Summary by Futu AI
Shopify Inc. Officer and Director Tobias Lutke is set to sell a total of 885,618 Class A Subordinate Voting Shares, according to a recent filing. The transactions are scheduled for 09/17/2024, with 820,618 shares acquired through the vesting of options and an additional 65,000 shares through the vesting of RSUs, both on the same date. The aggregate market value of the shares to be sold is approximately $63,319,138.68. The securities were acquired directly from the issuer, Shopify Inc., as part of compensation arrangements. There were no sales reported in the past three months prior to this notice, which was filed on 09/13/2024.