Palantir CEO Alex Karp Sells More than $60 Million in Stock

Published 2 months ago Negative
Palantir CEO Alex Karp Sells More than $60 Million in Stock
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Palantir Technologies CEO Alex Karp unloaded more than 400,000 shares in the data-analytics company last week, according to a filing with the Securities and Exchange Commission. A Form 4 filed with the agency on Friday showed that Karp sold 409,072 shares of common stock, at prices ranging from $142.46 to $157.56 a share, on Wednesday and Thursday. The sales were executed through automatic transactions to cover tax-withholding obligations following the vesting of restricted stock.

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