Summary by Futu AI
Snap Inc. officer Michael O'Sullivan Living Trust is set to sell 18,000 shares of common stock on 05/31/2024, with an aggregate market value of $270,360. The shares to be sold were acquired as compensation in the form of Restricted Stock Units (RSUs) on various dates including 05/15/2020, 05/15/2023, and 08/14/2020, directly from the issuer. The upcoming sale follows a pattern of previous transactions over the past three months, where a total of 54,160 shares were sold for gross proceeds of approximately $678,405. The notice for the planned sale was filed on the same date as the sale, 05/31/2024, with the plan for this transaction having been adopted on 11/20/2023.