Summary by Moomoo AI
Michael D. Winston, the Executive Chairman and Interim CEO of Jet.AI Inc. (ticker: JTAI), has made a significant investment in the company by purchasing 4,130,503 shares of common stock on July 25, 2024. The transaction, which took place on the open market, reflects Winston's direct acquisition of shares at a par value of $0.0001. Following this purchase, Winston's total direct holdings in Jet.AI have increased to 6,692,154 shares. This move could signal a strong vote of confidence from the company's leadership in its future prospects.