William Spencer Marshall - 03 Feb 2026 Form 4 Insider Report for Planet Labs PBC (PL)

Role
Co-Founder and CEO, Director
Signature
/s/ LeeAnn Linck, Attorney-in-fact for: William Spencer Marshall
Issuer symbol
PL
Transactions as of
03 Feb 2026
Net transactions value
-$1,509,832
Form type
4
Filing time
05 Feb 2026, 15:59:37 UTC
Previous filing
23 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Marshall William Spencer Co-Founder and CEO, Director C/O PLANET LABS PBC, 645 HARRISON STREET, FLOOR 4, SAN FRANCISCO /s/ LeeAnn Linck, Attorney-in-fact for: William Spencer Marshall 05 Feb 2026 0001898468

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PL Class A Common Stock Options Exercise $0 +123,900 +4.1% $0.000000 3,146,520 03 Feb 2026 Direct
transaction PL Class A Common Stock Tax liability $1,509,832 -63,041 -2% $23.95 3,083,479 03 Feb 2026 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PL Earnout - Class A Shares Options Exercise $0 -123,900 -100% $0.000000 0 03 Feb 2026 Class A Common Stock 123,900 Direct F2
transaction PL Earnout - Class B Shares Options Exercise $0 -292,027 -100% $0.000000 0 03 Feb 2026 Class B Common Stock 292,027 Direct F2
transaction PL Class B Common Stock Options Exercise $0 +292,027 +2.5% $0.000000 11,746,898 03 Feb 2026 Class A Common Stock 292,027 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,069,641 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.
F2 Represents the issuance of earnout shares as a result of the achievement of the $21.00 stock price threshold.
F3 Shares of Class B Common Stock may be converted into shares of Class A Common Stock, on a one-to-one basis, at the option of the holder at any time and have no expiration date.