Palantir CEO Alexander Karp Files to Sell $70.3M in Shares
PLTR sits 64% above its 52-week low of $106.37.
Summary
Palantir CEO Alexander Karp filed to sell 402,348 shares worth about $70.3 million, adding to a pattern of significant insider selling over the past 90 days.
Key Events · Ownership and Investor Activity · PLTR
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CEO Files to Sell $70.3M in Shares
Alexander Karp, Palantir's CEO and a director, filed a Form 144 to sell 402,348 shares with an approximate market value of $70,341,535.20.
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Part of Broader Insider Selling
This filing adds to a 90-day pattern of insider distribution, with net insider sales totaling $102,163,204 and no open-market purchases.
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Shares Acquired as Restricted Stock
The shares to be sold were acquired on 08/20/2026 as restricted stock from the issuer, indicating a recent vesting event.
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No Prior Sales in Past 3 Months
The filing reports no securities sold by this filer in the past 3 months, making this a new sale intent.
Analysis · PLTR · Technology
Alexander Karp, Palantir's CEO and a director, filed a Form 144 to sell 402,348 shares worth approximately $70.3 million. This is a significant insider sale by the company's top executive, and it comes amid a backdrop of heavy insider selling over the past 90 days, with net insider sales totaling over $102 million. While the sale represents a small fraction of the company's market capitalization, the CEO's decision to sell a large dollar amount of stock is a notable signal that may weigh on investor sentiment, especially given the recent volatility in Palantir's share price.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 29.4% of the 1386 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PLTR was trading at $173.96 on NASDAQ in the Technology sector, with a market capitalization of approximately $418B. The 52-week trading range was $106.37 to $207.52. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.