Palantir CEO Alex Karp sells more than $50 million in stock

Core Insights - Palantir CEO Alex Karp has sold over $50 million worth of shares in the company, as per securities filings [1][2] - The stock sales occurred at prices ranging from $125.26 to $127.70 per share, with Karp retaining approximately 6.43 million shares valued at around $787 million after the transactions [2] - The share sales were part of automatic transactions to meet tax withholding obligations related to vesting restricted stock units [2] - Other executives, including Chief Technology Officer Shyam Sankar and co-founder Stephen Cohen, also sold significant amounts of stock, with Sankar selling about $21 million and Cohen approximately $43.5 million [3]