Insider trade

Palantir director Alexander C. Karp sold about $1.17M of shares under a pre-set plan

Traded Feb 20, 2026 · Filed Feb 25, 2026

~$1.17M
Reported value · 8,596 sh @ $135.6733: 6.43M
Holds after · shares reported: +40.0%
stock since the trade · S&P 500 +12.4%, $135.24 → $189.40 on Oct 5

Why it stands out

Alexander C. Karp sold roughly $1.17 million of Palantir shares on February 20, 2026. This sale was part of a plan set up in advance, making the timing routine and not a new decision; insiders at Palantir frequently sell shares this way.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Routine for them: 32 sales in the past year
10 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: Feb 20, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 25, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,166,248

Shares × reported transaction price

Timing vs results

18 days after results of Feb 2, 2026, 73 days before results of May 4, 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 $135.24 on Feb 20, 2026, 83% above its 52-week low and 35% below its high, after a 26% drop over the previous 30 trading days

52-week range $74.01 (Apr 4, 2025) to $207.18 (Nov 3, 2025), 46% of the way up, from 251 adjusted closes. 30 trading days earlier: $181.68 on Jan 7, 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	+14.2%	-1.2%	+15.3%
30 days	+6.6%	-8.5%	+15.1%
90 days	+1.8%	+8.3%	-6.5%
180 days	+31.1%	+10.1%	+20.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001823951-26-000006
Filed / recorded: Feb 25, 2026, 1:08 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: Feb 20, 2026
Transaction code: S
Shares / units: 8,596
Price per share: $135.6733
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 undertaken on February 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on November 21, 2025. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.
This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.30 to $136.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) 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 ~$1.07M of Palantir

Scheduled in advance7mo ago

Director sold ~$1.32M of Palantir

Scheduled in advance7mo ago

Director sold ~$46K of Palantir

Scheduled in advance7mo ago