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

SEC ·  Dec 13, 2024 05:50

Summary by Futu AI

Stephen Andrew Cohen, Director and Officer of Palantir Technologies Inc., plans to sell 450,000 shares of common stock on 12/12/2024. The aggregate market value of the shares to be sold is $32,629,500. These shares were acquired as Restricted Stock Units from the issuer on 05/20/2024.This sale is part of a larger pattern of recent stock dispositions by Cohen. Over the past three months, he has sold a total of 798,809 shares, generating gross proceeds of $53,482,863. Previous sales include 450,000 shares on 12/11/2024, 119,055 shares on 11/21/2024, and 229,754 shares on 11/20/2024.The planned sale is based on instructions given or a plan adopted on 09/11/2024, as indicated in the notice dated 12/12/2024. This transaction represents a significant insider stock movement for Palantir, potentially impacting investor sentiment and market dynamics.
Stephen Andrew Cohen, Director and Officer of Palantir Technologies Inc., plans to sell 450,000 shares of common stock on 12/12/2024. The aggregate market value of the shares to be sold is $32,629,500. These shares were acquired as Restricted Stock Units from the issuer on 05/20/2024.This sale is part of a larger pattern of recent stock dispositions by Cohen. Over the past three months, he has sold a total of 798,809 shares, generating gross proceeds of $53,482,863. Previous sales include 450,000 shares on 12/11/2024, 119,055 shares on 11/21/2024, and 229,754 shares on 11/20/2024.The planned sale is based on instructions given or a plan adopted on 09/11/2024, as indicated in the notice dated 12/12/2024. This transaction represents a significant insider stock movement for Palantir, potentially impacting investor sentiment and market dynamics.

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