[144] Palantir Technologies Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Palantir Technologies Inc. (PLTR) reporting a proposed sale of 81,000 common shares through Morgan Stanley Smith Barney LLC on 09/02/2025 with an aggregate market value of $12,693,510 and listing NASDAQ as the exchange. The filing shows the shares were acquired partly by exercise of stock options on 09/02/2025 (37,770 shares, paid in cash) and partly as restricted stock units on 08/20/2024 (43,230 shares). The notice names David Glazer as the selling person and discloses two recent sales by him during the past three months: 8,047 shares sold on 08/21/2025 for $1,253,349.65 and 9,633 shares sold on 08/20/2025 for $1,458,114.69. The filer represents no undisclosed material adverse information and includes the standard Rule 10b5-1 notice language.

Positive

• Detailed acquisition disclosure showing dates, nature (options and RSUs), and payment method for the sold shares
• Use of a national broker (Morgan Stanley Smith Barney LLC) and explicit aggregate market value enhance transparency
• Prior recent sales disclosed for the selling person, improving completeness of the insider transaction record

Negative

• Insider selling of significant value ($12,693,510 proposed sale) which may be perceived negatively by some investors
• Large block sold shortly after option exercise (37,770 shares exercised and included in this sale) which could signal concentrated liquidity needs

Insights

Securities Analyst

TL;DR Insider David Glazer plans to sell 81,000 PLTR shares valued at $12.7M, largely from recent option exercise and prior RSUs.

The filing is a routine Rule 144 notice showing proposed disposition of shares acquired by option exercise and restricted stock units. The use of a major broker and the contemporaneous disclosure of recent sales in August provides transparency on insider liquidity activity. For investors, this is a disclosure of insider selling but does not by itself indicate operational change at the company because the filing documents the disposal mechanics and prior acquisitions rather than company performance metrics.

Corporate Governance Expert

TL;DR The Form 144 documents compliant insider selling with full acquisition and sale history disclosed.

The notice properly identifies acquisition dates, nature of acquisition (stock option exercise and RSUs), payment method, and broker details, which are governance best practices for insider transactions. The presence of recent individual sales in August and the larger proposed sale in September may reflect personal liquidity rather than governance concerns; the filing itself contains no allegation of undisclosed material information and follows Rule 144 disclosure requirements.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	81000	12693510.00	2274261581	09/02/2025	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	09/02/2025	Exercise of Stock Options	Issuer			37770	09/02/2025	Cash
Common	08/20/2024	Restricted Stock Units	Issuer			43230	08/20/2024	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DAVID GLAZER 1200 17th Street, Floor 15 Denver CO 80202	Common	08/21/2025	8047	1253349.65
DAVID GLAZER 1200 17th Street, Floor 15 Denver CO 80202	Common	08/20/2025	9633	1458114.69

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the PLTR Form 144 filed on 09/02/2025 report?

The filing reports a proposed sale of 81,000 common shares of Palantir with an aggregate market value of $12,693,510 through Morgan Stanley Smith Barney LLC on 09/02/2025.

Who is the selling person named in the Form 144 for PLTR?

The notice lists David Glazer as the person for whose account the securities are to be sold.

How were the shares being sold acquired according to the filing?

The shares were acquired via exercise of stock options on 09/02/2025 (37,770 shares, paid in cash) and as restricted stock units on 08/20/2024 (43,230 shares).

Did the Form 144 disclose recent insider sales by the same person?

Yes. It discloses sales of 8,047 shares on 08/21/2025 for $1,253,349.65 and 9,633 shares on 08/20/2025 for $1,458,114.69.

Which broker and exchange are listed for the proposed sale in the PLTR Form 144?

The broker is Morgan Stanley Smith Barney LLC and the exchange listed is NASDAQ.