Form 4: Planet Labs PBC CEO Sells Shares
Insider Transaction (Form 4)
William Spencer Marshall, Co-Founder and CEO and a Director of Planet Labs PBC, sold 200,000 shares of common stock on July 10, 2026 for $25.92 per share.
Summary
- Open-market sale: disposed of 200,000 Class A Common Stock at $25.92 ($5,183,940) on July 10, 2026; holds 2,703,115 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $5,183,940 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
William Spencer Marshall — Director, Officer (Co-Founder and CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-10 | Open-market sale | Class A Common Stock | 200,000 | $26 | $5.2M | 2,703,115 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-10 | Open-market sale (200,000 shares) |
Keywords
insider transaction, Form 4, PL, Planet Labs PBC, bearish, William Spencer Marshall
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