Karp Alexander C. 4

4 · Palantir Technologies Inc. · Filed Feb 24, 2026

Insider Transaction Report

Form 4

Period: 2026-02-20

Palantir Technologies Inc.PLTR

Karp Alexander C.

DirectorSee Remarks

Transactions

Conversion
Class A Common Stock
[F1][F2]
2026-02-20+403,025→ 6,835,283 total
Sale
Class A Common Stock
[F1][F3]
2026-02-20$132.03/sh−39,893$5,267,256→ 6,795,390 total
Sale
Class A Common Stock
[F1][F4]
2026-02-20$132.86/sh−124,338$16,519,795→ 6,671,052 total
Sale
Class A Common Stock
[F1][F5]
2026-02-20$133.76/sh−104,796$14,017,146→ 6,566,256 total
Sale
Class A Common Stock
[F1][F6]
2026-02-20$134.83/sh−110,800$14,939,120→ 6,455,456 total
Sale
Class A Common Stock
[F1][F7]
2026-02-20$135.73/sh−23,198$3,148,553→ 6,432,258 total
Conversion
Class A Common Stock
[F8][F2]
2026-02-20+90,000→ 6,522,258 total
Sale
Class A Common Stock
[F8][F9]
2026-02-20$132.01/sh−6,180$815,841→ 6,516,078 total
Sale
Class A Common Stock
[F8][F10]
2026-02-20$132.82/sh−20,259$2,690,731→ 6,495,819 total
Sale
Class A Common Stock
[F8][F11]
2026-02-20$133.73/sh−19,309$2,582,254→ 6,476,510 total
Sale
Class A Common Stock
[F8][F12]
2026-02-20$134.87/sh−35,656$4,809,042→ 6,440,854 total
Sale
Class A Common Stock
[F8][F13]
2026-02-20$135.67/sh−8,596$1,166,248→ 6,432,258 total
Exercise/Conversion
Restricted Stock Units
[F14][F1][F15][F2]
2026-02-20−877,500→ 18,427,500 total
Exp: 2031-05-20→ Class B Common Stock (877,500 underlying)
Exercise/Conversion
Class B Common Stock
[F2][F1]
2026-02-20+877,500→ 51,828,518 total
→ Class A Common Stock (877,500 underlying)
Exercise/Conversion
Restricted Stock Units
[F16][F1][F15][F2]
2026-02-20−97,500→ 2,047,500 total
Exp: 2031-05-20→ Class B Common Stock (97,500 underlying)
Exercise/Conversion
Class B Common Stock
[F2][F1]
2026-02-20+97,500→ 51,926,018 total
→ Class A Common Stock (97,500 underlying)
Conversion
Class B Common Stock
[F2][F1]
2026-02-20−403,025→ 51,522,993 total
→ Class A Common Stock (403,025 underlying)
Conversion
Class B Common Stock
[F2][F8]
2026-02-20−90,000→ 51,432,993 total
→ Class A Common Stock (90,000 underlying)

Footnotes (16)

[F1]This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on February 20, 2026, converted 403,025 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on February 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on February 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
[F10]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $132.30 to $133.28. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
[F11]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.30 to $134.29. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
[F12]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.30 to $135.29. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
[F13]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.30 to $136.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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.
[F14]These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
[F15]The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.
[F16]These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
[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 $131.34 to $132.33. 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 $132.34 to $133.3361. 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 $133.34 to $134.3303. 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 $134.34 to $135.33. 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 $135.34 to $136.14. 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]This transaction is part of a related series of transactions undertaken on February 20, 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 November 21, 2025. The Reporting Person converted 90,000 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.
[F9]This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $131.30 to $132.29. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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/ Justin V. Laubach, under power of attorney|2026-02-24

Documents

1 file

4
wk-form4_1771981719.xmlPrimary
FORM 4