Summary by Futu AI
Patrick McNulty, the Chief Operating Officer of Jet.AI Inc. (JTAI), executed a purchase of company stock on July 25, 2024. The transaction involved the acquisition of 7 shares of Jet.AI's common stock at a par value of $0.0001. Following this transaction, McNulty's direct holdings in the company increased to a total of 11 shares. The purchase was made on the open market, as indicated by the transaction code 'P'. This move could signal McNulty's confidence in the company's future prospects.