Cohen Stephen Andrew has filed 56 Form 4 transactions, all in Palantir Technologies (PLTR), and every one of them has been on the sell side. Across the entire filing history, the total value of open-market sales is $197,955,129.48, with zero dollars in open-market purchases. The pattern is consistent: he sells, and he does not buy.
The most recent cluster of trades, all dated May 20, 2026, shows six separate sales totaling roughly $45.5 million. The largest single transaction that day was $24,520,045.17, followed by $13,427,956.16. Smaller sales of $2,998,426.57, $1,868,504.19, and $709,569.09 round out the day. These sales were paired with option exercises (code M) and conversions (code C), both valued at zero, which is typical of a pre-arranged disposition of shares acquired through compensation.
The prior quarter shows the same shape. On February 20, 2026, Cohen sold in five tranches totaling about $43.7 million, with the largest at $13,407,104.42. November 2025 was busier, with sales on both November 20 and November 21. The November 20 sales alone came to roughly $20.4 million across six transactions, and November 21 added another $6.1 million. In every instance, the sale values are substantial, and the exercise and conversion codes carry a zero value, meaning the cash flow is entirely from the sale of shares, not from the acquisition of new ones. The recent direction is unambiguous: 19 sales in the most recent period, no purchases, and a total sell value approaching $200 million.
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