Form 4: Palantir Director Alexandra W. Schiff Sells Shares Under 10b5-1 Trading Plan

Alexandra W. Schiff, a director at Palantir Technologies Inc., sold shares of Class A Common Stock on March 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 5, 2025, Alexandra W. Schiff, a director of Palantir Technologies Inc., sold Class A Common Stock in multiple open market transactions.
• The sales were executed under a Rule 10b5-1 trading plan established on August 22, 2024.
• A total of 7,276 shares were sold at prices ranging from $83.06 to $90.15 per share.
• The transactions resulted in a decrease in Schiff's direct holdings of Class A Common Stock, with the remaining balance totaling 184,617 shares.
• The reporting person has undertaken 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 standard SEC filing reporting the sale of shares by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions and is a common practice for corporate executives and directors. The use of a 10b5-1 trading plan suggests that the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates