Summary by Futu AI
On June 5, 2024, Matthew Simoncini, associated with Luminar Technologies, Inc. (ticker symbol: LAZR), was granted 123,254 shares of Class A Common Stock at no cost. Following this transaction, Simoncini's direct holdings in the company increased to a total of 247,823 shares. The grant, which is part of the company's stock-based compensation plan, was completed as a means to incentivize and retain key personnel. The transaction was reported as completed on the date of the grant.