Shyam Sankar - 02 Jul 2026 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Reporting relationship: Officer
Issuer ticker: PLTR
Reported as of: 02 Jul 2026
Net transaction value: -$24,050,000
SEC form: 4
Accepted by SEC: 07 Jul 2026, 20:02:04 UTC
Prior SEC filing: 22 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Devon Klein, under power of attorney

Key filing fact

Shyam Sankar filed Form 4 for Palantir Technologies Inc. (PLTR) on 07 Jul 2026.

Key facts

This page summarizes Shyam Sankar's Form 4 filing for Palantir Technologies Inc. (PLTR).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Jul 2026, 20:02.

Change

Previous filing in this sequence was filed on 22 May 2026.
Current net transaction value: -$24,050,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001824159 Primary reporting owner

Sankar Shyam

Relationship: Officer
Address: C/O PALANTIR TECHNOLOGIES INC., 19505 BISCAYNE BOULEVARD, SUITE 2350, AVENTURA
Signature: /s/ Devon Klein, under power of attorney
Signature date: 07 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PLTR transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +35,000
Change %: +5.4%
Price
Shares after: 677,786
Date: 02 Jul 2026
Ownership: Direct
Footnotes: F1, F2

PLTR transaction

Class A Common Stock

Sale

Transaction value: $4,550,000
Shares: -35,000
Change %: -5.2%
Price: $130.00
Shares after: 642,786
Date: 02 Jul 2026
Ownership: Direct
Footnotes: F1

PLTR transaction

Class A Common Stock

Sale

Transaction value: $19,500,000
Shares: -150,000
Change %: -20%
Price: $130.00
Shares after: 599,899
Date: 02 Jul 2026
Ownership: See Footnote
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PLTR transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares: -35,000
Change %: -0.95%
Price: $0.000000^*
Shares after: 3,663,598
Date: 02 Jul 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 35,000
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

This transaction is part of a related series of transactions undertaken on July 2, 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 March 11, 2026 by the Reporting Person and the Sankar Irrevocable Remainder Trust u/a/d 4/20/2020 (the "Remainder Trust"). The Reporting Person converted 35,000 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, and the Remainder Trust sold 150,000 shares of Class A Common Stock in the open market.

Footnote 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.

Footnote F3

These shares are held of record by the Remainder Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.

SEC 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 24, 2026, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).