Palantir Form 144: Insider to Sell 60,000 Shares via JP Morgan
Rhea-AI Filing Summary
Form 144 filed for Palantir Technologies, Inc. (PLTR) by an individual identified as Alexander Moore discloses a proposed sale of 60,000 Class A shares through JP Morgan Securities LLC with an aggregate market value of $10,945,200. The shares were originally acquired on 06/10/2005 via stock option exercise and paid in cash. The filing states an approximate sale date of 10/01/2025 on Nasdaq. The filer reported two related sales in the prior three months: 20,000 shares on 08/01/2025
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Insights
TL;DR: Routine Rule 144 notice disclosing planned sale of long-held options-derived shares; prior small sales in recent months.
The filing documents a compliance disclosure under Rule 144 for 60,000 Class A shares valued at $10,945,200, acquired by stock option exercise in 2005 and slated for sale through JP Morgan on Nasdaq around 10/01/2025. Two modest disposals of 20,000 shares each in August and September 2025 are reported with gross proceeds shown. Given the company's total outstanding shares listed in the filing (2,274,261,581), the sizes reported are immaterial to outstanding capitalization and unlikely to affect market valuation materially. This is a routine insider liquidity notice rather than an operational disclosure.
TL;DR: Filing appears procedurally complete for a Rule 144 sale; includes purchaser broker, acquisition details, and recent sales history.
The notice provides required information: broker name and address, acquisition date and nature