Planet Labs Co-Founder Sells 89,593 Shares for $2.3 Million -- Should Investors Take Note?
The stock has surged 295% over the past year, providing a favorable window for structured insider liquidity under a pre-arranged trading plan.
Overview
Robert H. Schingler, Co-Founder and Chief Strategy Officer, sold 89,593 shares of Planet Labs PBC (NYSE:PL) on July 10, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($25.92); post-transaction value based on July 10, 2026, market close ($26.05).
Details
Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform.
Source
Originally published at www.fool.com.
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