Summary by Futu AI
Alexander C. Karp, Director and Officer of Palantir, plans to sell 1,620,395 common shares on 11/22/2024. The aggregate market value of these shares is approximately $99.4 million. The shares were acquired through the exercise of stock options and restricted stock units on 11/20/2024 and 11/22/2024.In the past 3 months, Palantir has seen significant stock transactions, with a total of 35,354,605 shares sold, generating gross proceeds of approximately $1.76 billion. Notable sales include 4,500,000 shares on 11/15/2024 and 11/07/2024, each yielding over $240 million.This announcement follows a series of substantial sales, reflecting ongoing strategic financial activities by Palantir's leadership.