Palantir (NYSE: PLTR) files Form 144 to sell 403,025 restricted shares
Rhea-AI Filing Summary
Palantir Technologies reported a proposed sale of 403,025 common shares by an affiliate via a Form 144 dated 02/20/2026. The filing lists the securities as restricted stock to be sold through Morgan Stanley Smith Barney LLC on 02/20/2026. The filing also shows a prior sale of 45,564 common shares by Alexander Karp on 11/21/2025 for $7,119,435.74.
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Insights
Form 144 notifies a planned sale of restricted shares by an affiliate; prior small sale by Alexander Karp is disclosed.
What the filing shows: The notice lists 403,025 restricted common shares proposed for sale through Morgan Stanley Smith Barney LLC on 02/20/2026. The instrument is labeled as restricted stock, indicating affiliate status and transfer limits typical of such notices.
Context and considerations: The filing records a prior sale of 45,564 shares on 11/21/2025 by Alexander Karp for $7,119,435.74. The filing provides transaction dates and amounts but does not state post-sale ownership or proceeds recipients beyond the broker/dealer listing.