Raymond John w 4

What Happened

• Raymond John w, a director of Planet Labs PBC (PL), received a grant of 6,479 restricted stock units (RSUs) on 2026-07-09. The reported acquisition price is $0.00, so no cash was paid and the immediate value recorded in the Form 4 is $0.
• This is an equity award (transaction code A), not an open-market purchase or sale. RSUs are a contingent right to receive shares on vesting, so these do not represent current Class A stock ownership until they vest.

Key Details

• Transaction date: 2026-07-09; Filing date: 2026-07-10 (timely).
• Security/amount: 6,479 RSUs reported as acquired at $0.00 (total reported value $0).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The 6,479 RSUs each represent a contingent right to one share of Class A Common Stock. They vest on the earlier of (i) the first anniversary of the grant or (ii) the issuer’s next annual meeting of stockholders following the grant, subject to continuous service through the vesting date.
• Transaction type: Award/Grant (A). No sale, exercise, or tax-withholding information was reported in this filing.

Context

• RSUs are a common form of executive/director compensation and only convert into actual shares when they vest; until then they are a promise of future stock, not current tradable shares.
• Such grants are routine for aligning management and board incentives with shareholders and do not, by themselves, signal buying or selling intent in the market.