Summary by Futu AI
Baidu, Inc. Director Callinicos Brent is set to sell 3,390 American Depository Shares (ADS) of the company on May 20, 2024, according to a recent filing. The shares, valued at an aggregate market value of $374,868.2, were acquired through the vesting of restricted shares granted under Baidu's 2008 and 2018 Share Incentive Plans. The acquisition of these shares is scheduled for the following day, May 21, 2024. This transaction follows a smaller sale that occurred in the past three months, where Brent sold 332 ADS for a total of $34,196.