Form 4: Palantir Director Alexander Moore Sells Shares
Statement of Changes in Beneficial Ownership
Director Alexander D. Moore sold 16,000 shares of Palantir Technologies Inc. Class A Common Stock on May 15, 2026, pursuant to a Rule 10b5-1 trading plan.
Summary
- Director Alexander D. Moore executed the sale of 16,000 shares of Class A Common Stock on May 15, 2026.
- The sales were conducted in multiple tranches at weighted average prices ranging from $133.05 to $135.46 per share.
- The transactions were executed under a pre-established Rule 10b5-1 trading plan adopted on December 11, 2025.
- Following these transactions, the reporting person retains beneficial ownership of 1,124,978 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-arranged 10b5-1 plan and represents a small fraction of the director's total holdings.
Positives
- The sales were executed via a pre-planned Rule 10b5-1 program, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.
Negatives
- The transaction represents a reduction in the direct equity stake held by a member of the Board of Directors.
Risks
- Continued insider selling may be perceived by some market participants as a signal regarding the valuation of the company's equity.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine corporate governance practice among technology executives and directors, typically intended to provide liquidity rather than reflecting a change in sentiment regarding company performance.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for corporate insiders to manage equity holdings while maintaining compliance with SEC regulations.
- The scale of the sale (16,000 shares) is relatively minor compared to the director's total holdings of over 1.1 million shares.
Stakeholder Impact
- Minimal impact expected as the transaction was pre-planned and represents a small portion of the director's total equity position.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-12-11 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-04-24 | Date of the Issuer's Proxy Statement regarding beneficial ownership. |
| 2026-05-15 | Date of the reported stock transactions. |
| 2026-05-19 | Date the Form 4 was signed and filed. |
Keywords
Palantir, PLTR, Insider Trading, Form 4, Alexander Moore, Stock Sale
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