Palantir director granted 2,118 RSUs for board service
Schiff Alexandra W. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Schiff Alexandra W. reported acquisition or exercise transactions in this Form 4 filing.
Palantir Technologies Inc. director Alexandra W. Schiff received an equity grant in the form of restricted stock units. She was awarded 2,118 RSUs, each representing one share of Class A Common Stock at no cash cost, as part of the company’s outside director compensation policy.
The RSUs vest over time and are contingent on her continued service on the board. Following this grant, Schiff’s direct holdings reported in this filing total 189,083 shares of Class A Common Stock, reflecting a routine, compensation-related increase in her ownership stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,118 | $0.00 | $0.00 |
Footnotes (1)
- F1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable time-based vesting schedule and conditions of each RSU and the Reporting Person continuing as a service provider through the applicable vesting date. These RSUs were granted to the Reporting Person as an annual award for service on the Issuer's board of directors, in accordance with the Issuer's outside director compensation policy.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
time-based vesting schedule financial
outside director compensation policy financial
Class A Common Stock financial
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