Stat Lauren Elaina Friedman 4
Research Summary
AI-generated summary
Palantir (PLTR) Director Lauren Friedman Sells 400 Shares
What Happened Lauren Elaina Friedman, a director of Palantir Technologies Inc. (PLTR), sold 400 shares of Class A common stock in an open‑market transaction on February 2, 2026 at $151.14 per share, for a total proceeds of approximately $60,456. The sale was reported on a Form 4 filed February 4, 2026.
Key Details
- Transaction date and price: Feb 2, 2026 — 400 shares sold @ $151.14 each.
- Total value: ≈ $60,456.
- Transaction type/code: Open‑market sale (Code S).
- 10b5‑1 plan: Sale executed pursuant to a Rule 10b5‑1 trading plan entered Sept 4, 2025 (per footnote).
- Record/ownership note: Filing footnote states these shares are held of record by the Reporting Person’s spouse’s child’s 2025 gift trust, of which Friedman serves as trustee.
- Shares owned after transaction: Not specified on this Form 4; the filing notes it does not disclose all holdings — see the issuer’s April 25, 2025 proxy statement for fuller ownership details.
- Timeliness: Form 4 filed Feb 4, 2026 for a Feb 2 transaction; the filing appears timely (no late filing designation).
Context This was a routine open‑market sale under a prearranged 10b5‑1 plan, which provides an affirmative defense under insider trading rules and is commonly used to schedule sales in advance. Footnoted trust ownership does not necessarily indicate a change in personal economic exposure; the filing itself disclaims that it does not list all of Friedman's holdings. As with all insider sales, facts are disclosed here without inferring motive or future company outlook.