Planet Labs Co-Founder Dumps ~106,000 Shares in $1.8 Million Transaction
The provider of satellite-based data and insights about the Earth reported a notable insider stock disposition.
Overview
Robert H. Schingler, co-founder and Chief Strategy Officer, reported the disposition of ~106,000 shares of Planet Labs PBC (NYSE:PL) on Sept. 15 and Sept. 17, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($16.48); post-transaction value based on September 17, 2026 market close ($16.99).
Details
Planet Labs PBC, based in San Francisco, is a leading provider of Earth observation data and analytics, operating one of the world's largest satellite constellations. The company has demonstrated significant market momentum, with its stock appreciating 66.08% over the past year, reflecting growing demand for accessible geospatial intelligence.
Source
Originally published at www.fool.com.