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

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.

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Accepted by SEC EDGAR 02/17/2026 - 05:32 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	63041	296330.00	1434801757	02/17/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/17/2026	Restricted Stock Unit - See Remarks	SNAP INC.			63041	02/17/2026	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DEREK ANDERSEN 3000 31st Street Santa Monica CA 90405	SNAP INC.	11/17/2025	62868	524305.00
DEREK ANDERSEN 3000 31st Street Santa Monica CA 90405	SNAP INC.	12/16/2025	34535	249123.00
DEREK ANDERSEN 3000 31st Street Santa Monica CA 90405	SNAP INC.	01/14/2026	23715	185593.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

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.