Form 4: Planet Labs PBC Executive Ashley F. Johnson Reports Stock Transaction
SEC Form 4 Filing
Ashley F. Johnson, President & CFO of Planet Labs PBC, reports the withholding of shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- On September 15, 2024, Ashley F. Johnson, President & CFO of Planet Labs PBC, reported a transaction involving Class A Common Stock.
- A total of 65,194 shares were withheld by the issuer to cover the withholding tax liability incurred upon the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $2.15.
- Following the transaction, Johnson beneficially owns 1,850,473 shares, which includes 1,483,997 RSUs vesting quarterly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of the reported transaction (stock withholding for tax liability). |
| 09/17/2024 | Date of signature for the Form 4 filing. |
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