Form 4: Palantir Technologies Director Alexander D. Moore Sells Shares Under 10b5-1 Plan

Sentiment:

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

DateDescription
2024-11-22Date of entry into Rule 10b5-1 trading plan
2025-05-01Date of stock sale transactions
2025-04-25Date of Issuer's Proxy Statement filed with the SEC
2025-05-05Date 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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