Planet Labs CFO Ashley Johnson Sells $2.4 Million Worth of Shares
CFO Ashley Johnson of Planet Labs sold approximately 110,000 shares worth $2.4 million on July 23, 2026, as disclosed in an SEC Form 4 filing. The transaction was part of a pre-established Rule 10b5-1 trading plan and does not appear to be based on material non-public information. Johnson retained over one million shares directly held and nearly half a million indirectly after the sale. Despite this insider activity, her ownership remains substantial at 0.51%. Planet Labs has seen strong performance with a 226% return in the past year but reported $373.1 million net loss for its trailing twelve months. The stock was trading near $22.36 per share post-transaction, down from a high of over $51 earlier this year due to concerns around dilution following an equity offering.
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