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: 1/23/2026ACC: 0001836833-26-000017
DirectorOfficer· See Remarks
Since Dec 2021
-63.04K
Net shares
Net seller
$1.66M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
415.92K acquired · 478.96K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+123.90K
Price / share
—
Trade value
—
% of position
4.2%
1/21/2026
2.96M→3.09M
Class A Common Stock
Direct
Shares
−63.04K
Price / share
$26.38
Trade value
$1.66M
% of position
2.0%
1/21/2026
3.09M→3.02M
Total
Net shares
+60.86K
Net value
-$1.66M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 1/21/2026 | M · Option Exercise | +123.90K | — | — | 4.2% | 2.96M | 3.09M |
| Class A Common Stock Direct | 1/21/2026 | F · Tax Withholding | −63.04K | $26.38 | $1.66M | 2.0% | 3.09M | 3.02M |
| Total | +60.86K | -$1.66M | ||||||
Derivative Transactions3
Earnout - Class A Shares
Direct
Converts to
Class A Common Stock
123.90K shares
Shares
−123.90K
Strike price
Held after
123.90K
Exercisable
—
1/21/2026
Earnout - Class B Shares
Direct
Converts to
Class B Common Stock
292.03K shares
Shares
−292.03K
Strike price
Held after
292.03K
Exercisable
—
1/21/2026
Class B Common Stock
Direct
Converts to
Class A Common Stock
292.03K shares
Shares
+292.03K
Strike price
Held after
11.45M
Exercisable
—
1/21/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Earnout - Class A Shares Direct | Class A Common Stock123.90K shares | 1/21/2026 | M · Option Exercise | −123.90K | — | 123.90K | |
| Earnout - Class B Shares Direct | Class B Common Stock292.03K shares | 1/21/2026 | M · Option Exercise | −292.03K | — | 292.03K | |
| Class B Common Stock Direct | Class A Common Stock292.03K shares | 1/21/2026 | M · Option Exercise | +292.03K | — | 11.45M |