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Derek Andersen plans Snap (SNAP) sale of 63,041 common shares

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

Rhea-AI Filing Summary

Snap Inc. affiliate Derek Andersen has filed a notice to sell 63,041 shares of Snap common stock. The planned sale, with an aggregate market value of $296,330.00, is to be executed through Charles Schwab & Co., Inc. on or around 02/17/2026 on the NYSE.

The shares to be sold were acquired as restricted stock units from Snap Inc. on 02/17/2026 as equity compensation. The filing also lists prior sales of Snap securities over the past three months by Derek Andersen totaling 62,868, 34,535, and 23,715 shares on 11/17/2025, 12/16/2025, and 01/14/2026, respectively, with stated gross proceeds for each transaction.

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 the Snap (SNAP) Form 144 filing by Derek Andersen disclose?

The Form 144 shows Derek Andersen plans to sell 63,041 Snap common shares. The filing reports an aggregate market value of $296,330.00, with the sale expected around February 17, 2026 on the NYSE through Charles Schwab & Co., Inc.

How many Snap (SNAP) shares is Derek Andersen planning to sell under this Form 144?

Derek Andersen plans to sell 63,041 shares of Snap common stock. The notice lists an aggregate market value of $296,330.00 for these shares, with Charles Schwab & Co., Inc. as broker and the NYSE named as the securities exchange.

When and how were the Snap (SNAP) shares in the Form 144 acquired?

The 63,041 Snap common shares were acquired on February 17, 2026 as restricted stock units. The filing describes the nature of the transaction as equity compensation from Snap Inc., with the same date listed for both acquisition and payment.

What prior Snap (SNAP) stock sales by Derek Andersen are listed in the past 3 months?

The filing lists three prior Snap sales: 62,868 shares on November 17, 2025, 34,535 shares on December 16, 2025, and 23,715 shares on January 14, 2026. Each transaction includes reported gross proceeds in dollars for the sold securities.

Which broker and exchange are involved in Derek Andersen’s planned Snap (SNAP) sale?

The planned sale will be executed through Charles Schwab & Co., Inc., based in Westlake, Texas. The Form 144 identifies the NYSE as the securities exchange where the 63,041 Snap common shares are expected to be sold around February 17, 2026.

What representation does the seller make in this Snap (SNAP) Form 144 notice?

The person for whose account the securities are to be sold represents that they do not know any undisclosed material adverse information about Snap Inc.’s current or prospective operations, according to the signed notice’s stated representation language.
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