Summary by Moomoo AI
Snap Inc's SVP of Engineering, Eric Young, completed a sale of 120,472 shares of Class A Common Stock on February 16, 2024, at an average price of $11.1349 per share, totaling approximately $1.34 million. On the same day, Young also disposed of an additional 132,280 shares at no cost, which were reported as a separate transaction. After these transactions, Young's direct holdings in Snap Inc amount to 3,408,572 shares. In a related indirect transaction, 132,280 shares were acquired by a trust, leaving the trust with a total of 385,885 shares after the transaction. The sales were executed in the open market and are part of the normal course of investment adjustments.