Summary by Futu AI
Palantir Technologies Inc. Director and Officer, ALEXANDER C KARP, is set to sell 38,093 common shares of the company, with an aggregate market value of approximately $2.4 million, on November 20, 2024. The shares to be sold were acquired on the same date through the exercise of stock options, with the securities obtained directly from the issuer and paid for in cash. This transaction follows a significant trading activity by KARP over the past three months, where a total of 35,044,643 shares were sold for gross proceeds of over $1.7 billion.