Palantir (PLTR)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-06 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Palantir Technologies Inc. (PLTR) CIK: 0001321655 --- Reporting Owner --- Name: Sankar Shyam CIK: 0001824159 Role: Officer (See Remarks) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-08-06 | Code: C (Conversion of derivative) Shares: +35,000 Shares Owned After: 677,786 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F2] The 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. [Transaction #2] Security: Class A Common Stock Date: 2026-08-06 | Code: S (Open market sale) Shares: -2,735 | Price: $153.40 Total Value: $419,561.58 Shares Owned After: 675,051 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F3] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.0726 to $153.594. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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: 2026-08-06 | Code: S (Open market sale) Shares: -6,191 | Price: $154.65 Total Value: $957,456.72 Shares Owned After: 668,860 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F4] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $154.1016 to $155.0576. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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: 2026-08-06 | Code: S (Open market sale) Shares: -16,063 | Price: $155.74 Total Value: $2,501,658.05 Shares Owned After: 652,797 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F5] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $155.2154 to $156.1851. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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: 2026-08-06 | Code: S (Open market sale) Shares: -7,976 | Price: $156.78 Total Value: $1,250,470.10 Shares Owned After: 644,821 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F6] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $156.2618 to $157.145. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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: 2026-08-06 | Code: S (Open market sale) Shares: -2,035 | Price: $157.44 Total Value: $320,397.52 Shares Owned After: 642,786 | Ownership: D (Direct) Footnotes: [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F7] This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $157.3622 to $157.5238. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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. --- Derivative Transactions --- [Transaction #1] Security: Class B Common Stock Date: 2026-08-06 | Code: C (Conversion of derivative) Shares: -35,000 | Price: $0.00 Shares Owned After: 3,628,598 | Ownership: D (Direct) Footnotes: [F2] The 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. [F2] The 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. [F1] This transaction is part of a related series of transactions undertaken on August 6, 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. 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. [F2] The 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. [F2] The 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. --- Holdings --- [Holding #1] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F8] These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein. --- Footnotes (Complete Index) --- F1: This transaction is part of a related series of transactions undertaken on August 6, 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. 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. F2: The 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. F3: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.0726 to $153.594. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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 $154.1016 to $155.0576. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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 $155.2154 to $156.1851. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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 $156.2618 to $157.145. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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 $157.3622 to $157.5238. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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: These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein. --- Signature --- /s/ /s/ Devon Klein, under power of attorney (2026-08-10)