Marshall William Spencer sold PL
March 15, 2025 · Form 4 insider transaction
Marshall William Spencer sold 65,844 shares of Planet Labs PBC at $4.16 per share, a transaction worth $273.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
No shares were sold by the reporting person. The transaction disclosed represents shares of the issuer's Class A Common Stock withheld by the issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units ("RSUs").; Includes 2,789,776 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.