Form 4: Palantir Director Stat Lauren Elaina Friedman Reports Stock Sales
SEC Form 4 Filing
Director Lauren Elaina Friedman Stat reports sales of Palantir Technologies Inc. Class A Common Stock by spouse under a 10b5-1 trading plan.
Summary
- On September 16, 2024, Lauren Elaina Friedman Stat, a director of Palantir Technologies Inc., reported sales of Class A Common Stock.
- The sales were executed by Stat's spouse in the open market under a pre-arranged Rule 10b5-1 trading plan.
- A total of 6,000 shares were sold in two transactions at weighted average prices of $36.2899 and $36.8214.
- Following the reported transactions, Stat indirectly owns 152,280 shares of Class A Common Stock through their spouse and directly owns 65,989 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of company leadership.
Stakeholder Impact
- The stock sales by a director's spouse could be perceived negatively by some shareholders, although the sales were conducted under a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| August 19, 2023 | Date of entry into Rule 10b5-1 trading plan |
| April 26, 2024 | Date of Issuer's Proxy Statement filed with the SEC |
| September 16, 2024 | Date of stock sale transactions |
| September 18, 2024 | Date of Form 4 filing |
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