Summary by Futu AI
On 12/12/2024, David A. Glazer, an insider at Palantir Technologies Inc., executed a series of transactions involving the company's Class A Common Stock. Glazer first acquired 315,126 shares at $4.72 per share through the exercise of derivative securities.Subsequently, Glazer sold a total of 315,126 shares in four separate transactions on the same day. The sales were executed at prices ranging from $72.6297 to $75.1873 per share, generating a total market value of approximately $23.1 million. The largest single sale was for 130,236 shares at an average price of $73.5108.Following these transactions, Glazer's direct ownership in Palantir decreased to 293,411 shares. The significant price difference between acquisition and sale suggests a substantial profit realization from the stock options exercise.