Summary by Moomoo AI
Matthew Howard McGahan, an officer of Lottery.com Inc., is set to sell 115,000 shares of common stock on December 23, 2024. The aggregate market value of the shares to be sold is $49,450.The shares were originally acquired on October 17, 2024, through equity compensation from the issuer. This planned sale comes approximately two months after the acquisition. No securities have been sold by McGahan in the past three months prior to this announcement.The transaction is scheduled for execution on the same day as the notice date, December 23, 2024. This sale represents a significant portion of the equity compensation received by the officer, potentially impacting the company's insider ownership structure.