Marshall William Spencer sold PL
October 13, 2025 · Form 4 insider transaction
Marshall William Spencer sold 200,000 shares of Planet Labs PBC at $15.50 per share, a transaction worth $3.10M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2025.; The sales were executed in multiple trades at prices ranging from $15.16 to $15.93. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.; Includes 2,309,686 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.