Summary by Moomoo AI
Palantir Technologies Inc. announced that Officer Sankar Shyam plans to sell 5,250,000 common shares on 12/03/2024. The shares were acquired through the exercise of stock options on the same date, with a total market value of approximately $367.9 million.In the past 3 months, Palantir has seen a total of 199,017 shares sold, generating gross proceeds of about $12.44 million. Recent sales include 111,328 shares on 11/20/2024, 57,689 shares on 11/21/2024, and 30,000 shares on 11/29/2024.This transaction is part of a planned sale, with the plan adopted on 08/29/2024. The sale is expected to impact the market given the significant volume and value of shares involved.
