Form 4: Palantir Director Gifts 7,000 Shares of Class A Stock
Insider Transaction Report
Palantir Technologies Inc. Director Lauren Elaina Friedman reported gifting 7,000 shares of Class A Common Stock on February 26, 2026.
Summary
- Lauren Elaina Friedman, a Director of Palantir Technologies Inc. (PLTR), reported a disposition of 7,000 shares of Class A Common Stock.
- The transaction occurred on February 26, 2026, and was classified as a gift (Transaction Code 'G') with a price of $0 per share.
- Following this transaction, Ms. Friedman directly beneficially owns 58,287 shares of Class A Common Stock.
- Ms. Friedman also indirectly beneficially owns 43,794 shares through her spouse and 7,335 shares through her spouse's child's 2025 gift trust, for which she serves as trustee.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. A gift of shares by a director is a common estate planning or philanthropic activity and does not typically reflect a change in the company's operational performance or outlook.
Future Outlook
This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
StockSavvy.ai notes that insider transactions, such as gifts, are routine disclosures for public company directors and executives. While this specific transaction is a disposition, it is a gift and not a sale, which typically carries different implications for market sentiment. The volume of shares is relatively small compared to Palantir's overall market capitalization and trading volume, suggesting minimal broader market impact.
Related Party Transactions
- Reporting Person has indirect beneficial ownership of 43,794 shares of Class A Common Stock through their spouse.
- Reporting Person has indirect beneficial ownership of 7,335 shares of Class A Common Stock through their spouse's child's 2025 gift trust, for which the Reporting Person serves as trustee.
Stakeholder Impact
- Shareholders: Minimal direct impact on share price or company operations due to the nature and size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of Issuer's Proxy Statement referenced for additional details on Reporting Person's overall stock and equity holdings. |
| 02/26/2026 | Date of the reported transaction (disposition of shares by gift). |
| 03/02/2026 | Date the Form 4 was signed. |
Keywords
Palantir Technologies, PLTR, Insider Transaction, Form 4, Beneficial Ownership, Stock Gift, Director Stock
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