Palantir (PLTR) Director Alexander D. Moore Sells 16,000 Shares
$PLTR · Palantir Technologies Inc.Research Summary
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Palantir (PLTR) Director Alexander D. Moore Sells 16,000 Shares
What Happened
Alexander D. Moore, a director of Palantir Technologies Inc., sold a total of 16,000 shares of Palantir Class A common stock in open-market transactions on July 15, 2026. The sales break down as: 11,800 shares at a weighted average price of $133.75 ($1,578,256), 3,100 shares at $134.55 ($417,120), 1,000 shares at $135.72 ($135,715), and 100 shares at $136.79 ($13,679), for total proceeds of approximately $2,144,770. These sales were reported on a Form 4 filed July 17, 2026. The filer notes the trades were executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: July 15, 2026 (Form 4 filed July 17, 2026; appears to be within the normal 2-business-day reporting window).
- Transaction type: Open-market sales (Code S). Total shares sold: 16,000; total proceeds: ~$2,144,770.
- Reported prices and notes:
- 11,800 shares at $133.75 (weighted avg; trades in range $133.20–$134.18).
- 3,100 shares at $134.55 (weighted avg; trades in range $134.20–$135.04).
- 1,000 shares at $135.72 (weighted avg; trades in range $135.27–$136.14).
- 100 shares at $136.79.
- The reporting person undertakes to provide, upon request, the number of shares sold at each separate sale price.
- Footnote: Transactions were executed under a Rule 10b5-1 trading plan entered December 11, 2025 (provides affirmative defense for pre-scheduled trades).
- Shares owned after transaction: Not disclosed on this Form 4; the filing notes overall holdings are described in the issuer’s Proxy Statement filed April 24, 2026.
Context
These were scheduled open-market sales under a 10b5-1 plan, which typically allows insiders to sell pre-planned amounts at set times and can limit inference about timing or insider knowledge. For retail investors, purchases tend to be more informative about insider sentiment than routine sales; this filing documents a routine disposition under a documented trading plan rather than an unscheduled sale disclosed outside a plan.