Summary by Futu AI
On January 2, 2025, 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 96,273 shares at $4.72 per share through the exercise of derivative securities.Immediately following the acquisition, Glazer sold a total of 96,273 shares in three separate transactions. The largest sale was 91,397 shares at $72.834 per share, followed by 1,776 shares at $74.472, and 3,100 shares at $75.9639. The total market value of the disposed shares amounted to approximately $7.02 million.After these transactions, Glazer's direct ownership in Palantir decreased to 293,411 shares. The significant price difference between the acquisition and sale prices suggests a substantial profit realization from the stock options exercise.