Heather A. Planishek - 05 Nov 2024 Form 4 Insider Report for Palantir Technologies Inc. (PLTR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Nov 2024, 20:03:49 UTC
Prior SEC filing
07 Oct 2024
Next SEC filing
22 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Justin V. Laubach, under power of attorney

Key filing fact

Heather A. Planishek filed Form 4 for Palantir Technologies Inc. (PLTR) on 07 Nov 2024.

Key facts

  • This page summarizes Heather A. Planishek's Form 4 filing for Palantir Technologies Inc. (PLTR).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Nov 2024, 20:03.

Change

  • Previous filing in this sequence was filed on 07 Oct 2024.
  • Current net transaction value: -$904,850.

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

Reported non-derivative transactions

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

PLTR transaction

Class A Common Stock

Options Exercise

Transaction value
$47,200
Shares
+10,000
Change %
+1.8%
Price
$4.72
Shares after
572,006
Date
05 Nov 2024
Ownership
Direct
Footnotes
F1
PLTR transaction

Class A Common Stock

Options Exercise

Transaction value
$47,200
Shares
+10,000
Change %
+1.7%
Price
$4.72
Shares after
582,006
Date
05 Nov 2024
Ownership
Direct
Footnotes
F1
PLTR transaction

Class A Common Stock

Sale

Transaction value
$999,250
Shares
-20,000
Change %
-3.4%
Price
$49.96
Shares after
562,006
Date
05 Nov 2024
Ownership
Direct
Footnotes
F1, F2
PLTR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,130
Date
05 Nov 2024
Ownership
See Footnote
Footnotes
F3

Reported derivative securities

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

PLTR transaction Derivative

Employee Stock Option (Right to buy)

Options Exercise

Transaction value
$0
Shares
-10,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
05 Nov 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,000
Exercise price
$4.72
Footnotes
F1, F4
PLTR transaction Derivative

Employee Stock Option (Right to buy)

Options Exercise

Transaction value
$0
Shares
-10,000
Change %
-77%
Price
$0.000000
Shares after
2,986
Date
05 Nov 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,000
Exercise price
$4.72
Footnotes
F1, F4
* 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 4 footnotes

Footnote F1

This transaction is part of a related series of transactions undertaken on November 5, 2024 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on May 13, 2024. The Reporting Person exercised 20,000 vested Class A Common Stock options and immediately sold the shares of Class A Common Stock in the open market.

Footnote F2

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $49.95 to $49.97. The price reported above reflects the weighted average sale price of trades occurring within that price range. 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.

Footnote F3

These shares are held of record by the Reporting Person as Custodian for a minor child under the Uniform Transfers to Minors Act (CO). The Reporting Person disclaims beneficial ownership of these shares, except to the extent of her pecuniary interest therein.

Footnote F4

The options exercised in this transaction were fully vested and exercisable as of the transaction date.

SEC remarks

Officer title: Chief Accounting Officer. 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.

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