Summary by Futu AI
Palantir Technologies Inc. Director and Officer, ALEXANDER C KARP, is set to sell 4,500,000 common shares of the company, with an aggregate market value of approximately $230.09 million, on November 6, 2024. The shares to be sold were acquired on the same date through the exercise of stock options, with payment made in cash to the issuer. This transaction follows a series of sales over the past three months, where KARP sold a total of 18,975,000 shares, amounting to gross proceeds of over $771.45 million.