Alexander Karp plans $70M Palantir stock sale

Palantir Technologies Inc. (PLTR) is the issuer of common stock that Alexander Karp plans to sell under Rule 144.

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.

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 +1 more

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Palantir (PLTR) shares are outstanding in this Form 144 notice?

The notice states that Palantir Technologies Inc. has 2,300,713,329 shares of common stock outstanding. This figure is provided as context in the Form 144 alongside the proposed Rule 144 sale by Alexander Karp.

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.

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Accepted by SEC EDGAR 08/20/2026 - 06:51 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001823951
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PALANTIR TECHNOLOGIES INC.
SEC File Number	001-39540
Address of Issuer	19505 Biscayne Boulevard Suite 2350 Aventura FLORIDA 33180
Phone	720-358-3679
Name of Person for Whose Account the Securities are To Be Sold	ALEXANDER KARP
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	402348	70341535.20	2300713329	08/20/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/20/2026	Restricted Stock	Issuer			402348	08/20/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Alexander Karp
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)