PLTR Form 4: Officer sold 36,048 shares under 10b5-1 plan
Rhea-AI Filing Summary
Palantir Technologies insider disclosure reports that Ryan D. Taylor, an officer serving as Chief Revenue Officer and Chief Legal Officer, sold 36,048 shares of Class A common stock in the open market on 09/05/2025. The sales were executed under a Rule 10b5-1 trading plan established on 03/12/2025, with trade prices ranging from $157.80 to $158.77 and a reported weighted average sale price of $158.346. After these transactions, the filing shows Mr. Taylor beneficially owned 307,470 shares of Class A common stock. The Form 4 notes the sales occurred in multiple trades and that the reporting person will provide detailed per-trade quantities and prices upon request by the SEC, the issuer, or a security holder.
Positive
- Transaction executed under a Rule 10b5-1 trading plan, indicating pre-arranged, compliant sales
- Filing discloses weighted average sale price and offers to provide detailed per-trade information on request, supporting transparency
- Reporting person retains substantial post-sale ownership of 307,470 Class A shares
Negative
- Reduction of beneficial holdings by 36,048 shares following the reported sales
- Sales occurred in the open market at prices between $157.80 and $158.77, which some investors may view negatively absent additional context
Insights
TL;DR: Routine, pre-arranged insider sale under a 10b5-1 plan; disclosure aligns with compliance and transparency expectations.
The Form 4 documents a structured sale by a senior officer under a Rule 10b5-1 plan entered March 12, 2025, which provides an affirmative defense to insider trading claims when conditions are met. The disclosure includes a weighted average price and an undertaking to provide per-trade details on request, which enhances transparency. No derivative transactions or other compensatory exercises are reported. From a governance perspective, this is a compliant execution of an established trading plan rather than an ad-hoc disposition.
TL;DR: Officer sold 36,048 shares at a weighted average of $158.346; holdings remain substantial at 307,470 shares.
The sale reduced the officer's reported Class A holdings by 36,048 shares, with executed prices between $157.80 and $158.77 and a weighted average of $158.346. Post-sale beneficial ownership is reported at 307,470 shares, which remains a meaningful position. The filing does not disclose any additional transactions, cash proceeds, or reason beyond the 10b5-1 plan. Market impact appears limited given the single-line disclosure and the plan-based nature of the trades.