Marshall William Spencer 4

What Happened Marshall William Spencer, Co‑Founder, CEO and a director of Planet Labs PBC (PL), reported a gift of 155,000 shares on April 22, 2026. The filing lists the transaction as a bona fide gift (transaction code G); no sale occurred and no cash was received for the shares (reported value $0).

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-24 (filed within the standard 2-business-day window).
• Transaction type: Gift (code G); 155,000 shares disposed; price reported as $0.00 because this was not a market sale.
• Footnote F1: Confirms the transaction was a bona fide gift and that no value was received.
• Footnote F2: The filing also notes 2,222,807 RSUs that vest in equal quarterly installments (Mar/Jun/Sep/Dec); each RSU converts to one share and they have no expiration date.
• The filing does not record a cash proceeds amount because no sale took place.

Context Gifts by insiders are transfers for personal or estate-planning reasons and do not necessarily signal a view on the company’s prospects. The RSU note is informational — these are contingent rights to receive shares over time and are not part of the gifted shares.