Palantir Technologies Director Lauren Stat Files Form 144 to Sell $975K in Common Stock
Palantir Technologies Inc.
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Company: Palantir Technologies Inc. ($PLTR) Insider: Lauren Stat (Director) Shares to Sell: 5,026 Common Shares Aggregate Market Value: $975,647.12 (~$194.12/share) Plan Adoption Date: February 11, 2026 (Rule 10b5-1) Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Executive Summary
On October 8, 2026, Palantir Technologies Inc. Director Lauren Stat filed a Form 144 indicating an intention to sell 5,026 shares of Class A Common Stock with an estimated aggregate market value of $975,647.12 (approximately $194.12 per share). The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on February 11, 2026.
Transaction Details
- Securities Offered: 5,026 shares of Common Stock.
- Gross Proceeds Value: $975,647.12.
- Origin of Shares: Acquired through Restricted Stock Unit (RSU) vesting between June 4, 2024, and June 4, 2025.
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
- Trading Plan: Executed under a Rule 10b5-1 plan adopted on February 11, 2026.
- Recent Prior Sales: Past 3 months show orderly liquidations including 1,337 shares on October 1, 2026 ($253,963.15), 1,342 shares on September 1, 2026 ($244,915.00), and 3,032 shares on August 5, 2026 ($500,280.00).
Market & Trading Significance
This proposed transaction carries Low trading significance. It represents a scheduled disposition under a Rule 10b5-1 plan and comprises a very small portion of Palantir's 2.3+ billion total shares outstanding. Regular recurring sales from RSU compensation are standard for board members and do not indicate a directional shift in company fundamentals.
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