Palantir (PLTR) Director Lauren Friedman Sells 3,032 Shares

What Happened

Lauren Elaina Friedman, a director of Palantir Technologies (PLTR), sold 3,032 shares of Class A common stock in an open-market transaction on August 5, 2026. The shares were sold at $165.00 per share for total proceeds of $500,280. The sale was executed pursuant to a Rule 10b5-1 trading plan established on February 11, 2026, which is commonly used to preplan trades and provide an affirmative defense against insider trading claims.

Key Details

• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (timely filing).
• Shares sold: 3,032 at $165.00 per share; proceeds $500,280.
• Shares owned after transaction: not specified on this Form 4; the filing notes investors should consult the issuer’s April 24, 2026 Proxy Statement for broader ownership details.
• Footnotes: (F1) Sale made under a Feb 11, 2026 Rule 10b5-1 plan. (F2) These shares were held of record by the reporting person’s spouse’s child's 2025 gift trust, for which Friedman serves as trustee.
• Transaction type: Sale (code S) — proceeds realized, not a purchase or option exercise.

Context

This was a planned sale under a 10b5-1 trading arrangement, which typically indicates the trade was preauthorized and routine rather than an ad hoc insider sale. Sales do not necessarily signal a negative view of the company; for a full picture of Friedman's total holdings and potential related-party holdings, refer to the company’s proxy statement and prior filings.