Form 4 | Palantir Technologies Officer and Director Alexander C. Karp sold 194,792 Shares.
Filings Track
2025/02/25
Alexander C. Karp, CEO and Director of Palantir Technologies, sold a total of 194,792 shares of Class A common stock on February 20 and 21, 2025 through multiple transactions. The sales were conducted to cover tax obligations related to the conversion of Class B common stock to Class A common stock, conducted under Rule 10b5-1 trading plan. Such executive sales could exert short-term market pressure, but long-term stock performance is worth observing.