Summary by Futu AI
On August 6, 2024, Snap Inc's Chief Technology Officer, Murphy Robert C., completed a sale of 1,000,000 shares of Class A Common Stock at a price of $8.6888 per share. The transaction, which took place on the open market, resulted in a total market value of $8,688,800. Following this sale, Murphy holds 58,553,813 shares directly. Additionally, two bona fide gifts of Snap Inc stock were reported on the same day, with 297,392 shares and 45,432 shares gifted, leaving Murphy with a direct holding of 58,210,989 shares after all transactions. Indirectly, Murphy holds an additional 10,307,526 shares through trusts. The transactions were completed and reported in compliance with regulatory standards.