Summary by Moomoo AI
Snap Inc's Officer and Director, Murphy Robert C., is set to sell 1,000,000 shares of common stock on 10/31/2024, with an aggregate market value of $12,444,459.24. The shares were originally acquired on 10/01/2016 as dividend shares directly from the issuer. This planned transaction follows a similar sale that occurred on 08/06/2024, where Murphy sold 1,000,000 shares for total gross proceeds of $8,628,559.14. The notice for the upcoming sale was filed on the same date as the planned sale, with the instruction for the sale having been adopted on 03/09/2023.