Form 4: Palantir Technologies Director Alexander D. Moore Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Director Alexander D. Moore of Palantir Technologies sold shares of Class A Common Stock on April 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 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 adopted on November 22, 2024.
- A total of 20,000 shares were sold in multiple transactions at prices ranging from $82.13 to $85.21.
- Following the reported transactions, Moore still beneficially owns 1,370,630 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock sales by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives and directors to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this.
Key Dates
| Date | Description |
|---|---|
| November 22, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| April 01, 2025 | Date of transaction (stock sale) |
| April 03, 2025 | Date of Form 4 filing |
| April 26, 2024 | Date of Proxy Statement filed with the SEC |
Keywords
Form 4, Palantir Technologies, PLTR, Alexander D. Moore, Rule 10b5-1, insider trading, stock sale, Class A Common Stock
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