Summary by Futu AI
Jacob D. Cohen, the Chief Executive Officer of Mangoceuticals, Inc. (MGRX), completed a significant stock transaction on June 3, 2024. Cohen was granted 800,000 shares of common stock at no cost, as per the transaction details released. Following this grant, Cohen directly holds a total of 800,000 shares in the company. The transaction, which was classified as a grant, indicates a strengthening of the CEO's stake in Mangoceuticals, potentially signaling confidence in the company's future prospects.