Sankar Shyam sold PLTR
July 2, 2026 · Form 4 insider transaction
Sankar Shyam sold 150,000 shares of Palantir Technologies Inc. at $130.00 per share, a transaction worth $19.50M. 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.
Footnotes
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.; These shares are held of record by the Remainder Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Remainder Trust, except to the extent of his pecuniary interest therein.