Form 4: Palantir Technologies Director Alexander D. Moore Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Alexander D. Moore of Palantir Technologies sold shares of Class A Common Stock on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 1, 2025, Alexander D. Moore, a director of Palantir Technologies Inc., sold shares of Class A Common Stock.
- The sales were executed in the open market under a Rule 10b5-1 trading plan established on November 22, 2024.
- A total of 20,000 shares were sold in multiple transactions at prices ranging from $117.26 to $120.10.
- The weighted average sale prices for the transactions were $117.9302, $118.6859, and $119.4857.
- Following the reported transactions, Moore still beneficially owns 1,350,630 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (insider selling under a pre-arranged plan), so the sentiment is neutral.
Industry Context
Insider selling is a common occurrence, and the use of 10b5-1 plans allows insiders to sell shares in a pre-planned manner to avoid accusations of trading on non-public information. The market typically analyzes the size and frequency of such sales to gauge insider sentiment.
Comparison to Industry Standards
- Comparing insider selling activity to peers like C3.ai or Snowflake would provide context, but this document lacks that information.
- Generally, consistent and moderate selling under 10b5-1 plans is viewed as less concerning than large, infrequent sales.
Stakeholder Impact
- The sale of shares by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-11-22 | Date of entry into Rule 10b5-1 trading plan |
| 2025-05-01 | Date of stock sale transactions |
| 2025-04-25 | Date of Issuer's Proxy Statement filed with the SEC |
| 2025-05-05 | Date of Form 4 filing |
Keywords
Form 4, Palantir Technologies, PLTR, Alexander D. Moore, Rule 10b5-1, insider trading, stock sale, Class A Common Stock
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