Director John W. Raymond of Planet Labs PBC filed a Form 4 on October 14, 2026, reporting the sale of 6,494 shares of Class A Common Stock on October 13, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 6,494 shares of Class A Common Stock disposed of on October 13, 2026.
  • Weighted average price: $15.2284 per share, with individual trades ranging from $15.13 to $15.49.
  • Trading plan: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 22, 2026.
  • Remaining indirect holdings: 30,620 shares of Class A Common Stock held indirectly through the Raymond Family Rev Trust U/A DTD 05/30/2023 following the transaction.
  • Direct holdings following transaction: 6,479 shares of Class A Common Stock held directly.
  • Filer role: John W. Raymond is identified as a Director of Planet Labs PBC (NYSE:PL).

Director Raymond's October 2026 Share Sale Details

According to the filing, John W. Raymond, a Director of Planet Labs PBC (NYSE:PL), disposed of 6,494 shares of Class A Common Stock on October 13, 2026. The transaction was coded "S" (sale) and carried out indirectly through the Raymond Family Rev Trust U/A DTD 05/30/2023. The weighted average sale price reported was $15.2284 per share.

The filing notes that the sales were executed in multiple trades at prices ranging from $15.13 to $15.49, and that the reported price reflects the weighted average. According to the filing, Raymond "undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price."

The transaction was executed pursuant to a Rule 10b5-1 trading plan that Raymond adopted on January 22, 2026, according to the filing's explanation of responses. Following the reported sale, the filing indicates Raymond beneficially owned 30,620 shares indirectly through the trust and 6,479 shares directly. The Form 4 was signed by LeeAnn Linck as attorney-in-fact for John W. Raymond and filed on October 14, 2026.

What Was Disclosed

Planet Labs PBC director John W. Raymond reported the sale of 6,494 Class A Common Stock shares on October 13, 2026, at a weighted average price of $15.2284, executed under a Rule 10b5-1 plan adopted January 22, 2026, leaving him with 30,620 shares indirectly and 6,479 shares directly.