Palantir $PLTR Large Insider Selling (CFO, CAO, CLO)
The CFO of Palantir, David Glazer, just unloaded 99% of his shares for $7.6mm on Nov 20, 2023. This was a 10b5-1 plan scheduled sell, but kind of weird to have a CFO with no skin in the game.
The chief legal and revenue officer, Ryan Taylor, also sold $2.5mm worth of shares on Nov 20, 2023 but this was to cover taxes as a part of his equity grant in July.
The Chief Accounting Officer, Heather Planishek, sold $466k worth of shares on Nov 20, 2023 also as a 10b5-1 plan.
More concerned with the CFO selling almost all of his shares, is he stepping down soon, or maybe receiving a larger equity refresh? $Palantir(PLTR.US$
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Master Corgi : It’s normal that they sell once in awhile
protraderx : Insiders always take money off the table to do whatever they want to do.
slank : good time to shortttt
Master Corgi slank : Never short against the uptrend market
protraderx : SEC should investigate this. they have been doing it very often.