Shyam Sankar - Aug 20, 2025 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Role
Officer
Signature
/s/ Justin V. Laubach, under power of attorney
Stock symbol
PLTR
Transactions as of
Aug 20, 2025
Transactions value $
-$56,699,646
Form type
4
Date filed
8/22/2025, 07:55 PM
Previous filing
Jun 13, 2025
Next filing
Sep 8, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sankar Shyam Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER /s/ Justin V. Laubach, under power of attorney 2025-08-22 0001824159

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLTR Class A Common Stock Conversion of derivative security +375K +53.36% 1.08M Aug 20, 2025 Direct F1, F2
transaction PLTR Class A Common Stock Sale -$1.88M -13.1K -1.22% $143.04 1.06M Aug 20, 2025 Direct F1, F3
transaction PLTR Class A Common Stock Sale -$1.52M -10.6K -1% $143.75 1.05M Aug 20, 2025 Direct F1, F4
transaction PLTR Class A Common Stock Sale -$2.11M -14.5K -1.38% $144.94 1.04M Aug 20, 2025 Direct F1, F5
transaction PLTR Class A Common Stock Sale -$4.55M -31.1K -3% $146.10 1.01M Aug 20, 2025 Direct F1, F6
transaction PLTR Class A Common Stock Sale -$2.5M -17K -1.68% $147.01 991K Aug 20, 2025 Direct F1, F7
transaction PLTR Class A Common Stock Sale -$1.88M -12.7K -1.28% $148.18 979K Aug 20, 2025 Direct F1, F8
transaction PLTR Class A Common Stock Sale -$3.24M -21.8K -2.22% $149.09 957K Aug 20, 2025 Direct F1, F9
transaction PLTR Class A Common Stock Sale -$4.74M -31.6K -3.3% $149.94 925K Aug 20, 2025 Direct F1, F10
transaction PLTR Class A Common Stock Sale -$1.42M -9.37K -1.01% $151.10 916K Aug 20, 2025 Direct F1, F11
transaction PLTR Class A Common Stock Sale -$4.2M -27.6K -3.02% $152.15 888K Aug 20, 2025 Direct F1, F12
transaction PLTR Class A Common Stock Sale -$8.15M -53.2K -5.99% $153.14 835K Aug 20, 2025 Direct F1, F13
transaction PLTR Class A Common Stock Sale -$9.06M -58.7K -7.03% $154.17 776K Aug 20, 2025 Direct F1, F14
transaction PLTR Class A Common Stock Sale -$4.4M -28.4K -3.65% $155.07 748K Aug 20, 2025 Direct F1, F15
transaction PLTR Class A Common Stock Sale -$7.06M -45.3K -6.05% $156.02 703K Aug 20, 2025 Direct F1, F16
holding PLTR Class A Common Stock 750K Aug 20, 2025 See Footnote F17

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLTR Employee Stock Option (Right to buy) Options Exercise $0 -375K -25% $0.00 1.13M Aug 20, 2025 Class B Common Stock 375K $11.38 Direct F1, F2, F18
transaction PLTR Class B Common Stock Options Exercise $0 +375K +12.92% $0.00 3.28M Aug 20, 2025 Class A Common Stock 375K $11.38 Direct F1, F2
transaction PLTR Class B Common Stock Conversion of derivative security $0 -375K -11.44% $0.00 2.9M Aug 20, 2025 Class A Common Stock 375K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction is part of a related series of transactions undertaken on August 20, 2025 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2025. The Reporting Person exercised 375,000 vested Class B Common Stock options, converted the resulting shares of Class B Common Stock to Class A Common Stock, and immediately sold the shares of Class A Common Stock in the open market.
F2 The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.
F3 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $142.405 to $143.39. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F4 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $143.405 to $144.30. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $144.495 to $145.485. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F6 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $145.50 to $146.485. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F7 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $146.50 to $147.48. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F8 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $147.545 to $148.54. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F9 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $148.55 to $149.545. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F10 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $149.55 to $150.49. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F11 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $150.59 to $151.57. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F12 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $151.60 to $152.58. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F13 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $152.64 to $153.63. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F14 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.65 to $154.625. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F15 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $154.65 to $155.63. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F16 This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $155.65 to $156.345. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (16) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F17 These shares are held of record by Shyam Sankar, Co-Trustee of the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). These shares were not subject to a particular transaction during the dates covered by this Form 4 and are listed here to disclose the Reporting Person's holdings as required by Securities and Exchange Commission rules. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.
F18 The options exercised in this transaction were fully vested and exercisable as of the transaction date.

Remarks:

Officer title: Chief Technology Officer and Executive Vice President. This Form 4 has been compiled based on applicable requirements to reflect the specific transactions described herein and is not intended to disclose or describe all shares and/or other equity securities owned or beneficially held by the Reporting Person. For additional details regarding the Reporting Person's overall stock and equity holdings, please see the Issuer's Proxy Statement filed with the Securities and Exchange Commission on April 25, 2025, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).