PLTR · Palantir Technologies Inc. · Insider Trading

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $171.7232 to $172.71. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $170.72 to $171.69. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.78 to $175.75. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.75 to $174.56. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.8288 to $176.3850. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.73 to $173.72. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $169.7171 to $170.69. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (8) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on February 11, 2026.

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), entered into on March 12, 2026.

This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.19. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.208. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.28 to $176.37. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.13. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

These securities are RSUs granted pursuant to the Issuer's 2020 Executive Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.19 to $173.09. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.21 to $175.208. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.28 to $176.37. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

These securities are RSUs granted pursuant to the Issuer's Amended 2010 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

The shares acquired from the incremental vesting of RSUs (as described above) were fully vested as of the transaction date.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction represents an automatic sale of shares to cover required tax withholding obligations in connection with the vesting of restricted stock units. All sales were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.21 to $174.20. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (6) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.18. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 20, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 12, 2026. The Reporting Person converted 90,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $176.26 to $176.33. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (9) through (13) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on August 20, 2026, converted 402,348 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on August 20, 2026. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on August 20, 2026 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.21 to $176.19. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $174.671 to $175.6581. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (5) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $172.64 to $173.6364. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (5) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $175.7003 to $176.1361. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (5) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $173.64 to $174.635. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (5) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

Represents a bona fide gift of shares by the Reporting Person to a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code, in compliance with, but not subject to, the Reporting Person's Rule 10b5-1 trading plan.

Represents a bona fide gift of shares by the Reporting Person to a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code, in compliance with, but not subject to, the Reporting Person's Rule 10b5-1 trading plan.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $155.2154 to $156.1851. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $157.3622 to $157.5238. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $156.2618 to $157.145. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $153.0726 to $153.594. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

This transaction is part of a related series of transactions undertaken on August 6, 2026 pursuant to a preexisting Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), entered into on March 11, 2026. The Reporting Person converted 35,000 shares of Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock in the open market.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $154.1016 to $155.0576. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (3) through (7) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on February 11, 2026.

Represents stock appreciation rights ("SARs") that are subject to service-based and stock price-based requirements. 1/38th of the total SARs subject to the award will satisfy the service-based requirement in August 2026 and each quarter thereafter (subject to the Reporting Person continuing as a service provider through the applicable dates). The SARs that satisfy the service conditions become exercisable during a limited window in November 2035, and only if the Company's stock price exceeds $135 at that time. The SARs have a maximum appreciation value of $365 such that the maximum aggregate number of shares of Class A Common Stock issuable upon exercise is approximately 12,500.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $135.27 to $136.14. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $134.20 to $135.04. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

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), entered into on December 11, 2025.

This transaction represents sales executed in multiple open market sales. The sales reflected in this line item were made at prices ranging from $133.20 to $134.18. The price reported above reflects the weighted average sale price of trades occurring within that price range. See footnotes (2) through (4) for sales executed in price ranges on the date indicated. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.