Sankar Shyam bought PLTR
August 21, 2025 · Form 4 insider transaction
Sankar Shyam bought 77,769 shares of Palantir Technologies Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
This transaction is part of a related series of transactions. The Reporting Person acquired rights to 375,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2025, converted 93,092 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2025 and then converted 77,769 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 21, 2025. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2025 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.; 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.