Summary by Futu AI
Johannes Jacobus Oosthuizen, President of U.S. Market for Merck & Co., Inc. [MRK], completed a purchase of company stock on January 22, 2024. The transaction involved the acquisition of 3,133 shares of common stock at a price of $119.43 per share. Following this transaction, Oosthuizen's direct holdings in Merck & Co. increased to a total of 21,349.345 shares. The transaction is part of a grant, award, or other acquisition, as indicated by the transaction code 'A'. This purchase reflects a vote of confidence in the company's prospects and aligns the interests of management with those of shareholders.