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 March 15, 2025, Ashley F. Johnson, President & CFO of Planet Labs PBC, had 66,453 shares of Class A Common Stock withheld by the issuer to cover withholding tax liabilities.
- The price per share for the transaction was $4.16.
- Following the transaction, Johnson beneficially owns 2,229,978 shares, which includes 1,747,644 RSUs vesting quarterly.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment, but the fact that RSUs are vesting is generally a positive sign for the executive.
Industry Context
This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which slightly reduces the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transaction: Shares withheld for tax liability |
| 03/17/2025 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.