Palantir Technologies Inc.·4

May 22, 8:03 PM ET

Taylor Ryan D. 4

4 · Palantir Technologies Inc. · Filed May 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Palantir (PLTR) CRO/CLO Ryan D. Taylor Sells Shares

What Happened
Ryan D. Taylor, who serves as Palantir's Chief Revenue Officer and Chief Legal Officer, sold a total of 19,662 shares of Palantir Technologies (PLTR) in multiple open‑market transactions on May 20, 2026. The sales were executed at prices ranging roughly from $132.48 to $136.835, producing aggregate gross proceeds of approximately $2,674,860. According to the filing, the transactions include automatic sales to cover required tax withholding associated with vested restricted stock units and were conducted under a Rule 10b5‑1 trading plan.

Key Details

  • Transaction date: May 20, 2026 (filed May 22, 2026; timely Form 4)
  • Shares sold: 19,662 total (individual lines: 328; 856; 1,364; 11,074; 6,040)
  • Prices reported (weighted averages per line): $132.95; $134.20; $135.09; $136.08; $136.61 — actual trades occurred across stated ranges $132.48–$136.835 (see footnotes F2–F6)
  • Gross proceeds: ≈ $2,674,860
  • Footnotes: F1 indicates automatic tax‑withholding sales tied to RSU vesting; all sales made in compliance with a Rule 10b5‑1 plan. F2–F6 note the sales were executed in multiple open‑market trades and the filing shows weighted average prices.
  • Shares owned after transaction: Not specified in this Form 4 (filing refers to the company’s April 24, 2026 proxy for detailed holdings).
  • Filing timeliness: Filed within normal Form 4 timing (no late filing indicated).

Context
These were sales, primarily to satisfy tax withholding on vested restricted stock units, and do not represent a purchase (which some investors view as a stronger signal of insider confidence). The use of a Rule 10b5‑1 plan and the tax‑withholding purpose are common and typically viewed as routine rather than an indicator of a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-05-20
Taylor Ryan D.
See Remarks
Transactions
  • Sale

    Class A Common Stock

    [F1][F2]
    2026-05-20$132.95/sh328$43,609219,093 total
  • Sale

    Class A Common Stock

    [F1][F3]
    2026-05-20$134.20/sh856$114,878218,237 total
  • Sale

    Class A Common Stock

    [F1][F4]
    2026-05-20$135.09/sh1,364$184,261216,873 total
  • Sale

    Class A Common Stock

    [F1][F5]
    2026-05-20$136.08/sh11,074$1,506,962205,799 total
  • Sale

    Class A Common Stock

    [F1][F6]
    2026-05-20$136.61/sh6,040$825,150199,759 total
Footnotes (6)
  • [F1]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.
  • [F2]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.
  • [F3]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.
  • [F4]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.
  • [F5]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.
  • [F6]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.
Signature
/s/ Devon Klein, under power of attorney|2026-05-22

Documents

1 file
  • 4
    wk-form4_1779494578.xmlPrimary

    FORM 4