Form 4: Palantir Technologies Sells Shares of Rubicon Technologies
SEC Form 4 Filing
Palantir Technologies sold shares of Rubicon Technologies on August 13 and 14, 2024, at prices ranging from $0.0555 to $0.059 per share.
Summary
- Palantir Technologies Inc. sold 57,714 shares of Rubicon Technologies Class A Common Stock on August 13, 2024, at a weighted average price of $0.0566.
- The sales occurred in multiple open market transactions with prices ranging from $0.0555 to $0.0578.
- Following this transaction, Palantir Technologies beneficially owns 9,809,040 shares of Rubicon Technologies Class A Common Stock.
- On August 14, 2024, Palantir Technologies sold an additional 41,930 shares at a weighted average price of $0.0572, with prices ranging from $0.056 to $0.059.
- After this second transaction, Palantir Technologies beneficially owns 9,767,110 shares of Rubicon Technologies Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of share sales; the impact depends on the investor's perspective and the overall context of the investment.
Industry Context
This Form 4 filing indicates a change in Palantir Technologies' holdings in Rubicon Technologies, which is relevant to investors tracking ownership changes and potential market impacts.
Stakeholder Impact
- Shareholders of Rubicon Technologies may react to the news of Palantir Technologies selling shares.
- The market may interpret the sales as a change in Palantir's investment strategy regarding Rubicon Technologies.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Palantir Technologies sold 57,714 shares of Rubicon Technologies Class A Common Stock. |
| 08/14/2024 | Palantir Technologies sold 41,930 shares of Rubicon Technologies Class A Common Stock. |
| 08/15/2024 | Form 4 filing date. |
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.