Planet Labs PBC Files 8-K: Director Changes & Officer Compensation
Ticker: PL-WT · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1836833
| Field | Detail |
|---|---|
| Company | Planet Labs Pbc (PL-WT) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-compensation, director-changes
TL;DR
Planet Labs PBC 8-K: Board shakeup and exec pay changes filed.
AI Summary
Planet Labs PBC filed an 8-K on January 16, 2025, reporting on events as of January 10, 2025. The filing covers the departure of directors, election of new directors, appointment of officers, and updates to compensatory arrangements. It also includes information on matters submitted to a vote of security holders and Regulation FD disclosures.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with updates to compensation, can indicate internal shifts that may affect company direction and stability.
Key Players & Entities
- Planet Labs PBC (company) — Registrant
- dMY Technology Group, Inc. IV (company) — Former Company Name
FAQ
What specific items were reported in the 8-K filing by Planet Labs PBC?
The 8-K filing reported on the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as submission of matters to a vote of security holders and Regulation FD disclosures.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 10, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 16, 2025.
What was Planet Labs PBC's former company name?
Planet Labs PBC's former company name was dMY Technology Group, Inc. IV.
In which state was Planet Labs PBC incorporated?
Planet Labs PBC was incorporated in Delaware.
Filing Stats: 1,009 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2025-01-16 16:13:13
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share PL New York Stock
- $11.50 — mon stock, each at an exercise price of $11.50 per share PLWS New York Stock Exchang
Filing Documents
- pl-20250110.htm (8-K) — 32KB
- exhibit991electionofdirect.htm (EX-99.1) — 10KB
- 0001836833-25-000009.txt ( ) — 210KB
- pl-20250110.xsd (EX-101.SCH) — 2KB
- pl-20250110_def.xml (EX-101.DEF) — 16KB
- pl-20250110_lab.xml (EX-101.LAB) — 27KB
- pl-20250110_pre.xml (EX-101.PRE) — 16KB
- pl-20250110_htm.xml (XML) — 4KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The information set forth in Item 5.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.07.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 16, 2025, the Company issued a press release announcing the election of Gen. Raymond. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. The information furnished in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release of Planet Labs PBC dated January 16, 2025 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Planet Labs PBC Date: January 16, 2025 By: /s/ Ashley Johnson Ashley Johnson President and Chief Financial Officer