Palantir (NYSE: PLTR) accounting chief sells 3,305 shares via preset, tax-cover plan
Rhea-AI Filing Summary
Palantir Technologies Inc. (PLTR) reported that Chief Accounting Officer Jeffrey Buckley sold 3,305 shares of Class A Common Stock in multiple transactions on August 20–21, 2026. Most August 20 sales were an automatic sale to cover required tax withholding obligations upon vesting of restricted stock units, executed at weighted average prices ranging from $172.19 to $176.37. An additional August 21 sale at $174.29 per share was made in the open market under a Rule 10b5-1 trading plan. Post-transaction share holdings are not stated in this report.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 3,305 shares
Net Sell
6 txns
Insider
Buckley Jeffrey
Role
See Remarks
Sold
3,305 shs ($577K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F7 | 1,250 | $174.29 | $218K |
| Sale | Class A Common Stock F1, F2 | 58 | $172.6542 | $10K |
| Sale | Class A Common Stock F1, F3 | 100 | $173.7864 | $17K |
| Sale | Class A Common Stock F1, F4 | 1,565 | $174.8455 | $274K |
| Sale | Class A Common Stock F1, F5 | 325 | $175.4185 | $57K |
| Sale | Class A Common Stock F1, F6 | 7 | $176.3133 | $1K |
Holdings After Transaction:
Class A Common Stock — 56,921 shares (Direct)
Footnotes (7)
- F1. This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
- F2. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
- F3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
- F4. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.208. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
- F5. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.19. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
- F6. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.28 to $176.37. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
- F7. 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 March 12, 2026.
Key Figures
Total shares sold: 3,305 shares
August 21 sale price: $174.29 per share
August 20 weighted average prices: $172.6542 to $176.3133 per share
+2 more
5 metrics
Total shares sold
3,305 shares
Aggregate sellShares across six transactions reported for August 20–21, 2026
August 21 sale price
$174.29 per share
Sale of 1,250 shares of Class A Common Stock on 2026-08-21
August 20 weighted average prices
$172.6542 to $176.3133 per share
Five sale line items on 2026-08-20 with separate weighted average prices
Shares sold for tax withholding
Multiple transactions on 2026-08-20
Footnote states sales were to cover required tax withholding on RSU vesting
10b5-1 plan adoption date
March 12, 2026
Footnote indicates the Rule 10b5-1 trading plan was entered into on this date
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average sale price, tax withholding obligations
4 terms
Rule 10b5-1 trading plan regulatory
"sold shares of Class A Common Stock in the open market pursuant to a Rule 10b5-1 trading plan"
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.
restricted stock units financial
"automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported above reflects the weighted average sale price of trades occurring"
tax withholding obligations financial
"automatic sale of shares to cover required tax withholding obligations in connection"
FAQ
What insider transactions did PLTR report for Jeffrey Buckley in this Form 4?
PLTR reported that Chief Accounting Officer Jeffrey Buckley sold 3,305 shares of Class A Common Stock in six transactions on August 20–21, 2026, all reported as open-market or private sales of non-derivative Class A shares.
Were Jeffrey Buckley’s PLTR sales made under a Rule 10b5-1 trading plan?
Yes. The filing’s checkbox and footnotes indicate that sales were made pursuant to a Rule 10b5-1 trading plan. One footnote adds that the open-market sale on August 21, 2026 was made under a 10b5-1 plan entered into on March 12, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.