July 2, 2026 · Form 4 insider transaction
Sankar Shyam sold 35,000 shares of Palantir Technologies Inc. at $130.00 per share, a transaction worth $4.55M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 5 days after the transaction.
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.