The selling is small relative to market cap and likely routine diversification. No immediate action warranted. Monitor for any material news or further insider selling.
Price Chart
Executive Summary
Two Planet Labs insiders — CEO William Marshall and CSO Robert Schingler — sold a combined $5.83M in open-market shares on July 10, 2026. The sales represent ~0.06% of the company's $9.3B market cap, a trivial amount that is likely routine diversification. Director grants (non-cash) also occurred on July 9. The selling is not material relative to company size and does not warrant a bearish read.
Key Financial Metrics
Key Facts
- CEO William Marshall sold 200,000 shares at $25.92 for $5.18M on July 10, 2026.
- CSO Robert Schingler sold 25,000 shares at $25.92 for $648K on July 10, 2026.
- Total open-market sales: $5.83M, representing ~0.06% of PL's $9.3B market cap.
- Multiple directors received non-cash stock grants on July 9, 2026, with no economic value.
Financial Impact
CEO sold $5.18M, CSO sold $648K, total $5.83M (0.06% of market cap).
Risk Factors
- Potential for additional insider selling if this is part of a larger plan.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PL-1783988699713 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | 8-K | $18.12 $17.81 | ▼ −1.71% | ▼ −1.16% | $17.34 (−4.28%) |
Jul 16, 2026 11w ago | Insider Cluster | $22.09 $22.47 | ▲ +1.72% | ▲ +2.71% | $17.34 (−21.48%) |
Jul 14, 2026 11w ago | Insider Cluster | $25.56 $24.90 | ▼ −2.58% | ▼ −2.98% | $17.34 (−32.14%) |
Jul 14, 2026 11w ago | Insider Cluster | $25.56 $24.90 | ▼ −2.58% | ▼ −2.98% | $17.34 (−32.14%) |
Jun 11, 2026 16w ago | Institutional Cluster | $34.17 $31.15 | ▼ −8.84% | ▼ −9.38% | $17.34 (−49.24%) |
Jun 5, 2026 17w ago | 8-K | $32.22 $32.74 | ▼ −1.61% | ▼ −1.39% | $17.34 (+46.17%) |
Jun 5, 2026 17w ago | 424B5 | $32.22 $32.74 | ▼ −1.61% | ▼ −1.39% | $17.34 (+46.17%) |
Jun 5, 2026 17w ago | S-3ASR | $32.22 $32.74 | ▲ +1.61% | ▲ +1.39% | $17.34 (−46.17%) |
Jun 5, 2026 17w ago | 10-K/A | $32.22 $32.74 | ▲ +1.61% | ▲ +1.39% | $17.34 (−46.17%) |
Jun 4, 2026 17w ago | 8-K | $32.22 $32.74 | ▲ +1.61% | ▲ +1.39% | $17.34 (−46.17%) |
US Market Status
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