Summary by Moomoo AI
Palantir Technologies Inc. officer and director Alexander Karp is set to sell 585,000 common shares of the company, with an aggregate market value of approximately $13.69 million, on February 20, 2024. The shares to be sold are restricted stock, which were acquired from the issuer on the same date as the planned sale. Over the past three months, Karp has sold a total of 1,140,284 shares, generating gross proceeds of over $25.19 million.