Summary by Moomoo AI
Michael Lynton, associated with Snap Inc, engaged in a series of stock transactions between February 6, 2024, and February 20, 2024. Lynton acquired a total of 300,133 shares of Snap Inc's Class A Common Stock at no cost, which were then disposed of in full. The transactions were completed with a 'bona fide gift' designation, indicating that the shares were given away rather than sold. After these transactions, Lynton's direct holdings in Snap Inc decreased to 112,809 shares. Additionally, an indirect transaction through a trust resulted in the acquisition and subsequent disposal of the same number of shares, 300,133, leaving an indirect holding of 100,000 shares. Another indirect transaction through Lynton Asset LP saw the disposal of 600,266 shares, reducing the indirect holdings to zero. These transactions did not involve any monetary exchange as the transaction price was listed as $0.00.