SNAP Evan Spiegel sells $272.0M worth of shares
Jan 03, 2026, 11:42 PM
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What does SNAP do
Snap, headquartered in Santa Monica, California, employs 5,289 people and went public on March 2, 2017. Its main product, Snapchat, is a visual messaging app that includes subscription features and various advertising options.
Evan Spiegel sold 16,000,000 shares of SNAP on 7 March at $17.00 per share, worth a total of $272.0M. They now own 85,004,846 SNAP shares, or a 16% holding decrease.
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