Moore Alexander D. 4
Research Summary
AI-generated summary
Palantir (PLTR) Director Alexander D. Moore Sells 16,000 Shares
What Happened
Alexander D. Moore, a director of Palantir Technologies Inc. (PLTR), sold a total of 16,000 shares of Class A common stock in open-market transactions on March 16, 2026. The sales were reported as three grouped transactions with weighted average prices of $151.99 (7,045 shares), $152.72 (8,655 shares), and $153.51 (300 shares), producing aggregate proceeds of approximately $2,438,623. These were disposals (S = Sale), not purchases.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
- Reported prices: weighted averages $151.99, $152.72, $153.51; total proceeds ≈ $2.44M. Actual trades occurred across price ranges of $151.31 to $153.68.
- Shares owned after transaction: Not disclosed on this Form 4; the filer refers to the issuer’s proxy statement for broader ownership detail.
- Notable footnote: Sales were executed pursuant to a Rule 10b5-1 trading plan entered December 11, 2025 (provides affirmative defense under SEC rules). The filing notes the sales were executed in multiple open-market trades and the reporter can provide per-price breakdowns on request.
- Transaction code: S = Sale.
Context
A Rule 10b5-1 plan indicates these trades were pre-planned and are commonly used by insiders to sell stock on a scheduled basis; such sales are often routine and do not by themselves indicate management sentiment about the company. Purchases generally carry more weight for signaling intent than routine plan-based sales.