Peter Thiel (NYSE: PLTR) LLCs sell 2M Palantir shares under 10b5-1 plan

Rhea-AI Filing Summary

Palantir Technologies director Peter Thiel, through entities he beneficially owns, reported open-market sales of an aggregate 2,000,000 shares of Class A common stock of Palantir Technologies Inc. pursuant to a preexisting Rule 10b5-1 trading plan adopted on November 14, 2025.

The reported sales on March 2, 2026 were executed in multiple trades at weighted average prices including $140.9739, $142.2131, $143.2751, $144.1774, $145.1654, $146.1385 and $146.8003, with underlying trade ranges from $140.67 up to $147.137.

The filing notes that the sold shares were held of record by STS Holdings II LLC, for which Thiel is the sole beneficial owner, and also discloses additional indirect holdings of 34,260,451, 20,823,993 and 53,487 Palantir shares through Rivendell 7 LLC, PLTR Holdings LLC and Rivendell 25 LLC.

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^*

THIEL PETER

(Last) (First) (Middle)

C/O PALANTIR TECHNOLOGIES INC.

19505 BISCAYNE BOULEVARD, SUITE 2350

(Street)

AVENTURA FL 33180

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		S(1)		50,026	D	$140.9739(2)	15,683,599	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		46,722	D	$142.2131(4)	15,636,877	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		222,837	D	$143.2751(5)	15,414,040	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		419,113	D	$144.1774(6)	14,994,927	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		721,136	D	$145.1654(7)	14,273,791	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		488,783	D	$146.1385(8)	13,785,008	I	See Footnote(3)
Class A Common Stock	03/02/2026		S(1)		51,383	D	$146.8003(9)	13,733,625	I	See Footnote(3)
Class A Common Stock								34,260,451(10)	I	See Footnote(11)
Class A Common Stock								20,823,993(10)	I	See Footnote(12)
Class A Common Stock								53,487(10)	I	See Footnote(13)

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

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the holder on November 14, 2025.

2. This transaction was executed in multiple trades at prices ranging from $140.67 to $141.66. The price above reflects the weighted average sale price. 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.

3. These shares are held of record by STS Holdings II LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by STS Holdings II LLC.

4. This transaction was executed in multiple trades at prices ranging from $141.67 to $142.66. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $142.67 to $143.66. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $143.67 to $144.6691. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $144.67 to $145.6684. The price above reflects the weighted average sale price. 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. This transaction was executed in multiple trades at prices ranging from $145.67 to $146.6696. The price above reflects the weighted average sale price. 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.

9. This transaction was executed in multiple trades at prices ranging from $146.67 to $147.137. The price above reflects the weighted average sale price. 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.

10. These shares were not subject to a particular transaction during the date covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules.

11. These shares are held of record by Rivendell 7 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 7 LLC.

12. These shares are held of record by PLTR Holdings LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by PLTR Holdings LLC.

13. These shares are held of record by Rivendell 25 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 25 LLC.

Remarks:

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," as well as the Reporting Person's Statement on Schedule 13G with respect to the Issuer originally filed with the Securities and Exchange Commission on February 16, 2021, as amended and restated from time to time (in each case, subject to the definitions, explanations, and time periods described therein).

	/s/ Justin V. Laubach, under power of attorney	03/04/2026
	** 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 were sold in Peter Thiel’s latest Form 4?

The Form 4 reports open-market sales totaling 2,000,000 shares of Palantir Class A common stock. These sales were made in multiple transactions on March 2, 2026 under a preexisting Rule 10b5-1 trading plan adopted in November 2025.

At what prices were the Palantir (PLTR) shares sold in Peter Thiel’s filing?

Reported weighted average sale prices include $140.9739, $142.2131, $143.2751, $144.1774, $145.1654, $146.1385 and $146.8003. Footnotes state trades occurred in ranges from $140.67 to $147.137 across multiple executions.

Were Peter Thiel’s Palantir (PLTR) share sales discretionary or under a plan?

The filing states the sales were effected under a preexisting Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans allow prearranged trading schedules, providing structure and reducing discretion at the time of each individual trade.

Who actually held the Palantir (PLTR) shares sold in this Form 4?

The sold shares were held of record by STS Holdings II LLC, which the filing describes as being beneficially owned by Peter Thiel. Thiel has beneficial ownership over the securities held by STS Holdings II LLC, tying the entity’s trading activity to his indirect holdings.

What Palantir (PLTR) holdings does Peter Thiel still report after these transactions?

The Form 4 discloses additional indirect holdings of 34,260,451, 20,823,993 and 53,487 Palantir Class A shares. These are held through Rivendell 7 LLC, PLTR Holdings LLC and Rivendell 25 LLC, which the filing states are all beneficially owned by Peter Thiel.

How does the Form 4 describe Peter Thiel’s role at Palantir (PLTR)?

The reporting person section identifies Peter Thiel as a director of Palantir Technologies Inc. He is not listed as an officer or a ten-percent owner in this specific filing, though he reports substantial indirect beneficial ownership through several limited liability companies.