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Twitter CEO Jack Dorsey would make close to $25 million on today's stock jump
MARKETWATCH 10:36 AM ET 4/26/2017
Symbol Last Price Change
TWTR 16.2292up +1.5692 (+10.7%)
QUOTES AS OF 10:37:06 AM ET 04/26/2017
Jack Dorsey, the chief executive of Twitter Inc.(TWTR) , would be making close to $25 million on his investment in Twitter Wednesday, after the company's first-quarter earnings beat, based on FactSet data. Shares of Twitter were soaring 10.4% Wednesday morning. Dorsey is the seventh largest holder of stock in the company and also has options to buy 2 million additional shares at $3.115 that he has not exercised. Twitter Co-Founder Ev Williams, who recently announced plans to sell 30% of his stock (https://www.wsj.com/articles/twitter-co-founder-evan-williams-to-sell-30-of- his-stock-1491506749?tesla=y) in Twitter over the next year, is the second largest holder and would be making $67 million on his investment. Prince Al-Waleed bin Talal, Twitter's third largest shareholder, would be making close to $55 million. Shares of Twitter have fallen 3.5% in the past three months, while the S&P 500 has gained 4%.

-Caitlin Huston; 415-439-6400; [e-mail]


(END) Dow Jones Newswires
04-26-171036ET
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