Palantir (NYSE: PLTR) officer sells 19,662 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palantir Technologies Inc. officer Taylor Ryan D. reported selling 19,662 shares of Class A Common Stock in open-market transactions on May 20, 2026. The sales were made at weighted average prices around the mid‑$130s per share across several price ranges.
According to the footnotes, these transactions were an automatic sale of shares to cover required tax withholding obligations tied to vesting restricted stock units and were executed under a pre-arranged Rule 10b5-1 trading plan, indicating a routine, pre-scheduled disposition rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,662 shares ($2,674,859)
Net Sell
5 txns
Insider
Taylor Ryan D.
Role
See Remarks
Sold
19,662 shs ($2.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 328 | $132.9528 | $44K |
| Sale | Class A Common Stock | 856 | $134.2027 | $115K |
| Sale | Class A Common Stock | 1,364 | $135.0886 | $184K |
| Sale | Class A Common Stock | 11,074 | $136.0811 | $1.51M |
| Sale | Class A Common Stock | 6,040 | $136.6143 | $825K |
Holdings After Transaction:
Class A Common Stock — 219,093 shares (Direct, null)
Footnotes (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. 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 (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. 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 (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. 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 (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. 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 (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. 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 (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.
Key Figures
Shares sold: 19,662 shares
Sale price (line 1): $136.6143 per share
Sale price (line 2): $136.0811 per share
+2 more
5 metrics
Shares sold
19,662 shares
Total Class A Common Stock sold on May 20, 2026
Sale price (line 1)
$136.6143 per share
Weighted average price for one reported sale tranche
Sale price (line 2)
$136.0811 per share
Weighted average price for another sale tranche
Lowest price range
$132.48–$133.43
Price range for one group of open-market sales
Highest price range
$136.52–$136.835
Price range for another group of open-market sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units, automatic sale, open market sales, +1 more
5 terms
Rule 10b5-1 trading plan financial
"All sales were conducted in compliance with the Reporting Person's 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
"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.
automatic sale financial
"This transaction represents an automatic sale of shares to cover required tax withholding obligations"
open market sales financial
"sales executed in multiple open market sales. The sales reflected in this line item were made at prices"
weighted average sale price financial
"The price reported above reflects the weighted average sale price of trades occurring within that price range."
FAQ
What insider activity did Palantir (PLTR) report for Taylor Ryan D.?
Taylor Ryan D., an officer of Palantir, reported selling 19,662 shares of Class A Common Stock. The transactions occurred in multiple open-market sales at weighted average prices in the mid-$130s per share, all on May 20, 2026, according to the filing.
Were the Palantir (PLTR) insider sales made under a Rule 10b5-1 plan?
Yes. The footnotes explain that all sales were conducted in compliance with the reporting person’s Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs, which generally indicate the timing was set in advance and not based on new, nonpublic information.
Do these Palantir (PLTR) insider sales indicate a change in ownership strategy?
The filing describes the transactions as automatic sales to cover tax withholding from RSU vesting under a Rule 10b5-1 plan. This framing presents them as routine, compensation-related events rather than a strategic shift in the insider’s investment approach.
What type of Palantir (PLTR) security did Taylor Ryan D. sell?
All reported transactions involved Class A Common Stock of Palantir Technologies Inc. The sales were classified as non-derivative open-market transactions, linked to tax obligations arising from restricted stock unit vesting, according to the disclosed footnotes.