STOCK TITAN

SNAP Inc. (NYSE: SNAP) files notice to sell 3,570 restricted shares

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

Rhea-AI Filing Summary

SNAP Inc. notice under Form 144 reports an intended sale of 3,570 shares of Common stock tied to a restricted stock lapse dated 05/15/2026. The filing also discloses prior sales by Rebecca Morrow of 3,175 shares on 02/19/2026 and 16,729 shares on 05/18/2026, with aggregate amounts shown in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice of proposed resale of restricted shares.

The filing lists a restricted stock lapse dated 05/15/2026 and an intended sale of 3,570 shares. Form 144 provides notice of proposed sales by affiliates and triggers applicable resale restrictions and broker-dealer procedures.

Prior reported sales by Rebecca Morrow — 3,175 shares on 02/19/2026 and 16,729 shares on 05/18/2026 — appear in the excerpt as recent disposition activity; timing and exact cash‑flow counterparties are not provided in the excerpt.

Intended resale 3,570 shares restricted stock lapse dated 05/15/2026
Prior sale (Feb) 3,175 shares sale on 02/19/2026 with aggregate shown as 15367.00
Prior sale (May) 16,729 shares sale on 05/18/2026 with aggregate shown as 93650.00
Exchange NYSE listing shown in excerpt
Restricted Stock Lapse regulatory
"Common | 05/15/2026 | Restricted Stock Lapse | SNAP INC."
Form 144 regulatory
"CONTENT METADATA: "form_type": "144""
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Equity Compensation financial
"05/15/2026 | Restricted Stock Lapse | SNAP INC. | 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.

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's Form 144 disclose about the 3,570 shares?

It states an intended sale of 3,570 shares related to a restricted stock lapse dated 05/15/2026. The filing is a notice of proposed resale by an affiliate under resale rules.

Who is the individual selling shares in the provided excerpt for SNAP?

Rebecca Morrow is named in the excerpt, with prior reported sales of 3,175 shares on 02/19/2026 and 16,729 shares on 05/18/2026. The Form 144 lists her recent dispositions.

Does the Form 144 excerpt state proceeds or buyers for the reported sales?

The excerpt shows aggregate dollar figures next to past sales rows but does not identify counterparties or detailed proceeds allocation. Specific buyer identities and net proceeds recipients are not shown in the excerpt.

What is the significance of a 'restricted stock lapse' on 05/15/2026?

A restricted stock lapse indicates the end of transfer restrictions on the shares as of 05/15/2026, permitting an affiliate to offer the shares for resale as reported on Form 144.