Monitor for follow-up Form 4 filings to confirm if the 'C' transactions involve transfers to trusts or foundations — common for tax planning. Absent broader selling or negative fundamentals, this cluster does not suggest material concern.
Price Chart
Executive Summary
Five Palantir insiders, including CEO Alexander Karp and other executives, reported share movements on the same day. Four of the five transactions were marked as 'C' (likely for 'conversion' or 'change in beneficial ownership') with $0 trade value, while two executives — Taylor and Glazer — sold a combined 3,704 shares for approximately $489K at $132.03 per share. The cluster appears to reflect a routine ownership restructuring rather than a coordinated sell-off, but the small cash sales by mid-level executives may signal modest profit-taking.
Key Financial Metrics
Key Facts
- Five insiders reported transactions on 2026-02-20, all involving share adjustments with zero or market-price sales.
- CEO Alexander Karp, Shyam Sankar, and Stephen Cohen reported 'C' transactions of 403,025, 168,004, and 327,088 shares respectively at $0, likely reflecting internal equity restructuring or trust conversions.
- Ryan Taylor sold 1,978 shares at $132.0346 for $261,164; David Glazer sold 1,726 shares at same price for $227,892.
- Total cash proceeds from sales: ~$489,056, consistent with recent 30-day insider activity.
- No open-market purchases or large-scale divestitures by C-suite beyond normal planning.
Financial Impact
$489K in insider sales, minimal relative to company's $250B+ market cap
Risk Factors
- Perception risk if media misinterprets 'C' transactions as sales, potentially triggering short-term sentiment dip.
- Future larger-scale executive selling could indicate waning confidence, especially if share prices remain elevated.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-PLTR-1771981966945 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Press Release | $182.53 $167.23 | ▼ −8.38% | ▼ −7.23% | $190.04 (+4.11%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▲ +4.16% | ▲ +4.70% | $190.04 (+10.02%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▼ −4.16% | ▼ −4.70% | $190.04 (−10.02%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $190.04 (+8.63%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $190.04 (+8.63%) |
Jul 2, 2026 13w ago | ANALYST-UPGRADE | $129.30 $129.04 | ▼ −0.20% | ▼ −1.13% | $190.04 (+46.98%) |
Jun 18, 2026 15w ago | Insider Cluster | $128.47 $107.27 | ▼ −16.50% | ▼ −14.84% | $190.04 (+47.93%) |
Jun 16, 2026 15w ago | ANALYST-UPGRADE | $133.25 $116.70 | ▼ −12.42% | ▼ −10.19% | $190.04 (+42.62%) |
Jun 3, 2026 17w ago | Insider Cluster | $142.21 $130.21 | ▼ −8.44% | ▼ −4.62% | $190.04 (+33.64%) |
May 23, 2026 18w ago | Insider Cluster | $136.61 $152.20 | ▲ +11.41% | ▲ +10.20% | $190.04 (+39.11%) |
US Market Status
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