Palantir director Eric H. Woersching sells $2.2 million in stock

Published 11/06/2025, 01:20
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Eric H. Woersching, a director at Palantir Technologies Inc . (NYSE:NASDAQ:PLTR), executed a series of stock sales amounting to approximately $2.2 million, according to a recent SEC filing. The transactions, conducted on June 9, 2025, involved the sale of 17,000 shares of Class A Common Stock at prices ranging from $125.24 to $131.70 per share. The sales come as PLTR trades near its 52-week high of $135.28, having delivered an impressive 456.81% return over the past year. According to InvestingPro analysis, the stock is currently trading above its Fair Value.

The stock sales were carried out under a pre-established Rule 10b5-1 trading plan, which was entered into on March 10, 2025. This plan allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own, adhering to insider trading laws.

Prior to these sales, Woersching acquired 2,348 restricted stock units on June 6, 2025, as part of an annual award for his service on the board of directors. These units were granted with no immediate financial transaction, representing a contingent right to receive shares subject to a vesting schedule.

Following these transactions, Woersching’s direct ownership of Palantir stock stands at 12,562 shares.

In other recent news, Palantir Technologies has announced several key developments. The company has entered a multi-year partnership with Italian paper manufacturer Fedrigoni to enhance digital transformation efforts, focusing on stock optimization and demand forecasting. This collaboration aims to integrate Palantir’s AI technology into Fedrigoni’s operations, boosting efficiency and innovation. Additionally, Palantir has teamed up with TeleTracking Technologies to enhance decision-making in healthcare, offering hospitals advanced insights through AI-powered systems.

Palantir has also partnered with Ecuador to support the country’s digital transformation, targeting customs operations to prevent smuggling and bolster legal trade. In corporate governance, Palantir held its annual meeting of stockholders, where directors were elected, and Ernst & Young was ratified as the independent accounting firm. Meanwhile, Surf Air Mobility has launched its AI-powered SurfOS software, developed in collaboration with Palantir, to centralize data in the regional air mobility sector.

This suite aims to improve efficiency across various stakeholders, with a broad commercial release expected in 2026. These recent developments highlight Palantir’s ongoing efforts to expand its influence across different industries and regions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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