Palantir (NYSE: PLTR) director sells 3,265 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palantir Technologies director Lauren Elaina Friedman Stat reported open-market sales of Class A Common Stock under a pre-arranged Rule 10b5-1 trading plan. She sold 1,667 shares at $150.0000 on May 29, 2026 and 1,598 shares at $160.0000 on June 1, 2026, totaling 3,265 shares.
After these sales, she holds 55,022 shares directly. She also reports indirect holdings of 7,335 shares held by a 2025 gift trust for a child, where she serves as trustee, and 43,794 shares held by her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,265 shares ($505,730)
Net Sell
4 txns
Insider
Stat Lauren Elaina Friedman
Role
null
Sold
3,265 shs ($506K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,598 | $160.00 | $256K |
| Sale | Class A Common Stock | 1,667 | $150.00 | $250K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 55,022 shares (Direct, null);
Class A Common Stock — 43,794 shares (Indirect, By spouse)
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 February 11, 2026. These shares are held of record by the Reporting Person's spouse's child's 2025 gift trust, of which the Reporting Person serves as trustee.
Key Figures
Shares sold: 3,265 shares
Sale price 1: $150.0000 per share
Sale price 2: $160.0000 per share
+3 more
6 metrics
Shares sold
3,265 shares
Open-market sales of Class A Common Stock
Sale price 1
$150.0000 per share
1,667 shares sold on May 29, 2026
Sale price 2
$160.0000 per share
1,598 shares sold on June 1, 2026
Direct holdings after
55,022 shares
Class A Common Stock held directly after sales
Gift trust holdings
7,335 shares
Held by spouse's child's 2025 gift trust
Spouse holdings
43,794 shares
Class A Common Stock held by spouse
Key Terms
Class A Common Stock, Rule 10b5-1 trading plan, affirmative defense conditions, gift trust
4 terms
Class A Common Stock financial
"The Reporting Person sold shares of Class A Common Stock in the open market"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Rule 10b5-1 trading plan regulatory
"sold shares ... pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
affirmative defense conditions regulatory
"a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
gift trust financial
"shares are held of record by the Reporting Person's spouse's child's 2025 gift trust"
FAQ
What insider transaction did Palantir (PLTR) disclose for Lauren Elaina Friedman Stat?
Palantir disclosed that director Lauren Elaina Friedman Stat sold 3,265 Class A shares. She executed two open-market sales at $150.0000 and $160.0000 per share under a Rule 10b5-1 trading plan, as described in the filing.
Was the Palantir (PLTR) insider sale made under a Rule 10b5-1 trading plan?
Yes, the sales were made under a Rule 10b5-1 trading plan. The footnote explains that the director sold Class A Common Stock pursuant to a Rule 10b5-1 trading plan entered into on February 11, 2026, intended to satisfy Rule 10b5-1(c) affirmative defense conditions.
What indirect Palantir (PLTR) holdings are reported for the director?
The filing reports two categories of indirect holdings. It lists 7,335 shares held by a spouse’s child’s 2025 gift trust, where the director is trustee, and 43,794 shares held by the director’s spouse, both in Palantir Class A Common Stock.