share_log

Snap Inc | 4: Statement of changes in beneficial ownership of securities-Director Lynton Michael

SEC announcement ·  Feb 23 08:03
Summary by Futu 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.
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.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.