STOCK TITAN

Palantir (NYSE: PLTR) insider sells 319,934 shares after RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Palantir Technologies Inc. director and officer Stephen Andrew Cohen reported a set of related equity compensation transactions in Palantir Class A and Class B Common Stock on May 20, 2026. Previously granted restricted stock units vested into 675,000 shares of Class B Common Stock, which are convertible into Class A on a 1-for-1 basis.

Cohen converted 319,934 Class B shares into Class A and immediately sold 319,934 Class A shares in multiple open-market transactions. Footnotes state these sales were automatic transactions to cover required tax withholding obligations tied to the vesting event. Following these moves, he directly holds 320,526 shares of Class A and 14,206,938 shares of Class B Common Stock.

Positive

  • None.

Negative

  • None.
Insider Cohen Stephen Andrew
Role See Remarks
Sold 319,934 shs ($43.52M)
Type Security Shares Price Value
Exercise Restricted Stock Units 675,000 $0.00 --
Exercise Class B Common Stock 675,000 $0.00 --
Conversion Class B Common Stock 319,934 $0.00 --
Conversion Class A Common Stock 319,934 $0.00 --
Sale Class A Common Stock 5,337 $132.9528 $710K
Sale Class A Common Stock 13,923 $134.2027 $1.87M
Sale Class A Common Stock 22,196 $135.0886 $3.00M
Sale Class A Common Stock 180,187 $136.0811 $24.52M
Sale Class A Common Stock 98,291 $136.6143 $13.43M
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class B Common Stock — 14,206,938 shares (Direct, null); Class A Common Stock — 320,526 shares (Direct, null)
Footnotes (1)
  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 May 20, 2026, converted 319,934 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on May 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 20, 2026. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.48 to $133.43. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.52 to $134.51. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.52 to $135.51. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.52 to $136.515. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $136.52 to $136.835. 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. 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. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
Class A shares sold 319,934 shares Open-market sales on May 20, 2026 to cover tax withholding
RSUs vested into Class B 675,000 shares Incremental vesting of previously granted RSUs on May 20, 2026
Post-transaction Class A holding 320,526 shares Class A Common Stock held directly after reported transactions
Post-transaction Class B holding 14,206,938 shares Class B Common Stock held directly after derivative exercises
Conversion ratio 1-for-1 Class B Common Stock to Class A Common Stock, no expiration date
Sale price ranges $132.48–$136.835 per share Weighted average price ranges for multiple open-market sales
restricted stock units financial
"The Reporting Person acquired rights to 675,000 shares of Class B Common Stock upon incremental vesting of previously granted 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.
Class B Common Stock financial
"The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average sale price financial
"The price reported above reflects the weighted average sale price of trades occurring within that price range"
tax withholding obligations financial
"All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event"
Amended 2010 Equity Incentive Plan financial
"These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan"
SEC Form 4
FORM 4UNITED 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 FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Palantir Technologies Inc. [ PLTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/20/2026C(1)319,934A(2)320,526D
Class A Common Stock05/20/2026S(1)5,337D$132.9528(3)315,189D
Class A Common Stock05/20/2026S(1)13,923D$134.2027(4)301,266D
Class A Common Stock05/20/2026S(1)22,196D$135.0886(5)279,070D
Class A Common Stock05/20/2026S(1)180,187D$136.0811(6)98,883D
Class A Common Stock05/20/2026S(1)98,291D$136.6143(7)592D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(8)05/20/2026M(1)675,000 (9)05/20/2026Class B Common Stock(2)675,000$00D
Class B Common Stock(2)(2)05/20/2026M(1)675,000 (2) (2)Class A Common Stock675,000$014,206,938D
Class B Common Stock(2)(2)05/20/2026C(1)319,934 (2) (2)Class A Common Stock319,934$013,887,004D
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 May 20, 2026, converted 319,934 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on May 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 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 $132.48 to $133.43. 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 $133.52 to $134.51. 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 $134.52 to $135.51. 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 $135.52 to $136.515. 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 $136.52 to $136.835. 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 24, 2026, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).
/s/ Devon Klein, under power of attorney05/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Palantir reported that Stephen Andrew Cohen had RSUs vest into 675,000 Class B shares, converted 319,934 Class B shares into Class A, and sold 319,934 Class A shares. The sales were described as automatic transactions to cover tax withholding obligations from the vesting.

How many Palantir (PLTR) shares did Stephen Andrew Cohen sell on May 20, 2026?

Stephen Andrew Cohen sold 319,934 shares of Palantir Class A Common Stock on May 20, 2026. The filing notes these were multiple open-market trades at weighted average prices within specified ranges and were executed to cover required tax withholding obligations on vested RSUs.

What prices were received in Stephen Andrew Cohen’s Palantir (PLTR) share sales?

The reported Class A share sales were executed in weighted average price ranges between approximately $132.48 and $136.835 per share. Individual line items show narrower bands within that overall range, with the filing offering to provide exact breakdowns of shares sold at each separate sale price on request.

How many Palantir (PLTR) shares does Stephen Andrew Cohen hold after these transactions?

After the May 20, 2026 transactions, Stephen Andrew Cohen directly holds 320,526 shares of Palantir Class A Common Stock and 14,206,938 shares of Class B Common Stock. The Class B shares are convertible into Class A on a 1-for-1 basis, and the filing indicates no expiration date for that conversion right.

What happened to Stephen Andrew Cohen’s Palantir (PLTR) RSUs in this Form 4 filing?

Previously granted restricted stock units vested into 675,000 shares of Palantir Class B Common Stock on May 20, 2026. A related derivative entry shows these RSUs now have a zero remaining balance, indicating the full RSU grant covered in the filing was converted into Class B shares as of that date.

Were Stephen Andrew Cohen’s Palantir (PLTR) share sales discretionary or for taxes?

Footnotes state all reported Class A share sales were automatic transactions to cover required tax withholding obligations tied to the RSU vesting on May 20, 2026. This indicates the disposals were related to satisfying tax requirements rather than being characterized as standalone discretionary open-market sales.