Form 4: Palantir CFO Sells Shares for Tax Obligations

Palantir Technologies Inc. CFO David A. Glazer sold 17,438 shares of Class A Common Stock on February 20, 2026, to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• David A. Glazer, Chief Financial Officer and Treasurer of Palantir Technologies Inc. (PLTR), reported sales of Class A Common Stock.
• The transactions occurred on February 20, 2026, and involved a total of 17,438 shares.
• These sales were automatic and conducted to cover required tax withholding obligations associated with the vesting of restricted stock units.
• All sales were executed in compliance with the Reporting Person's Rule 10b5-1 trading plan.
• The shares were sold in multiple open market transactions at weighted average prices ranging from $132.0346 to $135.7252.
• Following these transactions, David A. Glazer directly beneficially owns 392,370 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral event. While it involves an insider selling shares, the explicit reason (tax withholding for RSU vesting) and the existence of a 10b5-1 plan make it a routine, non-discretionary transaction.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating pre-planning and adherence to insider trading regulations, which enhances transparency and corporate governance.

Negatives

• The transactions resulted in a reduction of 17,438 shares of Class A Common Stock directly beneficially owned by a key executive.

Future Outlook

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

Management Comments

• The transactions represent 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.

Industry Context

StockSavvy.ai notes that sales of shares by executives to cover tax obligations upon the vesting of restricted stock units are a common and routine occurrence across the technology industry and are generally not indicative of a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: The reduction in direct beneficial ownership by a key executive is a factual change, though its impact is mitigated by the routine nature of the transaction.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Palantir, PLTR, Form 4, Insider Trading, Stock Sale, CFO, Tax Withholding, RSU Vesting, 10b5-1 Plan