Summary by Moomoo AI
Snap Inc officer, Andersen Derek, is set to sell 26,682 shares of the company's common stock on 05/15/2024, as per the latest filing. The shares, valued at approximately $419,349, were acquired as equity compensation in the form of Restricted Stock Units (RSUs) on two separate occasions, with 25,013 shares obtained on 12/15/2023 and 1,669 shares on 02/15/2022. This planned sale follows a significant transaction in the past three months where Derek sold 96,953 shares, generating gross proceeds of $1,065,979. The notice of the upcoming sale was filed on the same date as the planned sale, with the instruction for this transaction given on 02/21/2023.