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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 600 | $151.5567 | $91K |
| Sale | Class A Common Stock | 900 | $152.8592 | $138K |
| Sale | Class A Common Stock | 500 | $153.884 | $77K |
| Sale | Class A Common Stock | 1,199 | $155.0515 | $186K |
| Sale | Class A Common Stock | 4,001 | $155.9526 | $624K |
| Sale | Class A Common Stock | 9,500 | $157.1196 | $1.49M |
| Sale | Class A Common Stock | 3,300 | $157.6846 | $520K |
Footnotes (1)
- The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on November 22, 2024. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $151.28 to $151.80. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $152.42 to $153.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.42 to $154.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $154.42 to $155.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $155.44 to $156.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $156.46 to $157.45. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $157.46 to $158.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.