Summary by Futu AI
LILLY ENDOWMENT INC, a major stockholder with over 10% ownership in Eli Lilly and Co, is set to sell 200,000 shares of common stock, valued at approximately $166.52 million, on 06/05/2024. The shares were originally acquired as a gift from the J.K. Lilly Sr. Trust on 02/10/1948, which had been in possession of the securities since 01/21/1937. Over the past three months, LILLY ENDOWMENT INC has sold a total of 690,000 shares of Eli Lilly and Co, generating gross proceeds of over $562.12 million.