Palantir director sells 1,342 shares in plan trade
Palantir director reports a Rule 10b5-1 plan sale of 1,342 shares while retaining substantial direct and indirect PLTR holdings.
Rhea-AI Filing Summary
Palantir Technologies Inc. (PLTR) director Stat Lauren Elaina Friedman reported selling 1,342 shares of Class A Common Stock on September 1, 2026 at $182.50 per share in an open-market transaction. The sale was made under a Rule 10b5-1 trading plan entered into on February 11, 2026. After this sale, she held 52,765 shares directly, 43,794 shares indirectly through her spouse, and 7,335 shares indirectly via a child's 2025 gift trust for which she serves as trustee.
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Insider Trade Summary 10b5-1
Net Seller: 1,342 shares
Net Sell
3 txns
Insider
Stat Lauren Elaina Friedman
Role
Director
Sold
1,342 shs ($245K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 1,342 | $182.50 | $245K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 52,765 shares (Direct);
Class A Common Stock — 43,794 shares (Indirect, By spouse);
Class A Common Stock — 7,335 shares (Indirect, By child's 2025 gift trust)
Footnotes (2)
- F1. The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on February 11, 2026.
- F2. These shares are held of record by the Reporting Person's spouse's child's 2025 gift trust, of which the Reporting Person serves as trustee.
Key Figures
Shares sold: 1,342 shares
Sale price per share: $182.50 per share
Direct holdings after transaction: 52,765 shares
+3 more
6 metrics
Shares sold
1,342 shares
Class A Common Stock sold on September 1, 2026
Sale price per share
$182.50 per share
Open-market sale on September 1, 2026
Direct holdings after transaction
52,765 shares
Director’s direct Class A holdings following the sale
Indirect holdings by spouse
43,794 shares
Indirect ownership through spouse after the transaction
Indirect holdings via child's 2025 gift trust
7,335 shares
Trust where the director serves as trustee
Rule 10b5-1 plan adoption date
February 11, 2026
Trading plan under which the sale was executed
Key Terms
Rule 10b5-1 trading plan, affirmative defense, Class A Common Stock, gift trust
4 terms
Rule 10b5-1 trading plan regulatory
"sold shares of Class A Common Stock in the open market pursuant to a 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.
affirmative defense regulatory
"trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Class A Common Stock financial
"The Reporting Person sold shares of Class A Common Stock in the open market"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
gift trust financial
"shares are held of record by the Reporting Person's spouse's child's 2025 gift trust"
FAQ
What insider transaction did PLTR director Stat Lauren Elaina Friedman report?
She reported a sale of 1,342 shares of Palantir Class A Common Stock on September 1, 2026 in an open-market transaction at $182.50 per share, according to the Form 4 filing.
What type of security did the PLTR Form 4 transaction involve?
All positions reported in this Form 4 relate to Palantir Technologies Inc. Class A Common Stock, including the 1,342 shares sold and the direct and indirect holdings listed after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.