Palantir (PLTR) Director Disposes 20,000 Class A Shares via 10b5-1 Plan
Rhea-AI Filing Summary
Alexander D. Moore, a director of Palantir Technologies Inc. (PLTR), reported multiple open-market sales of Class A common stock on 09/02/2025 executed pursuant to a Rule 10b5-1 trading plan established on November 22, 2024. The Form 4 lists seven grouped sales totaling 20,000 shares at weighted average prices per group ranging from about $151.28 up to $158.09, with the reported per-line weighted averages shown between $151.5567 and $157.6846. After these transactions the reporting person’s beneficial ownership in Class A common stock is reported as 1,272,978 shares. The filing notes the sales were made in multiple trades and that the reporting person will provide detailed per-trade quantities on request.
Positive
- Transactions executed under a Rule 10b5-1 plan, indicating pre-established trading intent and potential compliance safeguards
- Filing discloses weighted average prices and offers to provide per-trade details to the SEC, issuer, or security holders
Negative
- Director sold a total of 20,000 Class A shares on a single date, which is a notable disposal of insider stock
- Sales were executed across multiple price bands, which may complicate quick assessment of realized proceeds without per-trade detail
Insights
TL;DR: Routine, pre-established 10b5-1 sales by a director totaling 20,000 shares; disclosure appears compliant and transparent.
The transactions were executed under a Rule 10b5-1(c) plan dated November 22, 2024, which provides an affirmative defense against insider trading claims if properly structured and timed. The Form 4 discloses grouped sales with weighted average prices and confirms willingness to disclose per-trade details to regulators or holders. From a compliance perspective, the filing contains the expected disclosures and the signature under power of attorney is present.
TL;DR: Director sold 20,000 PLTR Class A shares across price bands; moves are material in size but not necessarily market-moving given reported remaining holdings.
The sale quantity of 20,000 shares is explicit and executed across price ranges from roughly $151.28 to $158.09, with per-line weighted averages reported. Post-sale beneficial ownership remains substantial at 1,272,978 shares, indicating continued significant ownership. These sales are presented as plan-driven open-market transactions rather than ad-hoc dispositions.