Form 4: Palantir CFO David Glazer Sells Shares to Cover Tax Obligations

Palantir Technologies' CFO, David Glazer, sold shares of Class A Common Stock on May 20 and 21, 2025, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• David Glazer, CFO of Palantir Technologies Inc., reported the sale of Class A Common Stock on May 20 and 21, 2025.
• The sales were executed in multiple open market transactions to cover required tax withholding obligations in connection with the vesting of restricted stock units.
• On May 20, 2025, Glazer sold 4,153 shares at a weighted average price of $125.4634, 15,450 shares at $126.2403, 11,126 shares at $126.9438, and 83 shares at $127.7063.
• On May 21, 2025, Glazer sold 1,235 shares at a weighted average price of $125.2605, 1,579 shares at $126.1762, and 604 shares at $126.8537.
• Following these transactions, Glazer directly owns 492,079 shares of Class A Common Stock.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales by an executive to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The Form 4 filing provides transparency into these transactions.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small volume of shares sold compared to the company's overall market capitalization.

Key Dates

Keywords

Form 4, Palantir Technologies, PLTR, David Glazer, CFO, Stock Sale, Tax Withholding, Restricted Stock Units, Open Market Sales