Form 4: Palantir Director Sells Shares Under 10b5-1 Plan

Palantir Technologies Director Alexander D. Moore sold 20,011 shares of Class A Common Stock on January 2, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Alexander D. Moore, a Director of Palantir Technologies Inc. (PLTR), reported the sale of Class A Common Stock.
• The transactions occurred on January 2, 2026.
• A total of 20,011 shares of Class A Common Stock were sold in multiple open market transactions.
• The sales were executed at weighted average prices ranging from $167.2982 to $181.0421 per share.
• These sales were conducted pursuant to a Rule 10b5-1 trading plan, which was entered into on November 22, 2024.
• Following these transactions, Alexander D. Moore beneficially owns 1,192,978 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event for personal financial management rather than a reaction to new company-specific news, thus having a neutral impact on sentiment.

Positives

• The sales were executed under a pre-arranged Rule 10b5-1 trading plan, indicating a planned liquidity event rather than a reaction to new, adverse company information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived by the market as a reduction in insider conviction or ownership alignment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on November 22, 2024.

Industry Context

This filing is specific to an insider transaction at Palantir Technologies Inc. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may interpret insider selling, even if pre-planned, with minor caution, though the 10b5-1 plan mitigates concerns about immediate negative implications.

Key Dates

Recommendation

The filing reports a pre-scheduled sale of shares by a director under a Rule 10b5-1 plan. Such transactions are typically for personal financial planning and do not necessarily reflect a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing.

Keywords

Palantir, PLTR, insider trading, stock sale, director, 10b5-1 plan, beneficial ownership