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

Reporting relationship: Officer
Issuer ticker: PLTR
Reported as of: 20 Aug 2025
Net transaction value: -$56,699,646
SEC form: 4
Accepted by SEC: 22 Aug 2025, 19:55:46 UTC
Prior SEC filing: 13 Jun 2025
Next SEC filing: 08 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Justin V. Laubach, under power of attorney

Key filing fact

Shyam Sankar filed Form 4 for Palantir Technologies Inc. (PLTR) on 22 Aug 2025.

Key facts

This page summarizes Shyam Sankar's Form 4 filing for Palantir Technologies Inc. (PLTR).
18 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 22 Aug 2025, 19:55.

Change

Previous filing in this sequence was filed on 13 Jun 2025.
Current net transaction value: -$56,699,646.

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., 1200 17TH STREET, FLOOR 15, DENVER
Signature: /s/ Justin V. Laubach, under power of attorney
Signature date: 22 Aug 2025

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: +375,000
Change %: +53%
Price
Shares after: 1,077,786
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F2

PLTR transaction

Class A Common Stock

Sale

Transaction value: $1,875,063
Shares: -13,109
Change %: -1.2%
Price: $143.04
Shares after: 1,064,677
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F3

PLTR transaction

Class A Common Stock

Sale

Transaction value: $1,523,162
Shares: -10,596
Change %: -1%
Price: $143.75
Shares after: 1,054,081
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F4

PLTR transaction

Class A Common Stock

Sale

Transaction value: $2,105,935
Shares: -14,530
Change %: -1.4%
Price: $144.94
Shares after: 1,039,551
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F5

PLTR transaction

Class A Common Stock

Sale

Transaction value: $4,549,622
Shares: -31,141
Change %: -3%
Price: $146.10
Shares after: 1,008,410
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F6

PLTR transaction

Class A Common Stock

Sale

Transaction value: $2,495,283
Shares: -16,974
Change %: -1.7%
Price: $147.01
Shares after: 991,436
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F7

PLTR transaction

Class A Common Stock

Sale

Transaction value: $1,884,998
Shares: -12,721
Change %: -1.3%
Price: $148.18
Shares after: 978,715
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F8

PLTR transaction

Class A Common Stock

Sale

Transaction value: $3,243,074
Shares: -21,753
Change %: -2.2%
Price: $149.09
Shares after: 956,962
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F9

PLTR transaction

Class A Common Stock

Sale

Transaction value: $4,736,164
Shares: -31,587
Change %: -3.3%
Price: $149.94
Shares after: 925,375
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F10

PLTR transaction

Class A Common Stock

Sale

Transaction value: $1,415,853
Shares: -9,370
Change %: -1%
Price: $151.10
Shares after: 916,005
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F11

PLTR transaction

Class A Common Stock

Sale

Transaction value: $4,203,700
Shares: -27,628
Change %: -3%
Price: $152.15
Shares after: 888,377
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F12

PLTR transaction

Class A Common Stock

Sale

Transaction value: $8,150,101
Shares: -53,219
Change %: -6%
Price: $153.14
Shares after: 835,158
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F13

PLTR transaction

Class A Common Stock

Sale

Transaction value: $9,055,551
Shares: -58,739
Change %: -7%
Price: $154.17
Shares after: 776,419
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F14

PLTR transaction

Class A Common Stock

Sale

Transaction value: $4,397,745
Shares: -28,360
Change %: -3.7%
Price: $155.07
Shares after: 748,059
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F15

PLTR transaction

Class A Common Stock

Sale

Transaction value: $7,063,394
Shares: -45,273
Change %: -6.1%
Price: $156.02
Shares after: 702,786
Date: 20 Aug 2025
Ownership: Direct
Footnotes: F1, F16

PLTR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 749,899
Date: 20 Aug 2025
Ownership: See Footnote
Footnotes: F17

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: -375,000
Change %: -25%
Price: $0.000000
Shares after: 1,125,000
Date: 20 Aug 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 375,000
Exercise price: $11.38
Footnotes: F1, F2, F18

PLTR transaction Derivative

Class B Common Stock

Options Exercise

Transaction value: $0
Shares: +375,000
Change %: +13%
Price: $0.000000
Shares after: 3,276,853
Date: 20 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 375,000
Exercise price: $11.38
Footnotes: F1, F2

PLTR transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -375,000
Change %: -11%
Price: $0.000000
Shares after: 2,901,853
Date: 20 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 375,000
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 18 footnotes

Footnote 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.

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

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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F18

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

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 25, 2025, including under the heading "Security Ownership Of Certain Beneficial Owners And Management" (subject to the definitions, explanations, and time periods described therein).