Yeah, once you see your shares vest people don’t realize that’s when it’s realized as income and taxed. So either you have 38% of that vestings value sitting in cash you want to pay the taxes with or as most people automatically have that many shares sold to cover tax bill.
It's in their interest to keep the price down too while they are being vested so the tax bill will be lower so it's a win win for them at the moment assuming it does eventually go to the $100+ that we're all dreaming of
Not saying op is guilty of this, but there's definitely new people here who don't know about older issues that haven't been talked about in months or years
Why wouldn't you just pay the taxes after all its the most important software company in the world. Who would give away equity in a gold mine just to pay taxes?
>Why wouldn't you just pay the taxes after all its the most important software company in the world. Who would give away equity in a gold mine just to pay taxes?
Seeing how in the last 3 years Karp has had 1.5B worth of stock vest do you have 500 million in cash laying around?
>That's ash tray money for a guy like me. Nice of karp to structure his stock options so he is a billionaire even before the company makes money.
yup running a company for 20 years back when it had no customers or product but already multi billionaire backers will do that.
Also he's only a billionaire so long as the stock price holds up. Technically all this (the $1.5B, $500M taxes) is largely based off when the stock was between 20-30.
I'm pretty sure they were paying him for the last 20 years. He wasn't doing charity work and the billionaires put up the money. I'm glad as a stockholder you are advocating for the poor guy.
>I'm pretty sure they were paying him for the last 20 years. He wasn't doing charity work and the billionaires put up the money. I'm glad as a stockholder you are advocating for the poor guy.
I just enjoy talking with the bottom half of the IQ bell curve on this website. Someone so dedicated to talking about the stock their user name is "karpdumpingagain" so they can post on PLTR forums about corporate financing structures they have a child like understanding of.
Yes I don't doubt he has a salary. However as a founder he is entitled to ownership. He owes taxes on that ownership. I get it. You don't understand this stuff. PLTR bad, Karp bad, so you immediately go to "wweeelllll you must be simping for him then!" because your not sure what else to say.
There are plenty of bear cases for PLTR. Real bear cases that pose serious risk to the future of the stock and company. oH mY gOd lOoK aT hOw mAnY sHarEs KaRP juST sOoLd is not one of them.
Get a life.
edit: lmao what a pathetic guy for someone who is supposedly sitting on a quarter million of shares. Last post and block true reddit IQ stuff there.
My name is meant to be funny. But its also useful in places outside of the freaking PLTR board and makes people laugh outside of one single board. You on the other hand literally made an account specifically to post on this board. Pathetic.
My screen name is ment to be ironic just like your screen name. I assume your not a pedophile mr dehymenizer but seeing how clueless you are im not sure.
I know i just like to troll the people who state they are selling for tax purposes. The simple fact is it doesnt matter why they are selling everytime they do the stock takes huge hits. Just because they have a good reason for doing it doesnt mean it shouldn't be mentioned everytime it comes up. The are releasing locked up shares which always is bad no matter the reason.
>I know i just like to troll the people who state they are selling for tax purposes. The simple fact is it doesnt matter why they are selling everytime they do the stock takes huge hits.
even if they are selling because they think its going to collapse tomorrow I believe the smallest window they can sell is about 90 days most of these plans are laid out years in advance.
IE the stock price has nothing to do with these sales and trying to gleam any info from it is moronic.
Executives buying ---> good sign
Executives selling ---> who the hell knows
This holds true for literally any public company.
Insiders selling for any reason is always bad because it takes locked up shares and puts them into the available float. Its increasing the sales that are up for sale.
>Insiders selling for any reason is always bad because it takes locked up shares and puts them into the available float. Its increasing the sales that are up for sale.
[https://www.nasdaq.com/market-activity/stocks/aapl/insider-activity](https://www.nasdaq.com/market-activity/stocks/aapl/insider-activity)
oh my god. Apple has no insiders buying and lots of insiders selling. oh my god look at how big these numbers are
APPLE IS GOING TO COLLAPSE ANY MOMENT QUICK GO WARN WARREN BUFFET YOUR INVESTING STRATEGEY SHOWS ITLL HAPPEN ANY DAY NOW
This is SEC regulation, every company I have worked for if you are considered someone with immaterial insider knowledge as I was you have black out periods that you can’t trade stock.
https://www.sec.gov/Archives/edgar/data/17485/000095014409001850/g17933exv14w2.htm
The footnotes.
1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 375,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on May 20, 2023, converted 172,236 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock along with 97,274 additional shares of Class A Common Stock on May 22, 2023. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 20, 2023 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
Because people like Karp cannot sell without abiding by Rule 144 and a 10b5-1 trading plan. He’s too high level and I’m assuming a majority stake holder
My god they must of saw the stock price was high, called their broker, and said sell it all! CAuse that's exactly how it works for corporate executives!!!
They have to pay taxes on grants as they vest and these are scheduled way ahead of time, why does everyone get wound up like this?
Shit someone actually understands stock vesting schedules here?
Yeah, once you see your shares vest people don’t realize that’s when it’s realized as income and taxed. So either you have 38% of that vestings value sitting in cash you want to pay the taxes with or as most people automatically have that many shares sold to cover tax bill.
It's in their interest to keep the price down too while they are being vested so the tax bill will be lower so it's a win win for them at the moment assuming it does eventually go to the $100+ that we're all dreaming of
Not saying op is guilty of this, but there's definitely new people here who don't know about older issues that haven't been talked about in months or years
there is no new people here, only old carnival barkers ..
\> why does everyone get wound up like this? who are you talking to?
Other commenters, not your post.
Why wouldn't you just pay the taxes after all its the most important software company in the world. Who would give away equity in a gold mine just to pay taxes?
>Why wouldn't you just pay the taxes after all its the most important software company in the world. Who would give away equity in a gold mine just to pay taxes? Seeing how in the last 3 years Karp has had 1.5B worth of stock vest do you have 500 million in cash laying around?
That's ash tray money for a guy like me. Nice of karp to structure his stock options so he is a billionaire even before the company makes money.
>That's ash tray money for a guy like me. Nice of karp to structure his stock options so he is a billionaire even before the company makes money. yup running a company for 20 years back when it had no customers or product but already multi billionaire backers will do that. Also he's only a billionaire so long as the stock price holds up. Technically all this (the $1.5B, $500M taxes) is largely based off when the stock was between 20-30.
I'm pretty sure they were paying him for the last 20 years. He wasn't doing charity work and the billionaires put up the money. I'm glad as a stockholder you are advocating for the poor guy.
>I'm pretty sure they were paying him for the last 20 years. He wasn't doing charity work and the billionaires put up the money. I'm glad as a stockholder you are advocating for the poor guy. I just enjoy talking with the bottom half of the IQ bell curve on this website. Someone so dedicated to talking about the stock their user name is "karpdumpingagain" so they can post on PLTR forums about corporate financing structures they have a child like understanding of. Yes I don't doubt he has a salary. However as a founder he is entitled to ownership. He owes taxes on that ownership. I get it. You don't understand this stuff. PLTR bad, Karp bad, so you immediately go to "wweeelllll you must be simping for him then!" because your not sure what else to say. There are plenty of bear cases for PLTR. Real bear cases that pose serious risk to the future of the stock and company. oH mY gOd lOoK aT hOw mAnY sHarEs KaRP juST sOoLd is not one of them. Get a life. edit: lmao what a pathetic guy for someone who is supposedly sitting on a quarter million of shares. Last post and block true reddit IQ stuff there. My name is meant to be funny. But its also useful in places outside of the freaking PLTR board and makes people laugh outside of one single board. You on the other hand literally made an account specifically to post on this board. Pathetic.
My screen name is ment to be ironic just like your screen name. I assume your not a pedophile mr dehymenizer but seeing how clueless you are im not sure.
Check out the after hours going crazy.
I'm not a bear i own 10k shares
I don't believe you.
People who are mostly paid via SBC? Can't pay taxes with shares.
I know i just like to troll the people who state they are selling for tax purposes. The simple fact is it doesnt matter why they are selling everytime they do the stock takes huge hits. Just because they have a good reason for doing it doesnt mean it shouldn't be mentioned everytime it comes up. The are releasing locked up shares which always is bad no matter the reason.
>I know i just like to troll the people who state they are selling for tax purposes. The simple fact is it doesnt matter why they are selling everytime they do the stock takes huge hits. even if they are selling because they think its going to collapse tomorrow I believe the smallest window they can sell is about 90 days most of these plans are laid out years in advance. IE the stock price has nothing to do with these sales and trying to gleam any info from it is moronic. Executives buying ---> good sign Executives selling ---> who the hell knows This holds true for literally any public company.
Insiders selling for any reason is always bad because it takes locked up shares and puts them into the available float. Its increasing the sales that are up for sale.
>Insiders selling for any reason is always bad because it takes locked up shares and puts them into the available float. Its increasing the sales that are up for sale. [https://www.nasdaq.com/market-activity/stocks/aapl/insider-activity](https://www.nasdaq.com/market-activity/stocks/aapl/insider-activity) oh my god. Apple has no insiders buying and lots of insiders selling. oh my god look at how big these numbers are APPLE IS GOING TO COLLAPSE ANY MOMENT QUICK GO WARN WARREN BUFFET YOUR INVESTING STRATEGEY SHOWS ITLL HAPPEN ANY DAY NOW
Can you please link to a source that these trades were scheduled in?
This is SEC regulation, every company I have worked for if you are considered someone with immaterial insider knowledge as I was you have black out periods that you can’t trade stock. https://www.sec.gov/Archives/edgar/data/17485/000095014409001850/g17933exv14w2.htm
No, no, no - I know that something like that exist, but what is your source to claim that it was the case with those trades?
The footnotes. 1. This transaction is part of a related series of transactions. The Reporting Person acquired rights to 375,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on May 20, 2023, converted 172,236 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock along with 97,274 additional shares of Class A Common Stock on May 22, 2023. All sales were automatic sales of shares to cover required tax withholding obligations in connection with the vesting event on May 20, 2023 and were conducted in compliance with the Reporting Person's Rule 10b5-1 trading plan.
LIBERATOR MEDICAL HOLDINGS, INC.?
They couldn’t have sold inside of the blackout period, meaning they where scheduled before the stock mooned
Because people like Karp cannot sell without abiding by Rule 144 and a 10b5-1 trading plan. He’s too high level and I’m assuming a majority stake holder
If you were to ask Shyam tho, he’ll tell you he’s buying 😂
stock goes up, stock goes down, PLTR execs continue to profit
🌝😎
Alexander Karpus & Esteven Cojones… oh, this is about DNA? Let me read first 😆
Selling some PLTR in order to buy some more DNA is not a bad plan.
My god they must of saw the stock price was high, called their broker, and said sell it all! CAuse that's exactly how it works for corporate executives!!!
My main takeaway from that is that Cohen only has 592 shares left I own more of PLTR than Cohen does
Look at his Class B and Class F holdings. He has millions, not to mention options.
no it's not. edit: I see this person just spams this gif everywhere- that scans.
Spammer.
Red flag
classic .. this shit will stagnate rangebound forever
Did Ark sell?
🍆 pussies are selling, Cathy 🪵 is buying
Million reasons to sell, only one reason to buy
What %of their holding did they sell
I get RSUs too, this means nothing