PL - Planet Labs Pbc

Insider Sale by Marshall William Spencer (Co-Founder, CEO)

1 Month
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Trade Summary

3 days ago, Marshall William Spencer, serving as Co-Founder, CEO at Planet Labs Pbc (PL), sold 200,000 shares at $35.07 per share, for a total transaction value of $7,014,520.00. Following this transaction, Marshall William Spencer now holds 3,192,726 shares of PL.

This sale represents a 6.00% decrease in Marshall William Spencer's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, April 6, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, April 8, 2026, 2 days after the trade was made.

Planet Labs Pbc operates in the INDUSTRIALS sector, specifically within the AEROSPACE & DEFENSE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Marshall William Spencer

Co-Founder, CEO

William Spencer Marshall is a Co-Founder, CEO, and Chairman of the Board of Planet Labs PBC (PL), a San Francisco-based company founded in 2010 that specializes in Earth observation through satellite imagery, serving sectors like agriculture, energy, forestry, finance, insurance, and government agencies.[[1]](https://www.gurufocus.com/insider/183020/william-spencer-marshall)[[2]](https://www.investing.com/equities/planet-labs-pbc-company-profile) A scientist-turned-entrepreneur, Marshall has led the company since its inception, overseeing its operations from its headquarters at 645 Harrison Street, San Francisco, CA.[[2]](https://www.investing.com/equities/planet-labs-pbc-company-profile)[[4]](https://www.insidertrades.com/planet-labs-pbc-stock/mr-william-spencer-marshall/) Marshall, aged approximately 45 as of recent reports, owns significant shares in Planet Labs PBC, with holdings valued between $5-82 million depending on stock price fluctuations and reporting dates, including a notable purchase of 100,000 shares on September 19, 2023.[[1]](https://www.gurufocus.com/insider/183020/william-spencer-marshall)[[4]](https://www.insidertrades.com/planet-labs-pbc-stock/mr-william-spencer-marshall/)[[6]](https://www.benzinga.com/sec/insider-trades/0001898468/william-spencer-marshall) His compensation in 2024 included a $500,000 salary and over $5.7 million in stock awards, totaling around $6.25 million.[[1]](https://www.gurufocus.com/insider/183020/william-spencer-marshall) Recent SEC filings note a disposal of common shares on December 30, 2025, amid his ongoing insider activities as director and executive.[[1]](https://www.gurufocus.com/insider/183020/william-spencer-marshall)[[3]](https://longbridge.com/en/news/271138289)

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Trade Price

$35.07

Quantity

200,000

Total Value

$7,014,520.00

Shares Owned

3,192,726

Trade Date

Monday, April 6, 2026

3 days ago

SEC Filing Date

Wednesday, April 8, 2026

Filed 2 days after trade

INDUSTRIALSAEROSPACE & DEFENSE

About Planet Labs Pbc

Company Overview

No company information available
View news mentioning PL

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