Snap Inc. Form 144: Michael J. O'Sullivan plans $591K share sale
Rhea-AI Filing Summary
Snap Inc. insider Michael J. O'Sullivan filed a Form 144 notice to potentially sell 70,882 shares of Snap common stock, with an aggregate market value of $591,019, through Charles Schwab & Co. on the NYSE on 11/17/2025. The shares were acquired as restricted stock units from Snap Inc. on 11/17/2025 as equity compensation. Over the prior three months, he reported sales of Snap Inc. securities on 08/18/2025 (68,705 units for $493,084), 08/29/2025 (24,000 units for $171,857), 09/16/2025 (14,290 units for $107,996), 09/30/2025 (24,000 units for $188,544), and 10/31/2025 (24,000 units for $185,623).
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FAQ
What does Snap (SNAP) insider Michael J. O'Sullivan disclose in this Form 144?
The filing states that Michael J. O'Sullivan intends to sell 70,882 shares of Snap common stock, with an aggregate market value of $591,019, through Charles Schwab & Co., Inc. on the NYSE on 11/17/2025.
How were the Snap (SNAP) securities being sold acquired by Michael J. O'Sullivan?
The Form 144 notes that the securities are Common stock acquired on 11/17/2025 via a Restricted Stock Unit transaction described as "Restricted Stock Unit- See Remarks", with the nature of payment listed as Equity Compensation.
Which broker and exchange are involved in this Snap (SNAP) Form 144 sale?
The filing lists Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, TX 76262, as the broker, and names the NYSE as the securities exchange for the sale of the Common shares.
How many Snap securities has Michael J. O'Sullivan sold in the past 3 months?
The Form 144 shows prior sales of Snap Inc. securities during the past 3 months: 68,705 units on 08/18/2025, 24,000 units on 08/29/2025, 14,290 units on 09/16/2025, 24,000 units on 09/30/2025, and 24,000 units on 10/31/2025, each with corresponding gross proceeds listed.
What gross proceeds did Michael J. O'Sullivan report from recent Snap (SNAP) sales?
For Snap Inc. securities sold in the prior 3 months, the filing reports gross proceeds of $493,084 on 08/18/2025, $171,857 on 08/29/2025, $107,996 on 09/16/2025, $188,544 on 09/30/2025, and $185,623 on 10/31/2025.
What representation does the seller make in this Snap (SNAP) Form 144 notice?
The notice states that the person for whose account the securities are to be sold represents, by signing, that they do not know any material adverse information about the current and prospective operations of Snap Inc. that has not been publicly disclosed.