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Snap officer plans sale of 11,257 shares

Snap Inc (SNAP) reports that officer Zachary M. Briers has filed a notice under Rule 144 to sell 11,257 shares of Snap common stock, to be delivered from a restricted stock lapse and identified as equity compensation.

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

Rhea-AI Filing Summary

Snap Inc (SNAP) reports that officer Zachary M. Briers has filed a notice under Rule 144 to sell 11,257 shares of Snap common stock, to be delivered from a restricted stock lapse and identified as equity compensation. The shares are held at Charles Schwab & Co., Inc. and are associated with an event dated August 15, 2026. The notice also lists prior sales of Snap common stock by Briers during the past three months, with specific share amounts and dollar values disclosed.

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Planned shares to be sold under Rule 144 11,257 shares Common stock tied to a restricted stock lapse dated August 15, 2026
Recent sale on June 4, 2026 11,958 shares; $71,748.00 aggregate Sale of Snap Inc common stock by Zachary M. Briers
Recent sale on August 17, 2026 136,504 shares; $709,457.00 aggregate Sale of Snap Inc common stock by Zachary M. Briers
Recent sale on August 19, 2026 67,540 shares; $343,145.00 aggregate Sale of Snap Inc common stock by Zachary M. Briers
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock lapse financial
"Common | 08/15/2026 | Restricted Stock Lapse | SNAP INC."
equity compensation financial
"11257 | 08/15/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
common stock financial
"Common | Charles Schwab & Co., Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What does Snap Inc (SNAP) disclose about Zachary M. Briers' planned stock sale?
Snap Inc discloses that officer Zachary M. Briers filed a Rule 144 notice to sell 11,257 shares of Snap common stock, tied to a restricted stock lapse and classified as equity compensation, associated with an event dated August 15, 2026.

How many Snap (SNAP) shares has Zachary M. Briers sold in the past three months?
The notice lists three sales by Zachary M. Briers over the past three months: 11,958 shares on June 4, 2026; 136,504 shares on August 17, 2026; and 67,540 shares on August 19, 2026, each with corresponding aggregate dollar amounts disclosed.

What dollar amounts are associated with recent Snap (SNAP) stock sales by Zachary M. Briers?
For the past three months, the filing reports aggregate dollar amounts of $71,748.00 for 11,958 shares on June 4, 2026; $709,457.00 for 136,504 shares on August 17, 2026; and $343,145.00 for 67,540 shares on August 19, 2026.

What is the nature of the Snap (SNAP) shares covered by Zachary M. Briers' Rule 144 notice?
The 11,257 Snap common shares covered by the notice are identified as arising from a restricted stock lapse on August 15, 2026 and are categorized as equity compensation to Briers.

Which broker holds the Snap (SNAP) shares for Zachary M. Briers' planned Rule 144 sale?
The shares for the planned sale are held at Charles Schwab & Co., Inc., located in Westlake, Texas, as stated in the securities information section of the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

Source: View Original Filing on SEC EDGAR