Summary by Futu AI
Palantir Technologies Inc. Director and Officer, ALEXANDER C KARP, is set to sell 1,007,496 common shares of the company, with an aggregate market value of approximately $66.26 million, on November 18, 2024. The shares to be sold were acquired on the same date through the exercise of stock options directly from the issuer, with payment made in cash. This transaction follows a series of sales over the past three months, where a total of 34,298,602 shares were sold for gross proceeds of nearly $1.66 billion.