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

SEC ·  Jan 3 05:29

Summary by Futu AI

Palantir Technologies Inc. announced that Director David Stat plans to sell 1,000 shares of common stock on 01/02/2025, with an estimated market value of $75,630. These shares were originally acquired on 04/12/2006 through previously exercised stock options.This transaction is part of a planned sale strategy adopted on 09/11/2024. Over the past three months, Stat has sold a total of 44,702 shares, generating gross proceeds of $2,716,348.76. The most recent sale occurred on 12/06/2024, involving 10,721 shares for $823,158.38.The consistent selling pattern suggests a predetermined divestment plan, likely for portfolio diversification or personal financial management. Investors should note that insider sales can provide insights into executive perspectives on company valuation, though they may occur for various reasons unrelated to company performance.
Palantir Technologies Inc. announced that Director David Stat plans to sell 1,000 shares of common stock on 01/02/2025, with an estimated market value of $75,630. These shares were originally acquired on 04/12/2006 through previously exercised stock options.This transaction is part of a planned sale strategy adopted on 09/11/2024. Over the past three months, Stat has sold a total of 44,702 shares, generating gross proceeds of $2,716,348.76. The most recent sale occurred on 12/06/2024, involving 10,721 shares for $823,158.38.The consistent selling pattern suggests a predetermined divestment plan, likely for portfolio diversification or personal financial management. Investors should note that insider sales can provide insights into executive perspectives on company valuation, though they may occur for various reasons unrelated to company performance.

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