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Snap officer plans sale of 20,000 shares

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many SNAP shares is Rebecca Morrow planning to sell under this notice?

Rebecca Morrow is planning a proposed sale of up to 20,000 shares of Snap Inc common stock under this Rule 144 notice, with an indicated aggregate value of about $106,985.

How were the SNAP shares in this Rule 144 notice acquired?

The 20,000 shares of Snap Inc common stock covered by the notice were acquired on August 15, 2026 through a Restricted Stock Lapse as part of equity compensation from Snap Inc.

Has Rebecca Morrow sold SNAP shares recently before this filing?

Yes. The notice reports that Rebecca Morrow sold 17,336 shares of Snap Inc common stock on August 17, 2026 for aggregate proceeds of $90,114 during the three months preceding this filing.

Which broker is handling the proposed SNAP share sale for this Rule 144 filing?

The proposed sale of Snap Inc common stock is listed through Charles Schwab & Co., Inc., located in Westlake, Texas, as the broker handling the 20,000-share transaction.

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

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Learn about SEC filing dates

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

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