Form 4: Palantir Technologies Inc.: Director Alexandra W. Schiff Sells Class A Common Stock

Alexandra W. Schiff, a director at Palantir Technologies Inc., executed multiple sales of Class A Common Stock on February 4, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 4, 2025, Alexandra W. Schiff, a director of Palantir Technologies Inc., sold Class A Common Stock in multiple open market transactions.
• The sales were executed under a Rule 10b5-1 trading plan established on August 22, 2024.
• A total of 4,000 shares were sold at prices ranging from $101.25 to $106.32.
• The weighted average sale prices for the transactions ranged from $101.622 to $106.0567.
• Following the reported transactions, Schiff directly owns 191,393 shares of Class A Common Stock.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate sale price upon request.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives and directors. The use of a 10b5-1 trading plan suggests that the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sales could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider information.

Key Dates

Keywords

Form 4, Palantir Technologies Inc., PLTR, Alexandra W. Schiff, Class A Common Stock, Rule 10b5-1, Director, Insider Trading