Palantir Technologies Inc. co-founder Peter Thiel sold a third of his stake last year, while another billionaire founder plans to unload around $700 million of shares. This move comes after the company’s $4 billion windfall in 2024, as insiders continue their selling streak with over $1.4 billion of stock set to be cashed out. Executives are exercising options that were due to expire in the next few years, contributing to the significant share sales.
Source: https://www.bloomberg.com/news/articles/2025-02-21/palantir-insiders-keep-selling-after-4-billion-windfall-in-2024