Palantir CFO Glazer sells $2.3 million in shares
#Palantir #CFO Glazer #Stock Sales #Insider Trading #Restricted Stock Units #SEC Filing #AI Partnerships #Stock Upgrades
📌 Key Takeaways
- Palantir CFO sold $2.3 million in shares to cover tax obligations from restricted stock units
- The transactions were part of a pre-scheduled trading plan to comply with insider trading regulations
- Glazer still owns 392,370 shares after the sales, maintaining a significant stake in the company
- Palantir stock has been volatile with a 27.5% year-to-date decline despite a 46.7% gain over the past year
📖 Full Retelling
David A. Glazer, Chief Financial Officer and Treasurer at Palantir Technologies Inc (NYSE:PLTR), sold 17,488 shares of Class A Common Stock on February 20, 2026, according to a Form 4 filing with the Securities and Exchange Commission, with the transactions executed to cover required tax withholding obligations related to restricted stock unit vesting. The sales were conducted in multiple transactions at prices ranging from $132.0346 to $135.7252, generating a total value of $2,331,782. All transactions were made in compliance with Glazer's Rule 10b5-1 trading plan, which allows for pre-scheduled stock sales to avoid allegations of insider trading. Following these transactions, Glazer directly owns 392,370 shares of Palantir Technologies Inc, maintaining a significant stake in the company despite the recent sales. The stock has shown significant volatility, declining 27.5% year-to-date despite gaining 46.7% over the past year, reflecting the challenging market conditions facing technology companies. Despite Glazer's sales, Palantir has been experiencing positive developments, including a strategic partnership with Rackspace Technology to accelerate AI platform deployments, upgrades from Mizuho and Freedom Capital Markets, and recognition in 15 categories at the Dresner Advisory Services 2025 Technology Innovation Awards.
🏷️ Themes
Insider Trading, Stock Performance, Corporate Developments
📚 Related People & Topics
Insider trading
Trading using nonpublic information
# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...
Palantir
American software and services company
Palantir Technologies Inc. is an American publicly traded company that develops data integration and analytics platforms enabling government agencies, militaries, and corporations to combine and analyze data from multiple sources. Its flagship products—Gotham (for intelligence and defense) and Found...
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SEC filing
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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry AMD stock surges 14% on Meta AI partnership deal Bitcoin slips, wipes out 50% from October record high at session low Wall Street ends higher on tech rebound ahead of State of the Union address Software stocks rebound as Anthropic partnerships ease AI disruption fears (South Africa Philippines Nigeria) Palantir CFO Glazer sells $2.3 million in shares By Investing.com Insider Trading Published 02/24/2026, 08:22 PM Palantir CFO Glazer sells $2.3 million in shares 0 PLTR -1.36% David A. Glazer, Chief Financial Officer and Treasurer at Palantir Technologies Inc (NYSE:PLTR), sold 17,488 shares of Class A Common Stock on February 20, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed in multiple transactions at prices ranging from $132.0346 to $135.7252, resulting in a total value of $2,331,782. The stock has declined 27.5% year-to-date despite gaining 46.7% over the past year, reflecting recent volatility in the shares. The filing indicates that these transactions represent automatic sales of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units, and all sales were conducted in compliance with Glazer’s Rule 10b5-1 trading plan. Following the reported transactions, Glazer directly owns 392,370 shares of Palantir Technologies Inc. According to InvestingPro analysis, the stock appears overvalued at current levels. Investors can access detailed analysis through PLTR’s comprehensive Pro Research Report, available for this and 1,400+ other US equities. In other recent news, Rackspace Technology announced a strategic partnership with Palantir Technologies to accelerate the deployment of Palantir’s AI platforms for enterprises. This collaboration aims to enable organizations to implement AI use cases in production environments within weeks, significantly reducing the usual timeframe. Rackspace will provide implemen...
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