Palantir (NYSE: PLTR) director sells 16,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Palantir Technologies director Alexander D. Moore reported open-market sales of 16,000 shares of Class A Common Stock on May 15, 2026. The trades were executed at weighted average prices in ranges from about $132.42 to $135.40 per share.
The filing states these transactions were made under a pre-arranged Rule 10b5-1 trading plan entered into on December 11, 2025, indicating a scheduled selling program rather than ad hoc market timing. After these sales, Moore directly holds 1,138,878 shares of Palantir Class A Common Stock.
Positive
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Negative
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Insights
Routine 10b5-1 sales of 16,000 Palantir shares by a director.
Director Alexander D. Moore sold 16,000 Class A shares on May 15, 2026 through four open-market transactions, at weighted average prices between about $132.42 and $135.40 per share. All transactions are coded "S" for sales.
The disclosure notes a Rule 10b5-1 trading plan adopted on December 11, 2025, which means the sales were pre-scheduled. Moore reports 1,138,878 shares owned directly after the trades, so the sale represents a relatively small portion of his holdings. Given the size and pre-planned nature, this looks like a routine liquidity event rather than a thesis-changing signal.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,100 | $133.0538 | $279K |
| Sale | Class A Common Stock | 10,800 | $133.9692 | $1.45M |
| Sale | Class A Common Stock | 3,000 | $134.9457 | $405K |
| Sale | Class A Common Stock | 100 | $135.455 | $14K |
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 December 11, 2025. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.42 to $133.41. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) 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 $133.43 to $134.42. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) 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 $134.43 to $135.40. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) 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.