Palantir Technologies Inc.·4

May 22, 8:04 PM ET

Buckley Jeffrey 4

Research Summary

AI-generated summary

Updated

Palantir (PLTR) Chief Accounting Officer Jeffrey Buckley Sells Shares

What Happened

  • Jeffrey Buckley, Chief Accounting Officer of Palantir Technologies (PLTR), sold a total of 2,542 shares in open-market transactions on May 20 and May 22, 2026 for aggregate proceeds of approximately $346,954. Individual reported sales: 29 @ $132.95 ($3,856); 74 @ $134.20 ($9,931); 119 @ $135.09 ($16,076); 964 @ $136.08 ($131,182); 526 @ $136.61 ($71,859); and 830 @ $137.41 ($114,050).
  • These were sales (not purchases). Several of the sales were automatic to cover required tax-withholding in connection with RSU vesting.

Key Details

  • Transaction dates/prices: May 20, 2026 (multiple trades with weighted average prices reported between ~$132.48 and ~$136.515 across line items) and May 22, 2026 (830 shares @ $137.41).
  • Total shares sold: 2,542; estimated total proceeds: ~$346,954.
  • Shares owned after transaction: Not specified in this Form 4 filing (filing states it is not intended to disclose all holdings).
  • Notable footnotes:
    • F1: Some sales were automatic to cover tax withholding for vested RSUs.
    • F2–F6: Sales executed in multiple open-market trades; reported prices are weighted averages across price ranges.
    • F7: Sales were made pursuant to a Rule 10b5-1 trading plan entered May 30, 2025.
  • Filing timeliness: Reported on May 22, 2026 for transactions on May 20 and May 22 — no late filing flag indicated.

Context

  • Sales to cover tax withholding on vested restricted stock units are routine and do not necessarily indicate a change in insider sentiment. The presence of a Rule 10b5-1 plan means the sales were pre-planned (an affirmative defense under SEC rules).
  • This is a disposal (S = sale), not an acquisition, so it’s less informative about insider bullishness than a purchase would be.