CFO Johnson Ashley F. sold 200,000 shares (200.0K shares) for $7,020,218.58 ($7.0M) at Planet Labs across 2 transactions on 2026-04-02.
Johnson Ashley F., President & CFO of Planet Labs PBC, executed two separate sales totaling 200,000 shares for $7,020,218.58, reducing his holdings from 725.7K to 525.7K shares (-27.6%). The sales occurred at $34.76 and $35.22 per share, near the stock's current price of $35.02 and well above the 52-week low of $2.96, reflecting a recent 30-day rally of +38.5% and 90-day surge of +60.4%. The timing of this substantial divestiture—reducing stakes by more than one-quarter—follows the insider's prior two sales at this ticker on 2026-01-21, both of which showed negative 30-day returns (-11.6% and -11.5%). Planet Labs remains unprofitable (net income: $-59,185,000.00 for the latest quarter) despite 25.9% annual revenue growth, creating a disconnect between near-term stock momentum and underlying business fundamentals that warrants investor attention to the reasons behind this significant stake reduction.