=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-02
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
--- Reporting Owner ---
Name: Moore Alexander D.
CIK: 0001823952
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,308 | Price: $167.30
Total Value: $218,826.05
Shares Owned After: 1,211,670 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F2] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $166.75 to $167.7207. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: 2026-01-02 | Code: S (Open market sale)
Shares: -3,908 | Price: $168.35
Total Value: $657,925.09
Shares Owned After: 1,207,762 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F3] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $167.77 to $168.7499. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: 2026-01-02 | Code: S (Open market sale)
Shares: -387 | Price: $169.12
Total Value: $65,448.82
Shares Owned After: 1,207,375 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F4] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $168.779 to $169.56. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: 2026-01-02 | Code: S (Open market sale)
Shares: -2,319 | Price: $170.16
Total Value: $394,592.23
Shares Owned After: 1,205,056 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F5] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $169.78 to $170.66. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: 2026-01-02 | Code: S (Open market sale)
Shares: -1,489 | Price: $171.57
Total Value: $255,460.73
Shares Owned After: 1,203,567 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F6] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $171.08 to $171.99. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: 2026-01-02 | Code: S (Open market sale)
Shares: -1,323 | Price: $172.36
Total Value: $228,025.80
Shares Owned After: 1,202,244 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F7] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.10 to $173.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #7]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,013 | Price: $174.07
Total Value: $176,336.46
Shares Owned After: 1,201,231 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F8] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.4157 to $174.41. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #8]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,143 | Price: $174.90
Total Value: $199,907.84
Shares Owned After: 1,200,088 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F9] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.58 to $175.49. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #9]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,666 | Price: $176.04
Total Value: $293,274.81
Shares Owned After: 1,198,422 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F10] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.5985 to $176.5578. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #10]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -2,821 | Price: $177.26
Total Value: $500,063.44
Shares Owned After: 1,195,601 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F11] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.61 to $177.5981. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #11]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,533 | Price: $178.44
Total Value: $273,543.31
Shares Owned After: 1,194,068 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F12] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $178.00 to $178.72. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #12]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -788 | Price: $179.61
Total Value: $141,535.52
Shares Owned After: 1,193,280 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F13] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $179.3617 to $180.23. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 #13]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -302 | Price: $181.04
Total Value: $54,674.71
Shares Owned After: 1,192,978 | Ownership: D (Direct)
Footnotes:
[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 November 22, 2024.
[F14] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $180.42 to $181.35. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
--- Footnotes (Complete Index) ---
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 November 22, 2024.
F10: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.5985 to $176.5578. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F11: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.61 to $177.5981. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F12: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $178.00 to $178.72. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F13: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $179.3617 to $180.23. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F14: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $180.42 to $181.35. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F2: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $166.75 to $167.7207. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 $167.77 to $168.7499. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 $168.779 to $169.56. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 $169.78 to $170.66. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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 $171.08 to $171.99. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.10 to $173.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F8: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.4157 to $174.41. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
F9: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.58 to $175.49. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (14) 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.
--- Signature ---
/s/ /s/ Justin V. Laubach, under power of attorney (2026-01-06)
