Form 4: Palantir Technologies Executive Sells Shares
Insider Transaction (Form 4)
Shyam Sankar, See Remarks of Palantir Technologies Inc., sold 35,000 shares of common stock on August 6, 2026.
Summary
- Conversion of derivative: acquired 35,000 Class A Common Stock on August 6, 2026; holds 677,786 after (Direct).
- Open-market sale: disposed of 2,735 Class A Common Stock at $153.40 ($419,562) on August 6, 2026; holds 675,051 after (Direct).
- Open-market sale: disposed of 6,191 Class A Common Stock at $154.65 ($957,457) on August 6, 2026; holds 668,860 after (Direct).
- Open-market sale: disposed of 16,063 Class A Common Stock at $155.74 ($2,501,658) on August 6, 2026; holds 652,797 after (Direct).
- Open-market sale: disposed of 7,976 Class A Common Stock at $156.78 ($1,250,470) on August 6, 2026; holds 644,821 after (Direct).
- Open-market sale: disposed of 2,035 Class A Common Stock at $157.44 ($320,398) on August 6, 2026; holds 642,786 after (Direct).
- Conversion of derivative: disposed of 35,000 Class B Common Stock on August 6, 2026; holds 3,628,598 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $5,449,544 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Shyam Sankar — Officer (See Remarks)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-06 | Conversion of derivative | Class A Common Stock | 35,000 | — | — | 677,786 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 2,735 | $153 | $419.6K | 675,051 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 6,191 | $155 | $957.5K | 668,860 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 16,063 | $156 | $2.5M | 652,797 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 7,976 | $157 | $1.3M | 644,821 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 2,035 | $157 | $320.4K | 642,786 |
| 2026-08-06 | Conversion of derivative | Class B Common Stock | 35,000 | — | — | 3,628,598 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-06 | Conversion of derivative (35,000 shares) |
| 2026-08-06 | Open-market sale (2,735 shares) |
| 2026-08-06 | Open-market sale (6,191 shares) |
| 2026-08-06 | Open-market sale (16,063 shares) |
| 2026-08-06 | Open-market sale (7,976 shares) |
| 2026-08-06 | Open-market sale (2,035 shares) |
| 2026-08-06 | Conversion of derivative (35,000 shares) |
Keywords
insider transaction, Form 4, PLTR, Palantir Technologies Inc., bearish, Shyam Sankar
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