Form 4: Palantir Technologies Sells Shares of Rubicon Technologies

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.
• 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.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales. It doesn't inherently convey positive or negative sentiment, but the fact that a major shareholder is selling shares could be interpreted neutrally to slightly negatively.

Industry Context

This Form 4 filing indicates a change in beneficial ownership of Rubicon Technologies stock by Palantir Technologies, which is a common occurrence as investment firms adjust their holdings. It's important to monitor such filings to understand the investment strategies of major shareholders.

Stakeholder Impact

• The sale of shares by Palantir Technologies may have a minor impact on Rubicon Technologies' stock price.

Key Dates

Keywords

Rubicon Technologies, Palantir Technologies, share sales, Form 4, beneficial ownership, stock transaction