MARSHALL WILLIAM SPENCER (See Remarks) exercised options at PLANET LABS PBC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/15/2026ACC: 0001836833-26-000008
DirectorOfficer· See Remarks
Since Dec 2021
-120.52K
Net shares
Net seller
$3.05M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
831.85K acquired · 952.37K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+247.79K
Price / share
—
Trade value
—
% of position
8.7%
1/13/2026
2.83M→3.08M
Class A Common Stock
Direct
Shares
−120.52K
Price / share
$25.32
Trade value
$3.05M
% of position
3.9%
1/13/2026
3.08M→2.96M
Total
Net shares
+127.27K
Net value
-$3.05M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 1/13/2026 | M · Option Exercise | +247.79K | — | — | 8.7% | 2.83M | 3.08M |
| Class A Common Stock Direct | 1/13/2026 | F · Tax Withholding | −120.52K | $25.32 | $3.05M | 3.9% | 3.08M | 2.96M |
| Total | +127.27K | -$3.05M | ||||||
Derivative Transactions3
Earnout - Class A Shares
Direct
Converts to
Class A Common Stock
247.79K shares
Shares
−247.79K
Strike price
Held after
247.80K
Exercisable
—
1/13/2026
Earnout - Class B Shares
Direct
Converts to
Class B Common Stock
584.05K shares
Shares
−584.05K
Strike price
Held after
584.05K
Exercisable
—
1/13/2026
Class B Common Stock
Direct
Converts to
Class A Common Stock
584.05K shares
Shares
+584.05K
Strike price
Held after
11.16M
Exercisable
—
1/13/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Earnout - Class A Shares Direct | Class A Common Stock247.79K shares | 1/13/2026 | M · Option Exercise | −247.79K | — | 247.80K | |
| Earnout - Class B Shares Direct | Class B Common Stock584.05K shares | 1/13/2026 | M · Option Exercise | −584.05K | — | 584.05K | |
| Class B Common Stock Direct | Class A Common Stock584.05K shares | 1/13/2026 | M · Option Exercise | +584.05K | — | 11.16M |