Executive and collective voting participant

Stephen Cohen

Palantir co-founder, president and director; the third participant in its founder-voting arrangement.

Voting participation

All three founders remain party to the agreement according to the April 2026 proxy. The bloc follows at least two matching instructions.

What the records show

Stephen CohenPalantir Founder Voting Trust

Founder instruction right

Checked 12 September 2026

Cohen is one of the three current participants; the bloc requires at least two matching instructions.

Stephen CohenPalantir Technologies Inc.

Co-founder, president and director

Checked 12 September 2026

Cohen holds these roles in the April 2026 proxy.

From the investigation

Who can decide at Palantir

The April 24, 2026 proxy identifies Karp as co-founder, CEO since 2005 and director since 2003; Peter Thiel is co-founder/chairman; Stephen Cohen is co-founder/president/director. Class A has one vote per share and Class B ten. All Class F stock sits in the Founder Voting Trust. Subject to the 100 million equity-security threshold, the mechanism generally brings specified founder-related votes to 49.999999% for a matter. It is not an extra 49.999999% added to the same A/B votes. All three founders remain parties; matching instructions from at least two determine the bloc. Without matching instructions the specified votes abstain/withhold; the trustee has no voting discretion. This establishes unusual collective founder authority, not Karp's unilateral majority control. Beneficial-ownership tables also include exercisable options and conditional awards, so their holdings should not be relabeled as present votes. Palantir 2026 DEF 14A .

Read the research & sources ↗

Further reading

Alex Karp: contracts, control and AI access

Read the original source 1

What the connections say

2 relationships
2

Stephen CohenFounder instruction rightPalantir Founder Voting Trust

Checked 12 September 2026

Cohen is one of the three current participants; the bloc requires at least two matching instructions. No single founder can unilaterally direct this bloc while all three remain parties.

Read the original source 1