Palantir CEO, Executives Sell Over $114M Shares Amid Stock Tax Plan

Palantir Technologies CEO Alex Karp sold over $50 million in company shares through automatic transactions designed to cover tax obligations related to vesting restricted stock units, leaving him with about 6.43 million shares valued at roughly $787 million. Other top executives, including CTO Shyam Sankar and co-founder Stephen Cohen, also sold significant shares valued at $21 million and $43.5 million respectively. Palantir's stock has surged nearly 62% in 2025, driven by strong demand for its AI software and increased government contracts, propelling it into the top 10 most valuable U.S. tech companies by market capitalization. Despite this growth, the company faces concerns about international growth and trades at a high multiple, contributing to some volatility following its latest earnings report, which exceeded analyst expectations. Palantir recently removed its full-year guidance due to these international growth concerns, and the stock holds a consensus Hold rating among analysts with an implied downside risk. Insider sales are typical in high-growth tech firms but have drawn attention amid Palantir's rapid rise and evolving market dynamics.