Palantir director sells shares after RSU vesting

Palantir Technologies director and officer Stephen Andrew Cohen reported a mix of equity awards, conversions, and automatic tax-sales on February 20, 2026.

Rhea-AI Filing Summary

Palantir Technologies director and officer Stephen Andrew Cohen reported a mix of equity awards, conversions, and automatic tax-sales on February 20, 2026. He acquired rights to 675,000 shares of Class B Common Stock through incremental vesting of previously granted restricted stock units, which were fully vested on that date.

Cohen then converted 327,088 shares of Class B Common Stock into 327,088 shares of Class A Common Stock and immediately sold those Class A shares in multiple open-market transactions to cover required tax withholding obligations tied to the vesting event. After these transactions, he directly held 592 shares of Class A Common Stock and 13,531,938 shares of Class B Common Stock.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 9 txns

Insider Cohen Stephen Andrew

Role See Remarks

Sold 327,088 shs ($43.74M)

Approx. gross sale proceeds $43.74M

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	675,000	$0.00	$0.00
Exercise	Class B Common Stock	675,000	$0.00	$0.00
Conversion	Class B Common Stock	327,088	$0.00	$0.00
Conversion	Class A Common Stock	327,088	$0.00	$0.00
Sale	Class A Common Stock	32,376	$132.0346	$4.27M
Sale	Class A Common Stock	100,910	$132.862	$13.41M
Sale	Class A Common Stock	85,051	$133.7565	$11.38M
Sale	Class A Common Stock	89,924	$134.8296	$12.12M
Sale	Class A Common Stock	18,827	$135.7252	$2.56M

Holdings After Transaction: Restricted Stock Units — 675,000 contracts (Direct); Class B Common Stock — 13,531,938 contracts (Direct); Class A Common Stock — 592 shares (Direct)

Footnotes (9)

1. F1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 675,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on February 20, 2026, converted 327,088 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on February 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on February 20, 2026.
2. F2. The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.
3. F3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $131.34 to $132.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.
4. F4. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.34 to $133.3361. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.
5. F5. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.34 to $134.3303. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.
6. F6. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.34 to $135.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.
7. F7. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.34 to $136.14. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.
8. F8. These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
9. F9. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.

FAQ

What insider transactions did Stephen Andrew Cohen report for Palantir (PLTR)?

Stephen Andrew Cohen reported RSU vesting, share conversions, and related sales on February 20, 2026. He acquired 675,000 Class B shares through RSU vesting, converted 327,088 to Class A, then sold those Class A shares in automatic open-market trades to cover tax withholding obligations.

How many Palantir shares did Stephen Andrew Cohen sell in this Form 4?

Stephen Andrew Cohen sold 327,088 shares of Palantir Class A Common Stock. These shares came from converting an equal number of Class B shares and were sold in multiple open-market transactions specifically to satisfy tax withholding obligations triggered by RSU vesting on February 20, 2026.

What equity awards did Stephen Andrew Cohen receive from Palantir in this filing?

He acquired rights to 675,000 shares of Palantir Class B Common Stock through incremental vesting of previously granted restricted stock units. Each RSU represents a right to receive one Class B share, and the vested RSUs were fully vested as of February 20, 2026, under Palantir’s equity incentive plan.

What are Stephen Andrew Cohen’s Palantir share holdings after these transactions?

After the reported transactions, Stephen Andrew Cohen directly held 592 shares of Palantir Class A Common Stock and 13,531,938 shares of Class B Common Stock. The Class B shares are convertible into Class A on a one-for-one basis and have no expiration date according to the disclosure.

Why were Stephen Andrew Cohen’s Palantir share sales characterized as automatic?

The filing states all reported sales were automatic to cover required tax withholding obligations from the RSU vesting on February 20, 2026. The sales occurred in multiple open-market trades across specified price ranges, with reported figures reflecting weighted average sale prices within those ranges.

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Accepted by SEC EDGAR 02/24/2026 - 08:09 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cohen Stephen Andrew

(Last) (First) (Middle)

C/O PALANTIR TECHNOLOGIES INC.

19505 BISCAYNE BOULEVARD, SUITE 2350

(Street)

AVENTURA FL 33180

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Palantir Technologies Inc. [ PLTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		C(1)		327,088	A	(2)	327,680	D
Class A Common Stock	02/20/2026		S(1)		32,376	D	$132.0346(3)	295,304	D
Class A Common Stock	02/20/2026		S(1)		100,910	D	$132.862(4)	194,394	D
Class A Common Stock	02/20/2026		S(1)		85,051	D	$133.7565(5)	109,343	D
Class A Common Stock	02/20/2026		S(1)		89,924	D	$134.8296(6)	19,419	D
Class A Common Stock	02/20/2026		S(1)		18,827	D	$135.7252(7)	592	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(8)	02/20/2026		M(1)			675,000	(9)	05/20/2026	Class B Common Stock(2)	675,000	$0	675,000	D
Class B Common Stock(2)	(2)	02/20/2026		M(1)		675,000		(2)	(2)	Class A Common Stock	675,000	$0	13,859,026	D
Class B Common Stock(2)	(2)	02/20/2026		C(1)			327,088	(2)	(2)	Class A Common Stock	327,088	$0	13,531,938	D

Explanation of Responses:

1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 675,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on February 20, 2026, converted 327,088 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on February 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on February 20, 2026.

2. The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $131.34 to $132.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

4. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.34 to $133.3361. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

5. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.34 to $134.3303. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

6. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.34 to $135.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

7. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.34 to $136.14. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

8. These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.

9. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.

Remarks:

Officer title: President and Secretary. This Form 4 has been compiled based on applicable requirements to reflect the specific transactions described herein and is not intended to disclose or describe all shares and/or other equity securities owned or beneficially held by the Reporting Person. For additional details regarding the Reporting Person's overall stock and equity holdings, please see the Issuer's Proxy Statement filed with the Securities and Exchange Commission on April 25, 2025, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).

	/s/ Justin V. Laubach, under power of attorney	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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