In this paper we study the application of four-mode squeezed states in the cosmological context, studying two weakly coupled scalar fields in the planar patch of the de Sitter space. We construct the four-mode squeezed state formalism and connect this concept with the Hamiltonian of the two coupled inverted harmonic oscillators having a time-dependent effective frequency in the planar patch of the de Sitter space. Further, the corresponding evolution operator for the quantum Euclidean vacuum state has been constructed, which captures its dynamics. Using the Heisenberg picture coupled differential equations describing the time evolution for all squeezing parameters (amplitude, phase and angle) have been obtained, for the weakly coupled two scalar field model. With the help of these evolutions for the coupled system, we simulate the dynamics of the squeezing parameters in terms of conformal time. From our analysis, we observe interesting dynamics, which helps us to explore various underlying physical implications of the weakly coupled two scalar field system in the planar patch of the de Sitter cosmological background.