Summary by Futu AI
On August 9, 2024, James Morgan Jr., reported a completed transaction involving the gifting of shares of Block, Inc. (SQ). The transaction included the disposal of 6,527 direct-held Class A Common Stock shares at no cost, leaving Morgan with 8,126 shares in direct ownership. Additionally, an indirect transaction was reported where 319,000 shares were acquired and subsequently disposed of as gifts on the same date, resulting in zero shares held indirectly after the transactions. Both actions were classified as bona fide gifts and carried out with a transaction price of $0.00, indicating no revenue was generated from these transactions.