Palantir Technologies Inc. — Director's Dealing 2025

Mar 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palantir Technologies Inc. (PLTR)
CIK: 0001321655
Period of Report: 2025-03-12

Reporting Person: Cohen Stephen Andrew (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-12	Class A Common Stock	C	1250000	—	Acquired	1250592	Direct
2025-03-12	Class A Common Stock	S	107584	$80.6297	Disposed	1143008	Direct
2025-03-12	Class A Common Stock	S	190809	$81.4383	Disposed	952199	Direct
2025-03-12	Class A Common Stock	S	293040	$82.4142	Disposed	659159	Direct
2025-03-12	Class A Common Stock	S	511945	$83.4855	Disposed	147214	Direct
2025-03-12	Class A Common Stock	S	146622	$84.098	Disposed	592	Direct
2025-03-13	Class A Common Stock	C	1250000	—	Acquired	1250592	Direct
2025-03-13	Class A Common Stock	S	309208	$79.0591	Disposed	941384	Direct
2025-03-13	Class A Common Stock	S	579512	$79.786	Disposed	361872	Direct
2025-03-13	Class A Common Stock	S	148358	$80.6481	Disposed	213514	Direct
2025-03-13	Class A Common Stock	S	113212	$81.8764	Disposed	100302	Direct
2025-03-13	Class A Common Stock	S	94161	$82.8745	Disposed	6141	Direct
2025-03-13	Class A Common Stock	S	5549	$83.4866	Disposed	592	Direct
2025-03-14	Class A Common Stock	C	1250000	—	Acquired	1250592	Direct
2025-03-14	Class A Common Stock	S	186092	$82.882	Disposed	1064500	Direct
2025-03-14	Class A Common Stock	S	65986	$83.6143	Disposed	998514	Direct
2025-03-14	Class A Common Stock	S	225819	$84.9238	Disposed	772695	Direct
2025-03-14	Class A Common Stock	S	454784	$85.7941	Disposed	317911	Direct
2025-03-14	Class A Common Stock	S	317319	$86.6433	Disposed	592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-12	Employee Stock Option (Right to buy)	$4.72	M	1250000	Disposed	2030-06-08	Class B Common Stock (1250000)	Direct
2025-03-12	Class B Common Stock	$4.72	M	1250000	Acquired		Class A Common Stock (1250000)	Direct
2025-03-12	Class B Common Stock	$	M	1250000	Disposed		Class A Common Stock (1250000)	Direct
2025-03-13	Employee Stock Option (Right to buy)	$4.72	M	1250000	Disposed	2030-06-08	Class B Common Stock (1250000)	Direct
2025-03-13	Class B Common Stock	$4.72	M	1250000	Acquired		Class A Common Stock (1250000)	Direct
2025-03-13	Class B Common Stock	$	M	1250000	Disposed		Class A Common Stock (1250000)	Direct
2025-03-14	Employee Stock Option (Right to buy)	$4.72	M	1250000	Disposed	2030-06-08	Class B Common Stock (1250000)	Direct
2025-03-14	Class B Common Stock	$4.72	M	1250000	Acquired		Class A Common Stock (1250000)	Direct
2025-03-14	Class B Common Stock	$	M	1250000	Disposed		Class A Common Stock (1250000)	Direct

Footnotes

F1: This transaction is part of a related series of transactions undertaken on March 12, 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 December 11, 2024. The Reporting Person exercised 1,250,000 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.

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.

F3: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $79.92 to $80.91. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (4), (5), (6) and (7) for sales executed in other 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.

F4: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $80.92 to $81.91. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3), (5), (6) and (7) for sales executed in other 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.

F5: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $81.92 to $82.91. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3), (4), (6) and (7) for sales executed in other 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.

F6: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $82.92 to $83.91. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3), (4), (5) and (7) for sales executed in other 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.

F7: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $83.92 to $84.52. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3), (4), (5) and (6) for sales executed in other 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.

F8: This transaction is part of a related series of transactions undertaken on March 13, 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 December 11, 2024. The Reporting Person exercised 1,250,000 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.

F9: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $78.37 to $79.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (10), (11), (12), (13) and (14) for sales executed in other 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.

F10: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $79.37 to $80.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9), (11), (12), (13) and (14) for sales executed in other 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.

F11: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $80.37 to $81.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9), (10), (12), (13) and (14) for sales executed in other 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.

F12: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $81.37 to $82.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9), (10), (11), (13) and (14) for sales executed in other 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.

F13: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $82.37 to $83.36. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9), (10), (11), (12) and (14) for sales executed in other 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.

F14: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $83.37 to $83.70. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9), (10), (11), (12) and (13) for sales executed in other 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.

F15: This transaction is part of a related series of transactions undertaken on March 14, 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 December 11, 2024. The Reporting Person exercised 1,250,000 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.

F16: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $82.27 to $83.26. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (17), (18), (19) and (20) for sales executed in other 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.

F17: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $83.27 to $84.26. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (16), (18), (19) and (20) for sales executed in other 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.

F18: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $84.27 to $85.26. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (16), (17), (19) and (20) for sales executed in other 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.

F19: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $85.27 to $86.26. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (16), (17), (18) and (20) for sales executed in other 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.

F20: This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $86.27 to $87.23. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (16), (17), (18) and (19) for sales executed in other 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.

F21: The options exercised in this transaction were fully vested and exercisable as of the transaction date.