William Spencer Marshall Exercises Options at Planet Labs PBC (PL) — SEC Form 4, Jan 15, 2026

SEC Form 4 · No Market Transaction
Option Exercise

Derivative exercise — no open market transaction.

Reporting Owner
William Spencer Marshall
CEO
TXN 2026-01-13 · FILED 2026-01-15
Equity Position 3.08M sh 2,955,012 → 3,082,284
Equity Change +4.3% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership

Planet Labs PBC

PL CIK 0001836833
All Planet Labs PBC insider activity
Filing Date
2026-01-15
Report Date
2026-01-15
Accession No.
0001836833-26-000008
Accepted At
2026-01-15 23:19 UTC
Reporting Owner
Name Relationship
William Spencer Marshall CIK 0001898468
Director CEO
William Spencer Marshall at Planet Labs PBC Full insider history
Bought (12 mo) —
Sold (12 mo) $16,070,300
More from this insider at Planet Labs PBC
2026-09-18 Gift/Other — View
2026-09-18 - — View
2026-07-14 Sell -$5,183,940 View
2026-06-17 - — View
2026-04-24 Gift/Other — View
All filings by this insider at Planet Labs PBC
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common Stock 2026-01-13 M - Exercise 247,794 A $0.00 — 3,082,284 Direct
Class A Common StockF1 2026-01-13 F - Tax Payment 120,522 D $25.32 -$3,051,617 2,961,762 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Earnout - Class A SharesF2F2F2 2026-01-13 M - Exercise 247,794 D $0.00 247,794 Class A Common Stock Direct
Earnout - Class B SharesF2F2F2 2026-01-13 M - Exercise 584,052 D $0.00 584,052 Class B Common Stock Direct
Class B Common StockF3F3F3 2026-01-13 M - Exercise 584,052 A $0.00 584,052 Class A Common Stock Direct
Footnotes (3)
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. Show more
F2
Represents the issuance of earnout shares as a result of the achievement of the $15.00 and $17.00 stock price thresholds. The remaining earnout shares will vest in two substantially equal installments if the closing price of the Class A Common Stock equals or exceeds $19.00 and $21.00 over any 20 trading days within any 30 day trading period prior to December 7, 2026, or if the Issuer consummates a change of control transaction prior to December 7, 2026 that entitles its stockholders to receive a per share consideration of at least $19.00 and $21.00. Show more
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. Show more

Related filings at Planet Labs PBC

Institutional Holders
13F holders · Jun 30, 2026 484 institutional managers reporting a position
Largest by reported value
  1. Alphabet Inc. $1.17B
  2. Black Rock, Inc. $612M
  3. American Century Companies Inc $477M
5%+ Holders · 13D/G 1 filer

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at Planet Labs PBC
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