Summary by Futu AI
David Alan Glazer, an officer of Palantir Technologies Inc., is set to sell 96,273 common shares on 01/02/2025, with an estimated market value of $7,281,126.99. The shares will be acquired through the exercise of stock options on the same day, with payment made in cash.This transaction follows a pattern of recent stock sales by Glazer. Over the past three months, he has sold a total of 381,911 shares, generating gross proceeds of $27,226,321.04. The most significant sale occurred on 12/12/2024, involving 315,126 shares for $23,099,145.46.The planned sale is part of a pre-arranged trading plan adopted on 09/12/2024, indicating a structured approach to Glazer's stock transactions. This information provides insight into the officer's recent trading activity and future intentions regarding Palantir's common stock.