Form 4: Palantir Technologies Inc. Executive Reports Stock Purchase and Section 16(b) Remittance
SEC Form 4 Filing
Heather A. Planishek, former Chief Accounting Officer of Palantir Technologies Inc., reports a purchase of 10,000 shares of Class A Common Stock and remittance related to Section 16(b) of the Securities Exchange Act.
Summary
- Heather A. Planishek, a former officer of Palantir Technologies Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 8, 2025, Planishek purchased 10,000 shares of Class A Common Stock at a price of $116.14 per share.
- Following the transaction, Planishek directly owns 58,006 shares of Class A Common Stock.
- Planishek also indirectly owns 8,130 shares held as custodian for a minor child.
- Planishek remitted $9,400.66 to Palantir related to matchable sale transactions under Section 16(b) of the Securities Exchange Act of 1934, involving 9,000 shares disposed of on February 11, 2025.
- The filing clarifies that it reflects specific transactions and doesn't encompass all shares owned by the reporting person.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential insider sentiment and activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Reporting person disposed of 9,000 shares which were matchable under Section 16(b). |
| 05/08/2025 | Date of Class A Common Stock purchase. |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Palantir Technologies Inc., PLTR, Beneficial Ownership, Section 16(b), Insider Trading, Heather A. Planishek, Stock Purchase
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.