Summary by Futu AI
Duggal Jagpreet Singh, an officer at Nu Holdings, plans to sell 111,047 common shares on 11/26/2024. The shares, acquired as restricted stock on 10/01/2023, have an aggregate market value of approximately $1.7 million. This transaction follows a previous sale of 45,775 shares on 09/17/2024, which generated gross proceeds of $686,625.The shares to be sold were acquired as compensation from the issuer. This planned sale is part of Singh's ongoing management of his equity holdings in Nu Holdings. Investors should note the potential impact on the stock's market dynamics due to this significant transaction. The notice for this sale was filed on 11/26/2024, indicating a completed status for the transaction.