Alexander Karp targets 2026 Palantir (NASDAQ: PLTR) stock sale
Rhea-AI Filing Summary
Palantir Technologies Inc. (PLTR) is the issuer of common stock that Alexander Karp plans to sell under Rule 144. The notice covers a proposed sale of 402,348 shares of restricted common stock through Morgan Stanley Smith Barney LLC, with a stated aggregate market value of $70,341,535.20 as of the notice. As context, Palantir reports 2,300,713,329 shares of common stock outstanding, with the proposed sale date listed as August 20, 2026 and NASDAQ as the trading market.
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Key Figures
Shares to be sold: 402,348 shares of common stock
Aggregate market value of securities to be sold: $70,341,535.20
Shares outstanding: 2,300,713,329 shares of common stock
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4 metrics
Shares to be sold
402,348 shares of common stock
Proposed Rule 144 sale by Alexander Karp
Aggregate market value of securities to be sold
$70,341,535.20
Value associated with 402,348 Palantir common shares in the notice
Shares outstanding
2,300,713,329 shares of common stock
Palantir common stock outstanding as referenced in the notice
Proposed sale date
08/20/2026
Date listed for the Rule 144 sale
Key Terms
Rule 144, Restricted Stock, Securities To Be Sold, SEC File Number
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/20/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Securities To Be Sold financial
"144: Securities To Be Sold Common | 08/20/2026"
SEC File Number regulatory
"SEC File Number | 001-39540 Address of Issuer"
FAQ
What does the Form 144 filing for PLTR by Alexander Karp disclose?
It discloses Alexander Karp’s intent to sell 402,348 shares of Palantir Technologies Inc. common stock under Rule 144, with an aggregate market value of $70,341,535.20, using Morgan Stanley Smith Barney LLC as broker and NASDAQ as the trading market.
What type of Palantir (PLTR) securities is Alexander Karp planning to sell?
Alexander Karp is planning to sell restricted common stock of Palantir Technologies Inc. The Form 144 identifies the security type as Restricted Stock in the common stock class to be sold on NASDAQ.
What is the proposed sale date in Alexander Karp’s Form 144 for PLTR?
The Form 144 lists a proposed sale date of August 20, 2026 for the Palantir Technologies Inc. common shares that Alexander Karp plans to sell under Rule 144.
Which broker is listed for the planned Palantir (PLTR) Rule 144 sale?
The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York. The firm is named in connection with the proposed Rule 144 sale of Palantir common stock by Alexander Karp.
AI-generated analysis. How Rhea-AI works. Not financial advice.