Planet Labs PBC
For the period ended Apr 30, 2025. Filed Jun 4, 2025.
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Apr 30, 2025 · Filed Jun 4, 2025
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Item 5. Other Information
Securities Trading Plans of Directors and Executive Officers
On April 11, 2025, Niccolo de Masi, amember of our board of directors, through Isalea Investments LP (“Isalea”), an entity for which Mr. de Masi serves as managing member, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The plan provides for the sale of up to 3,011,400 shares of Class A common stock held by Isalea. The plan is scheduled to terminate on December 31, 2026, subject to early termination for certain specified events set forth therein.
During our last fiscal quarter, no other director or officer, as defined in Rule 16a-1(f), adopted orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.
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