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

Palantir's Chief Accounting Officer, Jeffrey Buckley, sold 3,936 shares of Class A Common Stock in February 2026, primarily for tax obligations and under a pre-arranged trading plan.

Summary

• Jeffrey Buckley, Palantir Technologies Inc.'s Chief Accounting Officer, reported the sale of 3,936 shares of Class A Common Stock.
• The transactions occurred on February 20, 2026, and February 24, 2026.
• Sales on February 20, 2026, totaling 2,704 shares, were automatic sales to cover required tax withholding obligations related to the vesting of restricted stock units (RSUs).
• An additional 1,232 shares were sold on February 24, 2026, in the open market.
• All sales were conducted in compliance with a Rule 10b5-1 trading plan, with the plan for the February 24th sale entered into on May 30, 2025.
• The weighted average sale prices ranged from $132.0346 to $135.7252 on February 20, 2026, and $129.08 on February 24, 2026.
• Following these transactions, Jeffrey Buckley beneficially owns 43,108 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sales are routine, pre-planned, and largely administrative, primarily covering tax obligations from RSU vesting, which typically does not reflect a change in management's outlook on the company.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived negatively by some investors, though these sales are largely administrative.

Future Outlook

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

Management Comments

• Sales on February 20, 2026, represent an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units.
• All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 trading plans, particularly those related to tax withholding for RSU vesting, are common practice among corporate executives. These pre-arranged sales are generally considered administrative and do not typically signal a change in management's confidence in the company's long-term prospects, distinguishing them from discretionary sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, pre-planned sales for tax purposes and not indicative of a change in company fundamentals or management's confidence.

Key Dates

Recommendation

The reported insider sales are routine transactions executed under a Rule 10b5-1 trading plan, primarily to cover tax obligations associated with RSU vesting. Such administrative disclosures do not provide new fundamental information about Palantir Technologies Inc. that would warrant a change in investment recommendation. Investors should maintain their current position based on broader company performance and market outlook.

Keywords

Palantir Technologies, PLTR, Jeffrey Buckley, Chief Accounting Officer, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Restricted Stock Units, Tax Withholding