Summary by Futu AI
Shenif Visram, the Chief Financial Officer of Hut 8 Corp. [HUT], engaged in a series of stock transactions. On July 31, 2024, Visram acquired 33,333 shares of Hut 8's common stock through the exercise of derivative securities. Following this acquisition, Visram held a total of 64,198 shares. Subsequently, on August 2, 2024, Visram sold 20,239 shares in an open market transaction at a price of $13.3754 per share, resulting in a total market value of $270,704.72 for the disposed shares. After these transactions, Visram's direct holdings in Hut 8 amounted to 43,959 shares. The transactions are reported to be in progress.