Summary by Moomoo AI
The Kellogg W K Foundation Trust, a major shareholder of Kellanova, has announced plans to sell 114,583 shares of common stock on December 30, 2024. The transaction will be executed at a price of $80.8464 per share, resulting in a total market value of approximately $9.26 million.Following the completion of this transaction, the Trust's remaining ownership in Kellanova will be 48,764,110 shares. This planned sale represents a direct ownership transaction and will be conducted as an open market or private sale.It's important to note that this transaction is scheduled for the future and its status is currently in progress. The announcement provides insight into the Trust's investment strategy and potential impact on Kellanova's stock ownership structure.
