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 (PLTR), sold a total of 16,000 shares of Class A common stock in open-market transactions on June 15, 2026, generating approximately $2,133,604 in proceeds. The sales were executed under a Rule 10b5-1 trading plan established December 11, 2025, and are reported as dispositions (sales).
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
- Individual reported sales (weighted-average prices; proceeds):
- 900 shares @ $130.48 = $117,430 (price range $129.85–$130.83)
- 3,600 shares @ $131.54 = $473,559 (price range $130.86–$131.85)
- 500 shares @ $132.55 = $66,274 (price range $131.95–$132.86)
- 4,000 shares @ $133.81 = $535,258 (price range $133.06–$134.04)
- 7,000 shares @ $134.44 = $941,083 (price range $134.06–$134.92)
- Total sold: 16,000 shares; total proceeds: ~$2.13 million.
- Notable footnotes: Sales were made in multiple executions and reported using weighted-average prices; the reporting person will provide per-trade details on request. The trades were executed pursuant to a Rule 10b5-1 plan (entered 12/11/2025).
- Shares owned after transaction: not disclosed on this Form 4; see Palantir’s proxy statement (filed Apr 24, 2026) for fuller ownership details.
- Timeliness: Filing appears timely (filed two days after the trade date).
Context
- These were open-market sales under a 10b5-1 plan—an established trading arrangement that can allow insiders to sell at pre-set times and is commonly used to provide an affirmative defense against insider trading claims. Sales alone do not necessarily indicate a change in the director’s view of the company; they may be routine or for personal liquidity/tax planning.