Summary by Futu AI
Palantir Technologies Inc. Director Peter Thiel is set to sell 4,181,118 Class A shares of the company, with an aggregate market value of approximately $154 million, on 09/30/2024. These shares were originally acquired on 06/15/2006 through a private placement from the issuer, with payment made in cash. Over the past three months, Thiel has sold a total of 20,167,619 shares, generating gross proceeds of over $744 million. The upcoming sale is part of a plan adopted on 05/15/2024.