Summary by Futu AI
Daniel D. Nelson, CEO and Chairman of Signing Day Sports, Inc. (SGN), completed a stock acquisition on June 13, 2024. Nelson was granted 200,000 shares of common stock at no cost, as per the transaction details. Following this transaction, Nelson directly owns 200,000 shares of the company. Additionally, he holds an indirect interest in 709,851 shares through The Nelson Revocable Living Trust. The grant of shares is a common form of compensation for executives and is often used to align their interests with those of the shareholders.