Form 4: Palantir CFO Sells Shares for Tax Obligations

Palantir Technologies Inc.'s Chief Financial Officer, David A. Glazer, sold 17,530 shares of Class A Common Stock across two days to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• David A. Glazer, Palantir Technologies Inc.'s Chief Financial Officer and Treasurer, reported sales of Class A Common Stock.
• A total of 17,530 shares were sold over two days: 15,557 shares on November 20, 2025, and 1,973 shares on November 21, 2025.
• These sales were automatic, executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• All transactions were conducted in compliance with Glazer's pre-established Rule 10b5-1 trading plan.
• The sales occurred at weighted average prices ranging from $153.4295 to $173.4115 per share.
• Following these transactions, Glazer's direct beneficial ownership decreased from 430,208 shares to 413,639 shares.

Sentiment

Score: 5

Explanation: The filing reports routine insider sales for tax purposes under a 10b5-1 plan, which is a neutral event. It does not indicate any positive or negative operational news for the company.

Positives

• The sales were pre-planned under a Rule 10b5-1 trading plan, indicating a structured approach to managing equity and reducing concerns about opportunistic insider selling.
• The sales were specifically for tax withholding obligations, which is a common and expected event for executives receiving equity compensation.

Negatives

• A reduction in direct beneficial ownership by a key executive, even for tax purposes, slightly decreases their direct equity alignment with shareholders.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units.
• All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
• This Form 4 has been compiled based on applicable requirements to reflect the specific transactions described herein and is not intended to disclose or describe all shares and/or other equity securities owned or beneficially held by the Reporting Person.

Industry Context

This insider transaction is a routine event for executives receiving equity compensation and does not reflect broader industry trends or competitive positioning. It is a standard mechanism for managing tax liabilities arising from vested equity.

Comparison to Industry Standards

• Not applicable. This filing reports an individual insider transaction for tax purposes, which is a common practice across all industries for executives with equity compensation. There are no comparable company or project results to assess against global benchmarks.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, pre-planned tax-related sales by an executive, not indicative of a change in confidence. The reduction in direct ownership is minor relative to total outstanding shares.
• Employees, Customers, Suppliers, Creditors: No direct impact from this type of filing.

Key Dates

Recommendation

The reported insider sales by Palantir's CFO are routine, pre-scheduled transactions under a Rule 10b5-1 plan to cover tax obligations from vested restricted stock units. Such sales are common and generally do not signal a change in management's outlook or the company's fundamentals. Therefore, this filing alone does not warrant a change in investment recommendation; a 'hold' stance is maintained, pending further operational or financial news.

Keywords

Palantir Technologies, PLTR, SEC Form 4, Insider Trading, David A. Glazer, Stock Sale, Restricted Stock Units, Tax Withholding, Rule 10b5-1 Plan, CFO