Palantir insider Karp Alexander C. sold 90,000 shares for $12.1M under 10b5-1 plan on 2026-02-20
Karp Alexander C. executed 5 separate sales totaling 90,000 shares for $12,064,116.89 at prices ranging from $132.01 to $135.67, reducing his holdings from 6,522,258 shares to 6,432,258 shares (a 1.4% reduction). This transaction was conducted under a pre-arranged 10b5-1 trading plan, making it a scheduled, non-discretionary sale rather than a discretionary choice. The filing includes a derivative-conversion element that means his Table I common-share position does not reflect his total holdings. The blended average sale price of $134.05 across the five tranches represents execution at incremental price points on the filing date, characteristic of algorithmic or scheduled-plan execution rather than a concentrated tactical decision.