Summary by Futu AI
Palantir Technologies Inc. Director Peter Thiel is set to sell 4,561,502 Class A shares of the company, with an aggregate market value of approximately $169.3 million, on 09/26/2024. The shares were originally acquired on 06/15/2006 through a private placement from the issuer, with payment made in cash. This planned sale follows a recent transaction history where Thiel sold a total of 11,616,913 shares over the past three months, generating gross proceeds of nearly $427.9 million.