Stat Lauren Elaina Friedman, a director at Palantir Technologies Inc., has reported the sale of 1,358 shares of the company’s Class A Common Stock. This transaction, which occurred on November 2, 2026, is part of a Rule 10b5-1 trading plan established earlier this year. Such plans allow executives to sell shares without the appearance of insider trading, as they are pre-scheduled and disclosed.

The sale reflects Friedman’s ongoing management of her investment portfolio while still maintaining a significant stake in Palantir. Following this transaction, Friedman holds 45,044 shares directly. Additionally, shares held indirectly through her spouse's child's 2025 gift trust add to her overall ownership.

Background

Palantir Technologies Inc. is a technology company specializing in data analysis and software solutions, classified under the Services-Prepackaged Software sector. The company trades under the ticker symbol PLTR. Recent filings indicate that Friedman has been active in managing her stock holdings, with multiple transactions reported in the last few months.

What the Filing Says

The SEC filing, accession number 0001840244-26-000023, indicates that Friedman sold 1,358 shares at a price of $186.29 per share. The filing states, "The Reporting Person sold shares of Class A Common Stock in the open market pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)." This plan was entered into on February 11, 2026.

Impact

This transaction may affect shareholder sentiment and the perception of executive management within Palantir Technologies. As a director, Friedman’s actions can influence investor confidence and market reactions, particularly in the competitive landscape of the software industry.

What's Next

The filing does not say what happens next.