Summary by Futu AI
Signet Jewelers Limited has announced that Virginia C Drosos, an officer and director of the company, is set to sell 45,000 common shares on February 1, 2024. The shares, valued at an aggregate market value of $4,464,265.50, were originally acquired on April 27, 2022, as restricted stock directly from the issuer. This planned sale follows a series of transactions over the past three months where a total of 65,000 shares were sold for gross proceeds of $6,147,231. The notice of the upcoming sale was filed on the same date as the planned sale, with the instruction for the sale having been adopted on October 19, 2023.