Summary by Futu AI
Palantir Technologies Inc. Director and Officer, ALEXANDER C KARP, is set to sell 1,823,602 common shares of the company, with an aggregate market value of approximately $109.14 million, on November 13, 2024. The shares to be sold were acquired on the same date through the exercise of stock options, with payment made in cash. This transaction follows a series of sales over the past three months, where a total of 27,975,000 shares were sold for gross proceeds of over $1.26 billion.