Peter Thiel (NYSE: PLTR) LLCs sell 2M Palantir shares under 10b5-1 plan
Rhea-AI Filing Summary
Palantir Technologies director Peter Thiel, through entities he beneficially owns, reported open-market sales of an aggregate 2,000,000 shares of Class A common stock of Palantir Technologies Inc. pursuant to a preexisting Rule 10b5-1 trading plan adopted on November 14, 2025.
The reported sales on March 2, 2026 were executed in multiple trades at weighted average prices including $140.9739, $142.2131, $143.2751, $144.1774, $145.1654, $146.1385 and $146.8003, with underlying trade ranges from $140.67 up to $147.137.
The filing notes that the sold shares were held of record by STS Holdings II LLC, for which Thiel is the sole beneficial owner, and also discloses additional indirect holdings of 34,260,451, 20,823,993 and 53,487 Palantir shares through Rivendell 7 LLC, PLTR Holdings LLC and Rivendell 25 LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,026 | $140.9739 | $7.05M |
| Sale | Class A Common Stock | 46,722 | $142.2131 | $6.64M |
| Sale | Class A Common Stock | 222,837 | $143.2751 | $31.93M |
| Sale | Class A Common Stock | 419,113 | $144.1774 | $60.43M |
| Sale | Class A Common Stock | 721,136 | $145.1654 | $104.68M |
| Sale | Class A Common Stock | 488,783 | $146.1385 | $71.43M |
| Sale | Class A Common Stock | 51,383 | $146.8003 | $7.54M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the holder on November 14, 2025. This transaction was executed in multiple trades at prices ranging from $140.67 to $141.66. The price above reflects the weighted average sale price. 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. These shares are held of record by STS Holdings II LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by STS Holdings II LLC. This transaction was executed in multiple trades at prices ranging from $141.67 to $142.66. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $142.67 to $143.66. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $143.67 to $144.6691. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $144.67 to $145.6684. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $145.67 to $146.6696. The price above reflects the weighted average sale price. 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 was executed in multiple trades at prices ranging from $146.67 to $147.137. The price above reflects the weighted average sale price. 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. These shares were not subject to a particular transaction during the date covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. These shares are held of record by Rivendell 7 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 7 LLC. These shares are held of record by PLTR Holdings LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by PLTR Holdings LLC. These shares are held of record by Rivendell 25 LLC, of which the Reporting Person is the sole beneficial owner. The Reporting Person has beneficial ownership over the securities held by Rivendell 25 LLC.