Summary by Futu AI
Merck & Co. Inc. officer Robert M. Davis is set to sell 150,000 shares of the company's common stock, with an aggregate market value of approximately $18,872,130, on February 13, 2024. The shares to be sold were acquired through the exercise of options under a registered plan, with two significant acquisitions on May 1, 2020, and May 4, 2021, totaling 41,509 and 108,491 shares respectively. The transactions were part of a structured plan for acquiring securities directly from the issuer. There have been no sales of securities reported in the past three months prior to this notice.