Snap (NYSE: SNAP) insider plans sale of 34535 common shares
Rhea-AI Filing Summary
Snap Inc. insider Derek Andersen has filed a notice of proposed sale of 34535 shares of Snap common stock. The shares are to be sold through Charles Schwab & Co., Inc. on the NYSE, with an aggregate market value of 249123.00 based on the information provided. The notice reports 1465208378 Snap common shares outstanding.
The 34535 shares were acquired on 12/16/2025 as restricted stock units from Snap Inc., treated as equity compensation. Over the prior three months, Andersen reported separate sales of 33871, 16412 and 62868 Snap shares on 09/16/2025, 11/14/2025 and 11/17/2025, generating gross proceeds of 255973.00, 137912.00 and 524305.00, respectively.
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FAQ
Who is selling Snap (SNAP) shares in this notice?
The notice identifies Derek Andersen, with an address at 3000 31st Street, Santa Monica, CA 90405, as the person for whose account the Snap Inc. securities are to be sold.
How many Snap (SNAP) shares are planned to be sold and of what type?
The planned sale covers 34535 shares of Snap Inc. common stock, listed under the class "Common" in the securities information section.
On which exchange and through which broker will the Snap (SNAP) shares be sold?
The shares are to be sold through Charles Schwab & Co., Inc., 3000 Schwab Way, Westlake, TX 76262, and the notice names the NYSE as the securities exchange.
What is the reported market value and shares outstanding for Snap (SNAP) in this notice?
The 34535 shares to be sold have an aggregate market value of 249123.00. The notice also reports 1465208378 Snap common shares outstanding.
How and when were the Snap (SNAP) shares to be sold acquired?
The 34535 shares were acquired on 12/16/2025 as a Restricted Stock Unit award from Snap Inc., with the nature of payment described as Equity Compensation.
What Snap (SNAP) share sales has Derek Andersen reported in the past 3 months?
Over the past three months, Derek Andersen reported sales of Snap securities on three dates: 33871 shares on 09/16/2025 for gross proceeds of 255973.00, 16412 shares on 11/14/2025 for 137912.00, and 62868 shares on 11/17/2025 for 524305.00.