SEC Form 4 · accession 0001824159-26-000009
Palantir Technologies Inc. · PLTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Jul 2, 2026 | C | 35,000 | — | A | 677,786 | D | |
| Class A Common Stock | Jul 2, 2026 | S | 35,000 | $130.00 | D | 642,786 | D | |
| Class A Common StockF3 | Jul 2, 2026 | S | 150,000 | $130.00 | D | 599,899 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2 | — | Jul 2, 2026 | C | 35,000 | D | — | — | Class A Common Stock | 35,000 | 3,663,598 | D |
Explanation of responses
- F1This transaction is part of a related series of transactions undertaken on July 2, 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 11, 2026 by the Reporting Person and the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). The Reporting Person converted 35,000 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, and the Remainder Trust sold 150,000 shares of Class A Common Stock in the open market.
- F2The 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.
- F3These shares are held of record by the Remainder Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.
Remarks
Officer title: Chief Technology Officer and Executive Vice President. 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).