Insider trade

Palantir director Alexander C. Karp sold ~$16.7M of shares under a pre-set plan

Traded May 20, 2026 · Filed May 23, 2026

PalantirPLTR

~$16.7M
Reported value · 122K sh @ $136.6143: 6.43M
Holds after · shares reported: +38.6%
stock since the trade · S&P 500 +3.1%, $137.15 → $190.04 on Oct 1

Why it stands out

A board member of Palantir sold $16.7M of Palantir shares. It was planned long ago, so it says very little.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Sold 2% of their holdings
Routine for them: 37 sales in the past year
9 insiders at Palantir sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 20, 2026
Reporting period: Not applicable
Filed with the SEC: May 23, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$16,693,584

Shares × reported transaction price

Timing vs results

16 days after results of May 4, 2026, 75 days before results of Aug 3, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $137.15 on May 20, 2026, 14% above its 52-week low and 34% below its high, after a 3% drop over the previous 30 trading days

52-week range $119.91 (Jun 5, 2025) to $207.18 (Nov 3, 2025), 20% of the way up, from 251 adjusted closes. 30 trading days earlier: $140.76 on Apr 8, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+11.4%	+1.2%	+10.2%
30 days	-21.5%	-2.2%	-19.3%
90 days	+28.8%	+1.7%	+27.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001823951-26-000007
Filed / recorded: May 23, 2026, 12:02 AM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Palantir Technologies Inc.
Issuer CIK: 1321655
Ticker: PLTR
Reporting person: Alexander C. Karp
Relationship: Director, Officer
Officer title: See Remarks
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: May 20, 2026
Transaction code: S
Shares / units: 122,195
Price per share: $136.6143
Acquired / disposed: Disposed (D)
Shares owned after: 6,432,258
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on May 20, 2026, converted 397,744 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on May 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $136.52 to $136.835. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) 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.

Around the same time

Director sold ~$117K of Palantir

Scheduled in advance4mo ago

Director sold ~$474K of Palantir

Scheduled in advance4mo ago

Director sold ~$66K of Palantir

Scheduled in advance4mo ago

Why it stands out

Dates, kept separate

Context

After it was reported

Source receipt

Footnotes from the filing

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