Palantir director granted 2,118 RSUs
Woersching Eric H. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Woersching Eric H. reported acquisition or exercise transactions in this Form 4 filing.
Palantir Technologies Inc. director Eric H. Woersching received an equity grant in the form of restricted stock units. He was awarded 2,118 RSUs of Class A Common Stock at a stated price of $0.00 per unit, bringing his direct holdings to 4,466 shares/RSUs after the grant.
Each RSU represents the right to receive one share of Class A Common Stock, subject to time-based vesting and continued service. The award was granted as an annual compensation grant for serving on Palantir’s board under the company’s outside director compensation policy, and does not reflect an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,118 | $0.00 | $0.00 |
Footnotes (1)
- F1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable time-based vesting schedule and conditions of each RSU and the Reporting Person continuing as a service provider through the applicable vesting date. These RSUs were granted to the Reporting Person as an annual award for service on the Issuer's board of directors, in accordance with the Issuer's outside director compensation policy.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
time-based vesting schedule financial
outside director compensation policy financial
Class A Common Stock financial
FAQ
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What did Palantir (PLTR) director Eric Woersching report on this Form 4?
Was Eric Woersching’s Palantir (PLTR) transaction a market buy or sell?
What are the terms of the Palantir (PLTR) RSUs granted to Eric Woersching?
Why did Palantir (PLTR) grant 2,118 RSUs to Eric Woersching?
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