Summary by Futu AI
William H. Shrank, a director of Walgreens Boots Alliance, Inc. (WBA), filed an Initial Statement of Beneficial Ownership of Securities with the SEC on September 1, 2024. The Form 3 filing indicates that Shrank directly owns zero shares of common stock in the company. The document, signed by Shrank through his attorney-in-fact Cherita Thomas on September 6, 2024, is a standard requirement for new insiders of a publicly-traded company, pursuant to Section 16(a) of the Securities Exchange Act of 1934. This filing is particularly relevant for investors as it provides transparency regarding the ownership stakes of the company's directors and is indicative of Shrank's initial ownership position in the company.