Summary by Moomoo AI
Snap Inc's CEO, Evan Spiegel, completed a sale of 150,000 shares of Class A Common Stock on February 8, 2024. The transaction was carried out in the open market at a price of $11.1102 per share, resulting in a total sale value of $1,666,530. Following the sale, Spiegel's direct holdings in Snap Inc amount to 35,885,696 shares. The shares sold were held indirectly by a trust, indicating a diversification of Spiegel's investment. This sale reflects a change in the CEO's stake in the company, which is a point of interest for current and potential investors.