Summary by Futu AI
Palantir Technologies Inc. Director and Officer, ALEXANDER C KARP, is set to sell 612,404 common shares of the company, with an aggregate market value of approximately $27.54 million, on 10/29/2024. The shares to be sold were acquired on the same date through the exercise of stock options, with the securities obtained directly from the issuer and paid for in cash. This transaction follows a series of sales over the past three months, where a total of 15,018,889 shares were sold for gross proceeds of nearly $584.05 million.