[Form 4] Palantir Technologies Inc. Insider Trading Activity

Rhea-AI Filing Summary

Palantir Technologies Inc. (PLTR) reported insider share sales by its Chief Revenue Officer and Chief Legal Officer. The reporting person, filing individually, executed multiple open-market sales of Class A Common Stock on 11/20/2025, 11/21/2025, and 11/24/2025.

Some sales on 11/20/2025 were automatic sales to cover required tax withholding tied to vesting of restricted stock units. Additional sales on 11/20/2025 and 11/24/2025 were made under a Rule 10b5-1 trading plan entered into on March 12, 2025, with prices reported as weighted averages within specified intraday ranges.

After all reported transactions, the officer beneficially owned 251,409 shares of Palantir Class A Common Stock held directly. The narrative clarifies that this Form 4 reflects only the specific transactions listed and not the officer’s full equity holdings, which are described in the company’s April 25, 2025 proxy statement.

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).

X

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^*

Taylor Ryan D.

(Last) (First) (Middle)

C/O PALANTIR TECHNOLOGIES INC.

1200 17TH STREET, FLOOR 15

(Street)

DENVER CO 80202

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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	11/20/2025		S(1)		1,097	D	$155.3089(2)	306,373	D
Class A Common Stock	11/20/2025		S(1)		1,055	D	$156.1858(3)	305,318	D
Class A Common Stock	11/20/2025		S(1)		2,208	D	$157.251(4)	303,110	D
Class A Common Stock	11/20/2025		S(1)		2,154	D	$158.1365(5)	300,956	D
Class A Common Stock	11/20/2025		S(1)		1,002	D	$159.0786(6)	299,954	D
Class A Common Stock	11/20/2025		S(1)		858	D	$160.1615(7)	299,096	D
Class A Common Stock	11/20/2025		S(1)		636	D	$161.1557(8)	298,460	D
Class A Common Stock	11/20/2025		S(1)		147	D	$161.8464(9)	298,313	D
Class A Common Stock	11/20/2025		S(1)		513	D	$163.3663(10)	297,800	D
Class A Common Stock	11/20/2025		S(1)		308	D	$164.0484(11)	297,492	D
Class A Common Stock	11/20/2025		S(1)		238	D	$165.945(12)	297,254	D
Class A Common Stock	11/20/2025		S(1)		388	D	$166.7259(13)	296,866	D
Class A Common Stock	11/20/2025		S(1)		329	D	$167.933(14)	296,537	D
Class A Common Stock	11/20/2025		S(1)		270	D	$168.9044(15)	296,267	D
Class A Common Stock	11/20/2025		S(1)		510	D	$169.9372(16)	295,757	D
Class A Common Stock	11/20/2025		S(1)		1,667	D	$170.9118(17)	294,090	D
Class A Common Stock	11/20/2025		S(1)		1,957	D	$171.9968(18)	292,133	D
Class A Common Stock	11/20/2025		S(1)		2,219	D	$172.7717(19)	289,914	D
Class A Common Stock	11/20/2025		S(1)		205	D	$173.4115(20)	289,709	D
Class A Common Stock	11/21/2025		S(1)		21	D	$153.4295(21)	289,688	D
Class A Common Stock	11/21/2025		S(1)		2,204	D	$156.2601(22)	287,484	D
Class A Common Stock	11/21/2025		S(1)		27	D	$157.7397(23)	287,457	D
Class A Common Stock	11/24/2025		S(24)		1,800	D	$157.76(25)	285,657	D
Class A Common Stock	11/24/2025		S(24)		2,300	D	$158.59(26)	283,357	D
Class A Common Stock	11/24/2025		S(24)		1,974	D	$159.7017(27)	281,383	D
Class A Common Stock	11/24/2025		S(24)		4,309	D	$160.7836(28)	277,074	D
Class A Common Stock	11/24/2025		S(24)		4,393	D	$161.7513(29)	272,681	D
Class A Common Stock	11/24/2025		S(24)		6,900	D	$162.6896(30)	265,781	D
Class A Common Stock	11/24/2025		S(24)		6,016	D	$164.0388(31)	259,765	D
Class A Common Stock	11/24/2025		S(24)		8,356	D	$164.6724(32)	251,409	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

Explanation of Responses:

1. 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.

2. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $154.6592 to $155.6561. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $155.68 to $156.6791. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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 $156.68 to $157.678. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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 $157.68 to $158.67. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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 $158.68 to $159.674. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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 $159.68 to $160.6789. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $160.68 to $161.6741. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

9. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $161.68 to $162.2098. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

10. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $162.7765 to $163.7758. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

11. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $163.78 to $164.65. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

12. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $165.34 to $166.338. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

13. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $166.34 to $167.31. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

14. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $167.35 to $168.34. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

15. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $168.35 to $169.34. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

16. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $169.35 to $170.34. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

17. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $170.35 to $171.34. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

18. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $171.35 to $172.34. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

19. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.35 to $173.345. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

20. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.35 to $173.54. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (20) 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.

21. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.42 to $153.49. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (21) through (23) 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.

22. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $156.71 to $157.70. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (21) through (23) 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.

23. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $157.71 to $157.77. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (21) through (23) 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.

24. 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, 2025.

25. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $157.19 to $158.16. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

26. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $158.21 to $159.16. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

27. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $159.23 to $160.22. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

28. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $160.26 to $161.25. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

29. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $161.27 to $162.23. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

30. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $162.29 to $163.26. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

31. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $163.33 to $164.32. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

32. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $164.33 to $165.10. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (25) through (32) 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.

Remarks:

Officer title: Chief Revenue Officer and Chief Legal Officer. 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	11/24/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the latest Form 4 filing reveal about Palantir (PLTR) insider activity?

The filing shows that a Palantir officer who serves as Chief Revenue Officer and Chief Legal Officer executed multiple sales of Class A Common Stock on November 20, 21, and 24, 2025. These were reported as open-market sales and, in part, as automatic sales to satisfy tax withholding from restricted stock unit vesting.

How many Palantir (PLTR) shares does the reporting officer still own after these transactions?

Following the reported transactions, the officer beneficially owned 251,409 shares of Palantir Class A Common Stock in direct ownership, as stated in the Form 4 table.

Were the Palantir (PLTR) insider sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that certain open-market sales of Class A Common Stock were made pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), which the reporting person entered into on March 12, 2025.

What was the purpose of some of the Palantir (PLTR) insider sales reported?

One transaction on 11/20/2025 is described as an automatic sale of shares to cover required tax withholding obligations arising from the vesting of restricted stock units. Other reported sales were standard open-market transactions at weighted average prices within disclosed price ranges.

What price ranges are mentioned for the Palantir (PLTR) insider share sales?

The explanation section notes that the weighted average sale prices on different lines reflect trades executed within specific ranges, including examples such as from $153.42 to $153.49 and from $172.35 to $173.345, with each line item tied to its own detailed intraday range.

Does this Form 4 show all Palantir (PLTR) equity held by the officer?

No. The remarks explain that this Form 4 is compiled to reflect the specific transactions disclosed and is not intended to describe all shares or other equity securities owned or beneficially held. For broader holdings detail, it refers to Palantir’s proxy statement filed on April 25, 2025.