Form 4: Palantir Technologies Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey Buckley, Chief Accounting Officer of Palantir Technologies Inc., sold shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 20 and 21, 2025, Jeffrey Buckley, Chief Accounting Officer of Palantir Technologies Inc., sold shares of Class A Common Stock.
- The sales were executed in multiple open market transactions.
- The transactions were made to cover required tax withholding obligations in connection with the vesting of restricted stock units.
- The prices for the shares sold ranged from $124.64 to $127.80.
- A total of 1,907 shares were sold on May 20, 2025, and 189 shares were sold on May 21, 2025.
- Following the reported transactions, Buckley directly owns 34,279 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, which is common for executives who receive stock-based compensation. It indicates that the executive is selling shares to cover tax obligations, which is a normal practice.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of earliest transaction: Sale of Class A Common Stock. |
| 05/21/2025 | Sale of Class A Common Stock. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Palantir Technologies Inc., Jeffrey Buckley, Form 4, insider trading, Class A Common Stock, tax withholding, restricted stock units, open market sales
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