Summary by Futu AI
Jonovic Andrej, the Chief Executive Officer of XBP Europe Holdings, Inc. (XBP), was granted 877,570 shares of common stock on June 14, 2024. The shares, with a par value of $0.0001 each, were acquired at no cost, indicating this transaction as a grant. Following this transaction, Andrej's direct holdings in the company amount to a total of 877,570 shares. The transaction is currently in progress and reflects a significant increase in Andrej's stake in the company.