Palantir Executives Liquidate Over $115 Million in Company Stock
Palantir Technologies Inc. CEO Alex Karp sold $50.4 million worth of shares in the artificial intelligence software company this week, part of a broader executive sell-off exceeding $115 million. The transactions, executed at prices between $125.26 and $127.70 per share, were tied to tax obligations on vesting restricted stock units.
Karp retains approximately 6.43 million shares valued at $787 million following the disposition. The sales coincide with Palantir’s $284.6 billion market capitalization and ongoing institutional interest in AI-focused equities.
Other senior executives including Cohen ($43.5 million) and Sankar ($21.2 million) participated in similar transactions, signaling coordinated portfolio rebalancing among leadership. Such moves typically follow lock-up expirations or vesting schedules rather than reflecting bearish sentiment.