---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-24-000051"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:58:15.277142+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# President Kevin Weil resigns effective May 6, 2024; enters advisory agreement with modified equity vesting

## Summary
- Weil will provide advisory services for one year post-resignation under an Advisory Agreement.
- Unvested equity tranches adjusted: 25% continue vesting (Continuing Awards), 75% forfeited.
- Continuing Awards accelerate fully if terminated without cause or for good reason during change-in-control period.
- Weil also joined Planet Labs Federal board; receives $100K RSU award vesting quarterly over one year.
- Advisory term may be extended by mutual agreement; company-paid health coverage for up to six months.

## SEC filing metadata
- accession: 0001836833-24-000051
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000051/0001836833-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000051/pl-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-24-000051
- JSON: https://secwatch.observer/filing/0001836833-24-000051.json
- Plain text: https://secwatch.observer/filing/0001836833-24-000051.txt

## Key facts
- Executive change
  Kevin Weil resigned as President, Product & Business at Planet Labs PBC.
  - Action: resigned
  - Role: President, Product & Business
  source text: As previously disclosed in a Current Report on Form 8-K filed by Planet Labs PBC (the “ Company ”) on March 28, 2024, on March 25, 2024, Kevin Weil, the Company’s President, Product & Business, informed the Company of his intention to resign from his role, effective May 6, 2024 (the “ Transition Date ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000051/0001836833-24-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.