Tax-withholding sale: Palantir (NYSE: PLTR) officer David Glazer sells shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Palantir Technologies Inc. officer David A. Glazer reported selling 17,128 shares of Class A common stock on May 20, 2026. The filing describes multiple open-market transactions at weighted average prices, with trade price ranges from $132.48 to $136.835 per share.

According to a footnote, the sale was an automatic transaction to cover required tax withholding obligations tied to the vesting of restricted stock units and was conducted under Glazer’s Rule 10b5-1 trading plan. After these transactions, one reported line shows Glazer directly holding 375,242 Class A shares.

Insider Trade Summary

Net Seller: 17,128 shares ($2,330,130)

Net Sell 5 txns

Insider Glazer David A.

Role See Remarks

Sold 17,128 shs ($2.33M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	286	$132.9528	$38K
Sale	Class A Common Stock	745	$134.2027	$100K
Sale	Class A Common Stock	1,188	$135.0886	$160K
Sale	Class A Common Stock	9,647	$136.0811	$1.31M
Sale	Class A Common Stock	5,262	$136.6143	$719K

Holdings After Transaction: Class A Common Stock — 392,084 shares (Direct, null)

Footnotes (1)

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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.48 to $133.43. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.52 to $134.51. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.52 to $135.51. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.52 to $136.515. 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. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $136.52 to $136.835. 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.

Key Figures

Shares sold: 17,128 shares Sale price (example high): $136.6143 per share Sale price (example low): $132.9528 per share +2 more

5 metrics

Shares sold 17,128 shares Total Palantir Class A shares sold on May 20, 2026

Sale price (example high) $136.6143 per share One reported weighted average price for open-market sales

Sale price (example low) $132.9528 per share Another reported weighted average price for open-market sales

Shares held after transaction 375,242 shares Direct Class A holdings reported following one sale line

Number of sale transactions 5 transactions Non-derivative open-market sale entries reported in Form 4

Key Terms

Rule 10b5-1 trading plan, restricted stock units, automatic sale, weighted average sale price, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"All sales were conducted in compliance with the Reporting Person's 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.

restricted stock units financial

"required tax withholding obligations in connection with the vesting of restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

automatic sale financial

"This transaction represents an automatic sale of shares to cover required tax withholding obligations"

weighted average sale price financial

"The price reported above reflects the weighted average sale price of trades occurring within that price range."

open market sales financial

"sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging"

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 08:03 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Glazer David A.

(Last)

(First)

(Middle)

C/O PALANTIR TECHNOLOGIES INC.

19505 BISCAYNE BOULEVARD, SUITE 2350

(Street)

AVENTURA

FLORIDA

33180

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Palantir Technologies Inc. [ PLTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/20/2026		S⁽¹⁾		286	D	$132.9528⁽²⁾	392,084	D
Class A Common Stock	05/20/2026		S⁽¹⁾		745	D	$134.2027⁽³⁾	391,339	D
Class A Common Stock	05/20/2026		S⁽¹⁾		1,188	D	$135.0886⁽⁴⁾	390,151	D
Class A Common Stock	05/20/2026		S⁽¹⁾		9,647	D	$136.0811⁽⁵⁾	380,504	D
Class A Common Stock	05/20/2026		S⁽¹⁾		5,262	D	$136.6143⁽⁶⁾	375,242	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.48 to $133.43. 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.

3. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.52 to $134.51. 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.

4. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.52 to $135.51. 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.

5. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.52 to $136.515. 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.

6. This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $136.52 to $136.835. 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.

Remarks:

Officer title: Chief Financial Officer and Treasurer. 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).

	/s/ Devon Klein, under power of attorney	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Palantir (PLTR) officer David Glazer report in this Form 4?

David A. Glazer reported selling 17,128 Palantir Class A shares in multiple open-market trades on May 20, 2026. The filing shows these as routine transactions linked to restricted stock unit vesting and conducted under a pre-established Rule 10b5-1 trading plan.

How many Palantir (PLTR) shares did David Glazer sell and at what prices?

Glazer sold 17,128 Palantir Class A shares across several open-market trades. Footnotes state the sales occurred at prices ranging from about $132.48 to $136.835 per share, with each line item reflecting a weighted average sale price within specified ranges.

Why were David Glazer’s Palantir (PLTR) shares sold according to the Form 4?

The filing explains the sale was automatic to cover required tax withholding obligations from vesting restricted stock units. This means shares were sold to pay taxes triggered by equity compensation rather than as a discretionary decision to reduce his overall investment stake.

Was David Glazer’s Palantir (PLTR) stock sale made under a Rule 10b5-1 plan?

Yes. A footnote states all sales were conducted in compliance with Glazer’s Rule 10b5-1 trading plan. Such plans pre-schedule trades, which can indicate the timing of these sales was predetermined rather than based on short-term market conditions or new information.

How many Palantir (PLTR) shares does David Glazer hold after these transactions?

One transaction line reports that Glazer directly holds 375,242 Palantir Class A shares following the sales. This figure comes from the total shares following that reported transaction and shows he retains a substantial remaining equity position in the company.

Do the Palantir (PLTR) Form 4 footnotes mention weighted average sale prices?

Yes. Several footnotes explain each reported price is a weighted average for multiple trades. They also note individual trade prices fell within specified ranges and that detailed trade-level information is available upon request to regulators, the issuer, or its security holders.