Palantir Technologies CEO Alex Karp has filed a plan to sell approximately 9,975,000 shares of the data analytics company, valued at $1.2 billion, through a Rule 10b5-1 trading plan with the U.S. SEC. This plan is set to continue until September 12, 2025. The current trading price of Palantir shares is around $123. Additionally, other insiders at Palantir are also selling shares, with reports indicating that over 1.4 billion dollars in stock sales have been disclosed this week alone. Notably, Karp sold 585,000 shares, while fellow insiders Shyam and Cohen sold 375,000 and 405,000 shares, respectively. The volume of trading activity for Palantir has surged, reportedly exceeding $12 billion, surpassing the combined trading volumes of major companies such as Apple, Amazon, Microsoft, Google, and Meta.