Palantir Technologies Inc. [PLTR] has disclosed that Taylor Ryan D., a member of the company's board of directors, has sold 30,000 shares at a price of $175 per share on August 5, 2025.
Palantir Technologies Inc. [PLTR] has disclosed that Taylor Ryan D., a member of the company's board of directors, sold 30,000 shares of the company's Class A Common Stock on August 5, 2025. The transaction was executed at a price of $175 per share [1].
According to the SEC filing, the sale was part of a series of transactions undertaken pursuant to a preexisting Rule 10b5-1 trading plan. The plan was designed to satisfy the affirmative defense conditions of Rule 10b5-1(c) and was entered into on March 12, 2025. In this particular transaction, Taylor Ryan D. converted 30,000 shares of Class B Common Stock to Class A Common Stock and then sold the resulting shares of Class A Common Stock in the open market [1].
The Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis and has no expiration date. The transaction was reported as part of the company's ongoing efforts to comply with regulatory requirements and provide transparency to shareholders [1].
As of the current date, the market price of Palantir Technologies Inc. [PLTR] stock has not been significantly impacted by this transaction. The company's overall financial performance and strategic initiatives continue to be closely monitored by investors and financial professionals.
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+4+Palantir+Technologies+For%3A+Aug+05+Filed+by%3A+Taylor+Ryan+D./25169852.html
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