17-08-2017 16:16 via feedproxy.google.com

Snap executives have started selling their shares (SNAP)

At least three Snap executives have sold shares following the company's post-IPO lockup expiration that has kept employees from selling until now, according to documents filed with the SEC on Wednesday evening.
Chief Strategy Officer Imran Khan, CFO Drew Vollero, and Senior VP of Engineering Tim Sehn sold stock totaling $9.3 million based on an average weighted stock price of $12.50 per share on Monday.
Sehn, who leads the app maker's engineering teams, sold the most Class A shares of the
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