Founder Chief Strategy Officer sells $886K of stock under 10b5-1 plan

What did Planet Labs PBC announce?

Planet Labs co-founder and Chief Strategy Officer Robert H Schingler sold 52,240 Class A shares at $16.96 for $886,225.48 under a pre-arranged 10b5-1 plan.

Key details

• Sale executed 09/17/2026 at $16.96 per share, total transaction value $886,225.48, made under a 10b5-1 plan.
• The 52,240 shares were first moved from direct ownership into the Ulysses Trust 02021.1 (code J) and then sold by the trust, leaving 170,171 shares indirectly held.
• A separate code F disposition of 54,117 shares at $16.02 on 09/15/2026 is reported, consistent with shares withheld for taxes; it is not part of the $886,225.48 sale total.
• Direct holdings after the reported transactions stand at 719,184 Class A shares.

Why it matters

This 4 reports an insider transaction at Planet Labs PBC. The likely share-price reaction reads as neutral.

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All Planet Labs PBC SEC filings →