Form 4: Palantir Technologies Executive Sells Shares
Insider Transaction (Form 4)
Alexander C. Karp, See Remarks and a Director of Palantir Technologies Inc., sold 492,348 shares of common stock on August 20, 2026.
Summary
- Conversion of derivative: acquired 402,348 Class A Common Stock on August 20, 2026; holds 6,834,606 after (Direct).
- Open-market sale: disposed of 11,378 Class A Common Stock at $172.65 ($1,964,459) on August 20, 2026; holds 6,823,228 after (Direct).
- Open-market sale: disposed of 19,493 Class A Common Stock at $173.79 ($3,387,618) on August 20, 2026; holds 6,803,735 after (Direct).
- Open-market sale: disposed of 306,544 Class A Common Stock at $174.85 ($53,597,839) on August 20, 2026; holds 6,497,191 after (Direct).
- Open-market sale: disposed of 63,629 Class A Common Stock at $175.42 ($11,161,704) on August 20, 2026; holds 6,433,562 after (Direct).
- Open-market sale: disposed of 1,304 Class A Common Stock at $176.31 ($229,913) on August 20, 2026; holds 6,432,258 after (Direct).
- Conversion of derivative: acquired 90,000 Class A Common Stock on August 20, 2026; holds 6,522,258 after (Direct).
- Open-market sale: disposed of 4,200 Class A Common Stock at $172.66 ($725,171) on August 20, 2026; holds 6,518,058 after (Direct).
- Open-market sale: disposed of 11,602 Class A Common Stock at $173.84 ($2,016,950) on August 20, 2026; holds 6,506,456 after (Direct).
- Open-market sale: disposed of 62,498 Class A Common Stock at $174.73 ($10,920,269) on August 20, 2026; holds 6,443,958 after (Direct).
- Open-market sale: disposed of 11,200 Class A Common Stock at $175.48 ($1,965,400) on August 20, 2026; holds 6,432,758 after (Direct).
- Open-market sale: disposed of 500 Class A Common Stock at $176.30 ($88,151) on August 20, 2026; holds 6,432,258 after (Direct).
- Option exercise/conversion: disposed of 877,500 Restricted Stock Units on August 20, 2026; holds 16,672,500 after (Direct).
- Option exercise/conversion: acquired 877,500 Class B Common Stock on August 20, 2026; holds 52,887,749 after (Direct).
- Option exercise/conversion: disposed of 97,500 Restricted Stock Units on August 20, 2026; holds 1,852,500 after (Direct).
- Option exercise/conversion: acquired 97,500 Class B Common Stock on August 20, 2026; holds 52,985,249 after (Direct).
- Conversion of derivative: disposed of 402,348 Class B Common Stock on August 20, 2026; holds 52,582,901 after (Direct).
- Conversion of derivative: disposed of 90,000 Class B Common Stock on August 20, 2026; holds 52,492,901 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $86,057,473 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Alexander C. Karp — Director, Officer (See Remarks)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-20 | Conversion of derivative | Class A Common Stock | 402,348 | — | — | 6,834,606 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 11,378 | $173 | $2.0M | 6,823,228 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 19,493 | $174 | $3.4M | 6,803,735 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 306,544 | $175 | $53.6M | 6,497,191 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 63,629 | $175 | $11.2M | 6,433,562 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 1,304 | $176 | $229.9K | 6,432,258 |
| 2026-08-20 | Conversion of derivative | Class A Common Stock | 90,000 | — | — | 6,522,258 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 4,200 | $173 | $725.2K | 6,518,058 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 11,602 | $174 | $2.0M | 6,506,456 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 62,498 | $175 | $10.9M | 6,443,958 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 11,200 | $175 | $2.0M | 6,432,758 |
| 2026-08-20 | Open-market sale | Class A Common Stock | 500 | $176 | $88.2K | 6,432,258 |
| 2026-08-20 | Option exercise/conversion | Restricted Stock Units | 877,500 | — | — | 16,672,500 |
| 2026-08-20 | Option exercise/conversion | Class B Common Stock | 877,500 | — | — | 52,887,749 |
| 2026-08-20 | Option exercise/conversion | Restricted Stock Units | 97,500 | — | — | 1,852,500 |
| 2026-08-20 | Option exercise/conversion | Class B Common Stock | 97,500 | — | — | 52,985,249 |
| 2026-08-20 | Conversion of derivative | Class B Common Stock | 402,348 | — | — | 52,582,901 |
| 2026-08-20 | Conversion of derivative | Class B Common Stock | 90,000 | — | — | 52,492,901 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-20 | Conversion of derivative (402,348 shares) |
| 2026-08-20 | Open-market sale (11,378 shares) |
| 2026-08-20 | Open-market sale (19,493 shares) |
| 2026-08-20 | Open-market sale (306,544 shares) |
| 2026-08-20 | Open-market sale (63,629 shares) |
| 2026-08-20 | Open-market sale (1,304 shares) |
| 2026-08-20 | Conversion of derivative (90,000 shares) |
| 2026-08-20 | Open-market sale (4,200 shares) |
| 2026-08-20 | Open-market sale (11,602 shares) |
| 2026-08-20 | Open-market sale (62,498 shares) |
| 2026-08-20 | Open-market sale (11,200 shares) |
| 2026-08-20 | Open-market sale (500 shares) |
| 2026-08-20 | Option exercise/conversion (877,500 shares) |
| 2026-08-20 | Option exercise/conversion (877,500 shares) |
| 2026-08-20 | Option exercise/conversion (97,500 shares) |
| 2026-08-20 | Option exercise/conversion (97,500 shares) |
| 2026-08-20 | Conversion of derivative (402,348 shares) |
| 2026-08-20 | Conversion of derivative (90,000 shares) |
Keywords
insider transaction, Form 4, PLTR, Palantir Technologies Inc., bearish, Alexander C. Karp
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.