Director Kristen Robinson sold 47,835 shares of PL at $26.96; holds 222,897 post-transaction.
Robinson Kristen, a director, sold 47,835 shares at $26.96 for a total of $1,289,631.60, reducing her holdings by 17.7% from 270,732 shares to 222,897 shares. The sale occurred near recent peak valuations: the stock is currently 6.4% below its 52-week high of $28.78, but has risen 32.6% over 30 days and 97.9% over 90 days. Planet Labs PBC remains deeply unprofitable, with a net income of $-59,185,000.00 in the latest full fiscal year, although revenue growth stands at 10.7% year-over-year on a $81.3M quarterly revenue base. The director's reduction of her stake at elevated valuations—following substantial recent appreciation—occurs during a period when the company continues to generate losses despite growing revenue.