[Form 4] Palantir Technologies Inc. Insider Trading Activity

Rhea-AI Filing Summary

Palantir Technologies (PLTR) – Form 4 insider transaction filed for Chief Revenue & Legal Officer Ryan D. Taylor.

• Derivative exercise: On 08-05-2025 Taylor converted 30,000 Class B shares into an equal number of Class A shares (1-for-1, no cash exercise).
• Open-market sale: Immediately sold the 30,000 Class A shares at $175.00, pursuant to a pre-existing Rule 10b5-1 plan dated 03-12-2025.
• Post-transaction ownership: 363,755 Class A shares held directly and 2,307 Class B shares remaining (convertible 1-for-1).
• The filing states that the reported sale is part of a series of Rule 10b5-1 trades and does not represent Taylor’s full equity position.

The transaction reduces the insider’s direct Class A stake by about 7.6% (30,000/393,755) but leaves a substantial position, suggesting portfolio rebalancing rather than a complete exit. Because the trade was pre-scheduled under Rule 10b5-1, market-signal risk is tempered, although investors often view any C-suite sale as a mild negative sentiment indicator.

Positive

• Transaction executed under Rule 10b5-1, reducing concerns about opportunistic trading and regulatory risk.
• Executive retains a significant shareholding (363,755 Class A + 2,307 Class B), maintaining alignment with shareholders.

Negative

• C-suite insider sold 30,000 shares, a potential negative sentiment signal despite pre-planning.
• Direct Class A ownership falls by ~7.6%, slightly weakening insider ownership percentage.

Insights

Securities Analyst

TL;DR: C-suite insider sold 30k shares under 10b5-1; modest size, mildly negative sentiment.

The conversion and sale equal roughly US$5.3 m, minor against Palantir’s multi-billion market cap. A pre-planned Rule 10b5-1 program reduces concerns about informational timing; however, insider selling, especially from a dual-role executive, can pressure near-term sentiment and may be interpreted as limited confidence at current price levels. Taylor retains >360k Class A plus residual Class B, signalling ongoing alignment. Overall impact: low to moderate, leaning negative.

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)
08/05/2025

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	08/05/2025		M(1)		30,000	A	(2)	393,755	D
Class A Common Stock	08/05/2025		S(1)		30,000	D	$175	363,755	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
Class B Common Stock(2)	(2)	08/05/2025		M(1)			30,000	(2)	(2)	Class A Common Stock	30,000	$0	2,307	D

Explanation of Responses:

1. This transaction is part of a related series of transactions undertaken on August 5, 2025 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2025. The Reporting Person converted 30,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

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.

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	08/07/2025
	** 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

How many Palantir (PLTR) shares did Ryan D. Taylor sell?

He sold 30,000 Class A shares on 08-05-2025.

At what price were the Palantir shares sold?

The shares were sold at $175.00 per share, according to the Form 4.

Was the sale under a Rule 10b5-1 trading plan?

Yes. The filing states the trades were executed under a Rule 10b5-1 plan adopted 03-12-2025.

What is Taylor’s remaining ownership in PLTR after the sale?

He holds 363,755 Class A shares directly and 2,307 Class B shares (convertible 1-for-1).

Does the Class B stock have an expiration date?

No. The Class B shares are convertible to Class A on a 1-for-1 basis with no expiration.