Chairmanship and collective voting rights

Peter Thiel

Palantir co-founder and chairman, and one of the three current founder-voting participants.

The filed role

The April 2026 proxy identifies Thiel as chairman and co-founder. Two matching founder instructions govern the trust bloc; his position should not be rendered as individual majority ownership.

Entity boundary

Peter Thiel is a person, distinct from the existing Thiel Foundation node and from Founders Fund. The common names do not make those organizations interchangeable.

What the records show

Peter ThielPalantir Founder Voting Trust

Founder instruction right

Checked 12 September 2026

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

Peter ThielPalantir Technologies Inc.

Co-founder and chairman

Checked 12 September 2026

The April 2026 proxy identifies Thiel's formal board role.

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

Peter ThielFounder instruction rightPalantir Founder Voting Trust

Checked 12 September 2026

Thiel 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