Snap officer plans sale of 20,000 shares
Rhea-AI Filing Summary
Snap Inc (SNAP) has a notice under Rule 144 from officer Rebecca Morrow covering a proposed sale of up to 20,000 shares of Snap common stock through Charles Schwab & Co., Inc. The intended sale, listed for trading on the NYSE, has an approximate aggregate value of $106,985.
The shares to be sold were acquired on August 15, 2026 through a Restricted Stock Lapse as equity compensation. The notice also reports that during the prior three months, Morrow sold 17,336 shares of Snap common stock on August 17, 2026 for aggregate proceeds of $90,114.
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Key Figures
Proposed shares to be sold: 20,000 shares
Proposed aggregate sale price: $106,985
Date shares acquired: August 15, 2026
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6 metrics
Proposed shares to be sold
20,000 shares
Planned sale of Snap Inc common stock under Rule 144
Proposed aggregate sale price
$106,985
Approximate value of 20,000 shares to be sold
Date shares acquired
August 15, 2026
Acquired via Restricted Stock Lapse as equity compensation
Shares sold in prior 3 months
17,336 shares
Sale of Snap Inc common stock on August 17, 2026
Proceeds from prior sale
$90,114
Aggregate proceeds from 17,336 shares sold on August 17, 2026
Proposed sale date
September 9, 2026
Intended sale date for 20,000 shares of Snap common stock
Key Terms
Rule 144, Restricted Stock Lapse, Equity Compensation
3 terms
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
"20000 | 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.
FAQ
What does the Rule 144 filing disclose for SNAP?
The filing discloses that Rebecca Morrow, an officer of Snap Inc (SNAP), has filed a Rule 144 notice for a proposed sale of 20,000 shares of Snap common stock with an approximate aggregate value of $106,985 to be sold on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.