Summary by Futu AI
Lia Machado de Matos, an officer at StoneCo Ltd., is set to sell 28,000 common shares of the company on January 29, 2024. The shares to be sold have an aggregate market value of approximately $509,728.8. The securities were acquired through restricted stock vesting under a registered plan, with two separate acquisitions on June 29, 2020, and April 28, 2022, totaling 12,016 and 15,984 shares respectively. The upcoming sale marks a significant transaction by an insider of the company, although there have been no securities sold in the past three months.