This cluster is routine post-vesting diversification by top executives. The derivative exercises (non-cash) and small open-market sales are typical of 10b5-1 plans or tax-liability management. No bearish signal — ignore for trading purposes. Monitor next earnings for any change in fundamentals.
Price Chart
Executive Summary
Six Palantir insiders, including CEO Alexander Karp and President Stephen Cohen, sold a total of $2.32M in open-market shares on May 20, 2026, following large-scale derivative exercises. The sales are part of a routine post-vesting liquidation pattern — the cash proceeds from exercised options are negligible relative to the company's $329B market cap (0.0007%), and the cluster is not informative per the academic literature on insider sales. The derivative exercises (non-cash) and conversions suggest standard tax-planning and diversification, not a bearish signal.
Key Financial Metrics
Key Facts
- 6 insiders sold $2.32M total in open-market transactions over 7 days
- CEO Karp sold 6,635 shares for $882K after exercising 1.755M options (non-cash)
- President Cohen sold 5,337 shares for $710K after exercising 1.35M options (non-cash)
- Total sales represent 0.0007% of Palantir's $329B market cap — trivial
- All sales occurred on May 20, 2026, suggesting a common blackout-window opening or vesting date
- No insider purchases were reported in the cluster
Financial Impact
Total open-market sales of $2.32M — immaterial relative to $329B market cap
Risk Factors
- Insider sales could accelerate if stock price continues to rise, but this is normal liquidity behavior
- No immediate risk — cluster is non-informative per academic literature on insider sales
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PLTR-1779494669445 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Press Release | $182.53 $167.23 | ▼ −8.38% | ▼ −7.23% | $190.31 (+4.26%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▲ +4.16% | ▲ +4.70% | $190.31 (+10.18%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▼ −4.16% | ▼ −4.70% | $190.31 (−10.18%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $190.31 (+8.79%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $190.31 (+8.79%) |
Jul 2, 2026 13w ago | ANALYST-UPGRADE | $129.30 $129.04 | ▼ −0.20% | ▼ −1.13% | $190.31 (+47.18%) |
Jun 18, 2026 15w ago | Insider Cluster | $128.47 $107.27 | ▼ −16.50% | ▼ −14.84% | $190.31 (+48.14%) |
Jun 16, 2026 15w ago | ANALYST-UPGRADE | $133.25 $116.70 | ▼ −12.42% | ▼ −10.19% | $190.31 (+42.82%) |
Jun 3, 2026 17w ago | Insider Cluster | $142.21 $130.21 | ▼ −8.44% | ▼ −4.62% | $190.31 (+33.83%) |
May 23, 2026 18w ago | Insider Cluster | $136.61 $152.20 | ▲ +11.41% | ▲ +10.20% | $190.31 (+39.31%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access