=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-20
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
--- Reporting Owner ---
Name: Buckley Jeffrey
CIK: 0001705189
Role: Officer (See Remarks)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-02-20 | Code: S (Open market sale)
Shares: -268 | Price: $132.03
Total Value: $35,385.27
Shares Owned After: 46,776 | Ownership: D (Direct)
Footnotes:
[F1] This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
[F2] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $131.34 to $132.33. The price reported above
reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-02-20 | Code: S (Open market sale)
Shares: -834 | Price: $132.86
Total Value: $110,806.91
Shares Owned After: 45,942 | Ownership: D (Direct)
Footnotes:
[F1] This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
[F3] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.34 to $133.3361. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-02-20 | Code: S (Open market sale)
Shares: -703 | Price: $133.76
Total Value: $94,030.82
Shares Owned After: 45,239 | Ownership: D (Direct)
Footnotes:
[F1] This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
[F4] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.34 to $134.3303. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-02-20 | Code: S (Open market sale)
Shares: -743 | Price: $134.83
Total Value: $100,178.39
Shares Owned After: 44,496 | Ownership: D (Direct)
Footnotes:
[F1] This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
[F5] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.34 to $135.33. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
[Transaction #5]
Security: Class A Common Stock
Date: 2026-02-20 | Code: S (Open market sale)
Shares: -156 | Price: $135.73
Total Value: $21,173.13
Shares Owned After: 44,340 | Ownership: D (Direct)
Footnotes:
[F1] This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
[F6] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.34 to $136.14. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
[Transaction #6]
Security: Class A Common Stock
Date: 2026-02-24 | Code: S (Open market sale)
Shares: -1,232 | Price: $129.08
Total Value: $159,026.56
Shares Owned After: 43,108 | Ownership: D (Direct)
Footnotes:
[F7] 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 May 30, 2025.
--- Footnotes (Complete Index) ---
F1: This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance
with the Reporting Person's Rule 10b5-1 trading plan.
F2: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $131.34 to $132.33. The price reported above
reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
F3: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.34 to $133.3361. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
F4: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.34 to $134.3303. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
F5: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.34 to $135.33. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
F6: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.34 to $136.14. The price reported above reflects
the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) 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.
F7: 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 May 30, 2025.
--- Signature ---
/s/ /s/ Justin V. Laubach, under power of attorney (2026-02-24)
