Summary by Moomoo AI
Palantir Technologies' Director Alexander D. Moore plans to sell 40,000 shares of Class A Common stock on 01/02/2025, with an aggregate market value of $3,025,200. The shares were originally acquired on 06/10/2005 through a stock option exercise from the issuer.This planned sale is part of a trading plan adopted on 11/30/2023. In the past three months, Moore has already sold 40,000 shares in two separate transactions: 20,000 shares on 11/11/2024 for $842,318.86, and another 20,000 shares on 12/02/2024 for $1,334,309.The consistent selling pattern suggests a predetermined liquidation strategy. The total gross proceeds from Moore's sales in the past three months amount to $2,176,627.86, with the upcoming sale potentially bringing the total to over $5 million.