingler|2026-07-13

Documents

1 file
  • 4
    ownership.xmlPrimary

    4