Form 4: Palantir Director Alexandra Schiff Receives Annual Equity Grant
Insider Transaction Report
Palantir Technologies Inc. Director Alexandra W. Schiff was granted 2,348 restricted stock units as part of her annual compensation for board service, increasing her beneficial ownership to 186,965 shares.
Summary
- Alexandra W. Schiff, a Director of Palantir Technologies Inc. (PLTR), acquired 2,348 shares of Class A Common Stock on June 6, 2025.
- The acquisition was in the form of Restricted Stock Units (RSUs), granted at a price of $0 per unit.
- These RSUs represent a contingent right to receive one share of Class A Common Stock, subject to a time-based vesting schedule and continued service as a director.
- The grant was an annual award for service on the Issuer's board of directors, consistent with Palantir's outside director compensation policy.
- Following this transaction, Ms. Schiff's beneficial ownership of Palantir's securities stands at 186,965 shares.
Sentiment
Score: 7
Explanation: The transaction represents a routine grant of equity compensation to a director, aligning their interests with shareholders and reflecting standard corporate governance practices, which is generally viewed as a neutral to slightly positive event.
Positives
- The grant of Restricted Stock Units (RSUs) to a director aligns their financial interests with those of the company's shareholders, promoting long-term value creation.
- The transaction is part of a pre-established outside director compensation policy, indicating a structured and transparent approach to executive and board remuneration.
Future Outlook
The acquired Restricted Stock Units (RSUs) are subject to an applicable time-based vesting schedule and conditions, contingent on the Reporting Person continuing as a service provider through the vesting date.
Industry Context
The practice of granting Restricted Stock Units (RSUs) as a component of director compensation is a common and widely accepted method across various industries for publicly traded companies, aiming to align the interests of board members with long-term shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Adherence to Policy | The RSU grant was made in accordance with the Issuer's established outside director compensation policy, demonstrating adherence to existing corporate governance frameworks. | 06/06/2025 | Reinforces transparency and consistency in director compensation practices, aligning director incentives with long-term company performance. |
Related Party Transactions
- The grant of Restricted Stock Units (RSUs) to Alexandra W. Schiff, a director of Palantir Technologies Inc., constitutes a related party transaction, as it involves compensation from the company to a member of its board of directors. This is a standard form of compensation for board service.
Stakeholder Impact
- Shareholders: The equity grant aligns the director's financial interests with those of shareholders, potentially encouraging decisions that enhance long-term shareholder value.
- Employees: No direct impact on general employees is indicated by this specific filing.
Next Steps
- The Restricted Stock Units (RSUs) will vest according to their time-based schedule, provided the Reporting Person continues as a service provider through the applicable vesting dates.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of Issuer's Proxy Statement filing, referenced for additional details on reporting person's overall stock and equity holdings. |
| 06/06/2025 | Date of the RSU grant transaction to Alexandra W. Schiff. |
| 06/10/2025 | Date the Form 4 was signed by Justin V. Laubach under power of attorney. |
Keywords
Palantir, PLTR, Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Beneficial Ownership
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