STOCK TITAN

Palantir (NYSE: PLTR) CEO offloads stock after big RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Palantir Technologies Inc. (PLTR) reported that CEO Alexander C. Karp completed a series of equity transactions on August 20, 2026. Previously granted RSUs vested into 975,000 shares of Class B Common Stock, which, together with other derivative positions, resulted in 2,442,348 shares being exercised or converted. A total of 492,348 shares of Class A Common Stock were then sold in open-market transactions at weighted average prices within disclosed ranges, with footnotes stating these sales were automatic transactions to cover required tax withholding obligations related to the vesting and were carried out under preexisting Rule 10b5-1 trading plans.

Positive

  • None.

Negative

  • None.
Insider Karp Alexander C.
Role See Remarks
Sold 492,348 shs ($86.06M)
Approx. gross sale proceeds $86.06M
Type Security Shares Price Value
Exercise Restricted Stock Units F14, F1, F15, F2 877,500 $0.00 $0.00
Exercise Class B Common Stock F2, F1 877,500 $0.00 $0.00
Exercise Restricted Stock Units F16, F1, F15, F2 97,500 $0.00 $0.00
Exercise Class B Common Stock F2, F1 97,500 $0.00 $0.00
Conversion Class B Common Stock F2, F1 402,348 $0.00 $0.00
Conversion Class B Common Stock F2, F8 90,000 $0.00 $0.00
Conversion Class A Common Stock F1, F2 402,348 -- --
Sale Class A Common Stock F1, F3 11,378 $172.6542 $1.96M
Sale Class A Common Stock F1, F4 19,493 $173.7864 $3.39M
Sale Class A Common Stock F1, F5 306,544 $174.8455 $53.60M
Sale Class A Common Stock F1, F6 63,629 $175.4185 $11.16M
Sale Class A Common Stock F1, F7 1,304 $176.3133 $230K
Conversion Class A Common Stock F8, F2 90,000 -- --
Sale Class A Common Stock F8, F9 4,200 $172.6597 $725K
Sale Class A Common Stock F8, F10 11,602 $173.845 $2.02M
Sale Class A Common Stock F8, F11 62,498 $174.7299 $10.92M
Sale Class A Common Stock F8, F12 11,200 $175.4821 $1.97M
Sale Class A Common Stock F8, F13 500 $176.302 $88K
Holdings After Transaction: Restricted Stock Units — 18,525,000 shares (Direct); Class B Common Stock — 52,492,901 shares (Direct); Class A Common Stock — 6,432,258 shares (Direct)
Footnotes (16)
  1. F1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
  2. F2. 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. F3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.13. 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. F4. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. 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. F5. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.208. 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. F6. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.19. 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. F7. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.28 to $176.37. 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. F8. This transaction is part of a related series of transactions undertaken on August 20, 2026 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, 2026. The Reporting Person converted 90,000 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.
  9. F9. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
  10. F10. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
  11. F11. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
  12. F12. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.18. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
  13. F13. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.26 to $176.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
  14. F14. 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.
  15. F15. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
  16. F16. These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
Total derivative shares exercised/converted 2,442,348 shares Derivative exercises and conversions reported for August 20, 2026
RSUs vested into Class B Common Stock 975,000 shares Incremental vesting of RSUs on August 20, 2026
Class A shares sold 492,348 shares Open-market sales of Class A Common Stock on August 20, 2026
Sale price range $172.19–$176.37 per share Weighted average prices across reported Class A sales on August 20, 2026
Rule 10b5-1 plan adoption date March 12, 2026 Preexisting Rule 10b5-1 trading plan governing certain August 20, 2026 transactions
Restricted Stock Units financial
"These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan"
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.
Rule 10b5-1 trading plan regulatory
"undertaken on August 20, 2026 pursuant to a preexisting 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price of trades"
tax withholding obligations financial
"All sales were automatic sales of shares to cover required tax withholding obligations"
convertible financial
"The Class B Common Stock is convertible into the Issuer's Class A Common Stock"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

FAQ

What did PLTR CEO Alexander Karp do with his Palantir shares on August 20, 2026?

Alexander C. Karp reported vesting and conversion of derivative awards into 2,442,348 shares, including RSUs vesting into 975,000 Class B shares, and the sale of 492,348 Class A shares in open-market trades, primarily to satisfy tax withholding obligations tied to the vesting.

How many Palantir (PLTR) shares did Alexander Karp sell in this Form 4?

The filing shows open-market sales totaling 492,348 shares of Class A Common Stock on August 20, 2026. Footnotes state these were automatic sales to cover required tax withholding obligations in connection with RSU vesting and were executed under Rule 10b5-1 trading plans.

What equity awards vested for Alexander Karp in Palantir (PLTR) on August 20, 2026?

Footnotes state that incremental vesting of previously granted RSUs gave Alexander Karp rights to 975,000 shares of Class B Common Stock on August 20, 2026. These RSUs were fully vested as of that date and are governed by Palantir’s equity incentive plans.

Were Alexander Karp’s PLTR share sales under a Rule 10b5-1 plan?

Yes. The filing indicates the sales related to RSU vesting and certain conversions were conducted under Rule 10b5-1 trading plans, including a plan entered into on March 12, 2026, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

What prices did Alexander Karp receive for his sold PLTR shares?

Open-market Class A share sales on August 20, 2026 occurred in multiple trades at ranges disclosed in footnotes, with weighted average sale prices generally between $172.19 and $176.37 per share. Each line item’s reported price is a weighted average within its specific range.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).
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*
Karp Alexander C.

(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)
08/20/2026
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 Stock08/20/2026C(1)402,348A(2)6,834,606D
Class A Common Stock08/20/2026S(1)11,378D$172.6542(3)6,823,228D
Class A Common Stock08/20/2026S(1)19,493D$173.7864(4)6,803,735D
Class A Common Stock08/20/2026S(1)306,544D$174.8455(5)6,497,191D
Class A Common Stock08/20/2026S(1)63,629D$175.4185(6)6,433,562D
Class A Common Stock08/20/2026S(1)1,304D$176.3133(7)6,432,258D
Class A Common Stock08/20/2026C(8)90,000A(2)6,522,258D
Class A Common Stock08/20/2026S(8)4,200D$172.6597(9)6,518,058D
Class A Common Stock08/20/2026S(8)11,602D$173.845(10)6,506,456D
Class A Common Stock08/20/2026S(8)62,498D$174.7299(11)6,443,958D
Class A Common Stock08/20/2026S(8)11,200D$175.4821(12)6,432,758D
Class A Common Stock08/20/2026S(8)500D$176.302(13)6,432,258D
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(14)08/20/2026M(1)877,500 (15)05/20/2031Class B Common Stock(2)877,500$016,672,500D
Class B Common Stock(2)(2)08/20/2026M(1)877,500 (2) (2)Class A Common Stock877,500$052,887,749D
Restricted Stock Units(16)08/20/2026M(1)97,500 (15)05/20/2031Class B Common Stock(2)97,500$01,852,500D
Class B Common Stock(2)(2)08/20/2026M(1)97,500 (2) (2)Class A Common Stock97,500$052,985,249D
Class B Common Stock(2)(2)08/20/2026C(1)402,348 (2) (2)Class A Common Stock402,348$052,582,901D
Class B Common Stock(2)(2)08/20/2026C(8)90,000 (2) (2)Class A Common Stock90,000$052,492,901D
Explanation of Responses:
1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
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 $172.19 to $173.13. 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 $173.21 to $174.20. 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 $174.21 to $175.208. 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 $175.21 to $176.19. 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 $176.28 to $176.37. 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. This transaction is part of a related series of transactions undertaken on August 20, 2026 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, 2026. The Reporting Person converted 90,000 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.
9. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
10. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
11. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
12. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.18. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
13. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.26 to $176.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
14. 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.
15. The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
16. These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
Remarks:
Officer title: Chief Executive 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 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 attorney08/24/2026
** 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)