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Snap (NYSE: SNAP) insider trust files to sell 24,000 shares under Rule 144

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

Rhea-AI Filing Summary

Snap Inc. insider plans additional share sale under Rule 144. A holder is notifying regulators of an intent to sell 24,000 shares of Snap common stock through Goldman Sachs & Co. LLC on or around 11/28/2025, with an aggregate market value of $182,640, on the NYSE.

The shares were originally acquired from Snap as compensation in the form of restricted stock units on 02/15/2022 and 05/15/2022, totaling 24,000 shares. As context, Snap had 1,465,208,378 shares of common stock outstanding at the time referenced. The filing also notes that over the prior three months, the Michael O'Sullivan Living Trust sold 24,000 Snap shares in each of August, September, and October 2025, for gross proceeds ranging from about $171,857 to $188,544 per 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 Snap (SNAP) disclose in this Form 144 filing?

The notice states that an insider-related holder plans to sell 24,000 shares of Snap common stock under Rule 144, with an aggregate market value of $182,640, through Goldman Sachs & Co. LLC on or about 11/28/2025 on the NYSE.

How many Snap (SNAP) shares are being proposed for sale and what is their value?

The planned sale covers 24,000 shares of Snap common stock with an indicated aggregate market value of $182,640 in this notice.

How were the Snap (SNAP) shares being sold under this Form 144 originally acquired?

The 24,000 shares were acquired from the issuer as compensation via restricted stock units on 02/15/2022 (22,134 shares) and 05/15/2022 (1,866 shares), with compensation listed as the nature of payment.

What prior sales of Snap (SNAP) shares by this holder occurred in the last three months?

The Michael O'Sullivan Living Trust sold 24,000 shares of Snap common stock on each of 08/29/2025, 09/30/2025, and 10/31/2025, for gross proceeds of $171,856.80, $188,544.00, and $184,423.20, respectively.

How many Snap (SNAP) shares were outstanding at the time referenced in the Form 144?

The filing lists 1,465,208,378 shares of Snap common stock as outstanding as a context figure for the proposed 24,000-share sale.

Which broker is handling the planned Snap (SNAP) share sale under Rule 144?

The proposed Rule 144 sale will be executed through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282.
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