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1M Snap (NYSE: SNAP) shares set for sale by revocable trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snap Inc. insider-affiliated holder plans to sell 1,000,000 common shares. The shares are expected to be sold on or about 02/06/2026 on the NYSE through Wells Fargo Clearing Services, with an indicated aggregate market value of $5,210,020.96 and 1,434,801,757 shares outstanding.

The 1,000,000 shares were originally acquired as dividend shares from the issuer on 10/01/2016. In the past three months, The Wayne Manor Revocable Trust sold 1,000,000 Snap common shares on 11/07/2025 for gross proceeds of $7,943,662.32.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does this Form 144 filing indicate for SNAP?

This Form 144 notice indicates an intention to sell 1,000,000 Snap common shares on the NYSE. It is a regulatory disclosure for planned sales of restricted or control securities and does not by itself change the company’s operations or capital structure.

How many SNAP shares are planned for sale under this Form 144?

The filing shows an intention to sell 1,000,000 shares of Snap common stock. The aggregate market value tied to this planned sale is listed as $5,210,020.96, based on the filer’s indicated pricing information for the proposed transaction.

When is the planned sale date for the 1,000,000 SNAP shares?

The approximate date of sale for the 1,000,000 Snap common shares is listed as 02/06/2026. This date reflects when the filer expects to execute trades on the NYSE through the named broker, subject to market conditions and any applicable trading plans.

What prior SNAP share sales are disclosed in this Form 144?

The filing discloses that The Wayne Manor Revocable Trust sold 1,000,000 Snap common shares on 11/07/2025, generating gross proceeds of $7,943,662.32. These transactions occurred within the three months preceding the new planned sale.

How were the SNAP shares in this Form 144 originally acquired?

The 1,000,000 Snap common shares covered by this notice were acquired on 10/01/2016 as dividend shares from the issuer. The filing shows the issuer as the source and lists the nature of the acquisition transaction as “Dividend Shares.”

How many SNAP shares were outstanding at the time of this notice?

The document reports 1,434,801,757 Snap common shares outstanding. This figure provides context for the size of the planned 1,000,000-share sale relative to the company’s total common shares at the time of the filing.
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