Palantir (NYSE: PLTR) insider sells 319,934 shares after RSU vesting
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 319,934 shares ($43,524,501)
Net Sell
9 txns
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)
- 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.
Key Figures
Class A shares sold: 319,934 shares
RSUs vested into Class B: 675,000 shares
Post-transaction Class A holding: 320,526 shares
+3 more
6 metrics
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
Key Terms
restricted stock units, Class B Common Stock, weighted average sale price, tax withholding obligations, +1 more
5 terms
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"
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.
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.