April 3 - Palantir Technologies (PLTR, Financial) officer Taylor Ryan D. sold shares worth $8.1 million, according to a SEC filing.
Ryan offloaded 102,177 shares of Class A Common Stock on March 31, 2025. The sales, carried out under a pre-arranged trading plan, were executed at prices between $79.43 and $84.26 per share.
Additionally, 98,177 Class B shares were converted into Class A stock on a 1-for-1 basis before being sold in the open market. Following these transactions, Ryan still holds 403,171 shares in the company.
Palantir stock is currently trading at $87.42, marking a 285% surge over the past year. The company now has a market capitalization of $205 billion.
According to SEC rules, the transactions were part of a Rule 10b5-1 trading plan established on Sept. 5, 2024