Summary by Futu AI
Palantir Technologies Inc. officer Ryan D. Taylor plans to sell 483,987 shares of common stock on 01/02/2025, with an aggregate market value of $36,603,936.81. The shares to be sold include 400,000 acquired through stock option exercise and 83,987 from restricted stock units.Taylor has been actively selling Palantir shares in recent months. Over the past 3 months, he sold a total of 395,943 shares, generating gross proceeds of $18,135,912.82. The most recent sales occurred on 11/21/2024 (26,319 shares) and 11/20/2024 (50,790 shares).The planned sale is part of a trading plan adopted on 09/05/2024, indicating a predetermined strategy for stock transactions. This sale represents a significant liquidation of Taylor's Palantir holdings, potentially impacting the company's insider ownership structure.