[144] Palantir Technologies Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Palantir Technologies, Inc. (PLTR) shows a proposed sale of 405,000 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $61,303,311.00. The filing lists the approximate date of sale as 08/20/2025 and reports 2,371,337,421 shares outstanding for the issuer.

The securities were recorded as restricted stock acquired from the issuer on 08/20/2025 with payment on that date. The filing identifies prior sales during the past three months by Stephen A. Cohen totaling 34,357 common shares for aggregate gross proceeds of approximately $4,327,779 across three transactions on 05/21/2025. The filer attests there is no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Large proposed sale of PLTR insider stock—405,000 shares valued at ~$61.3M—is disclosed; recent insider sales totaled ~34.4k shares for ~$4.33M.

The filing documents a significant proposed disposition by an insider using Morgan Stanley Smith Barney as broker, with the securities classified as restricted stock originally acquired from the issuer. A planned sale of 405,000 shares at an aggregate value above $60M is substantial in absolute terms and may be relevant to investors monitoring insider liquidity. Recent smaller dispositions on 05/21/2025 by Stephen A. Cohen total 34,357 shares and roughly $4.33M in proceeds, indicating some prior selling activity. The notice includes the standard attestation regarding absence of undisclosed material adverse information.

Corporate Governance Expert

TL;DR: This Form 144 records routine insider compliance for a large restricted-stock sale; it documents method, broker, and past three-month sales.

The form conveys compliance with Rule 144 by disclosing the broker, number of shares, acquisition details, and recent sales history. The acquisition and payment dates shown as the same day (08/20/2025) may reflect a vesting or issuance event tied to the issuer. From a governance perspective, transparent reporting of both the proposed large sale and recent smaller sales supports regulatory disclosure norms, allowing stakeholders to track insider liquidity and potential share supply impacts.

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

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	405000	61303311.00	2371337421	08/20/2025	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	08/20/2025	Restricted Stock	Issuer			405000	08/20/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
STEPHEN A COHEN 1200 17TH STREET, FLOOR 15 Denver CO 80202	Common	05/21/2025	12418	1555484.89
STEPHEN A COHEN 1200 17TH STREET, FLOOR 15 Denver CO 80202	Common	05/21/2025	15866	2001911.59
STEPHEN A COHEN 1200 17TH STREET, FLOOR 15 Denver CO 80202	Common	05/21/2025	6073	770382.52

144: Remarks and Signature

Remarks

Date of Notice

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)