Summary by Moomoo AI
Snap Inc officer Michael J. O'Sullivan is set to sell 59,641 shares of the company's common stock on March 18, 2024, with an aggregate market value of approximately $585,855. The shares to be sold were acquired on the same date as part of equity compensation, consisting of 48,830 shares from Restricted Stock Units and 10,811 shares from Restricted Stock Awards, both provided by Snap Inc. This transaction follows a recent history of sales by O'Sullivan over the past three months, where a total of 31,160 shares were sold for gross proceeds of $410,845.