share_log

Palantir | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Nov 22, 2024 05:26

Summary by Futu AI

Alexander C. Karp, Director and Officer of Palantir, plans to sell 482,241 common shares on 11/21/2024. The shares were acquired through the exercise of stock options on the same date, with a total market value of approximately $29.96 million.This transaction follows a series of significant sales by Karp over the past three months, totaling over 35 million shares and generating gross proceeds of approximately $1.72 billion. The sales have been executed in multiple tranches, with the most recent occurring on 11/20/2024.Investors should note the substantial volume of shares sold by Karp, reflecting ongoing liquidity events and potential strategic financial planning by Palantir's executive team.
Alexander C. Karp, Director and Officer of Palantir, plans to sell 482,241 common shares on 11/21/2024. The shares were acquired through the exercise of stock options on the same date, with a total market value of approximately $29.96 million.This transaction follows a series of significant sales by Karp over the past three months, totaling over 35 million shares and generating gross proceeds of approximately $1.72 billion. The sales have been executed in multiple tranches, with the most recent occurring on 11/20/2024.Investors should note the substantial volume of shares sold by Karp, reflecting ongoing liquidity events and potential strategic financial planning by Palantir's executive team.

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