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 Palantir (PLTR) director, sold a total of 16,000 shares of Class A common stock in open-market transactions on April 15, 2026, for aggregate proceeds of approximately $2,230,580. The filing lists eight tranches (weighted average prices and proceeds): 500 @ $135.70 = $67,852; 1,037 @ $136.68 = $141,734; 3,603 @ $137.81 = $496,535; 2,353 @ $138.73 = $326,441; 3,353 @ $139.73 = $468,521; 1,596 @ $140.46 = $224,167; 3,342 @ $142.00 = $474,569; 216 @ $142.41 = $30,761. All transactions are reported as sales (S).
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (timely filing).
- Total sold: 16,000 shares for ~$2,230,580.
- Reported price range across executions: roughly $135.17 to $142.259 (footnotes report per-tranche price ranges; the line prices above are weighted averages).
- Footnote F1: Sales were executed under a Rule 10b5-1 trading plan entered December 11, 2025.
- Footnotes F2–F8: Each line reflects multiple executions within stated price ranges; the filer will provide detailed per-price breakdown on request to the SEC, issuer, or a security holder.
- Shares owned after the transaction: not disclosed in this Form 4 (see Palantir proxy or other filings for total holdings).
- Transaction code: S = Sale.
Context
- These sales were executed under a pre-established 10b5-1 plan, which is a common way executives/directors systematically sell shares and can provide an affirmative defense against insider trading claims. Such routine plan sales do not necessarily indicate a change in insider sentiment.
- For retail investors: purchases by insiders tend to be more directly interpreted as a bullish signal; routine plan sales are often scheduled for diversification or liquidity needs.