Marshall William Spencer sold PL

April 6, 2026 · Form 4 insider transaction

Marshall William Spencer sold 200,000 shares of Planet Labs PBC at $35.07 per share, a transaction worth $7.01M. 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.

Direction
Disposed (sell-side)
Shares
200,000
Price
$35.07
Total value
$7.01M
RoleOfficer, Director
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateApril 6, 2026
Filing dateApril 8, 2026
Shares owned after3,192,726
OwnershipDirect
10b5-1 planYes
AmendedNo

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 $34.25 to $36.14. 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 2,222,807 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.

View the original Form 4 on SEC EDGAR