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Snap: Robert C. Murphy proposes $10M share sale

The notice separately reports a November 6 trust sale with gross proceeds of $9,862,853.41.

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Form Type
144

Rhea-AI Filing Summary

Snap Inc officer and director Robert C. Murphy’s notice lists 2,000,000 common shares for sale, with an approximate sale date of November 9, 2026, and an aggregate market value of $10,013,505.04. The remarks identify The Wayne Manor Revocable Trust account, with Murphy as trustee.

The notice also reports that the trust sold 2,000,000 common shares on November 6, 2026, for gross proceeds of $9,862,853.41. It lists November 11, 2025, as the Rule 10b5-1 plan adoption date.

Shares listed for sale 2,000,000 common shares Approximate sale date November 9, 2026
Aggregate market value $10,013,505.04 Shares listed for sale
Shares sold by The Wayne Manor Revocable Trust 2,000,000 common shares November 6, 2026
Gross proceeds $9,862,853.41 The Wayne Manor Revocable Trust sale on November 6, 2026
Rule 10b5-1 plan adoption date November 11, 2025 Date listed in the notice
Rule 10b5-1 regulatory
"Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Aggregate Market Value financial
"Number of Shares or Other Units To Be Sold | Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Dividend Shares financial
"Nature of Acquisition Transaction | Dividend Shares"
Dividend shares are additional company shares issued to shareholders as a payout instead of cash, effectively increasing the number of shares you own without a purchase. They matter to investors because they raise your ownership stake and potential future income from the stock, change how gains and income are taxed, and can signal a company’s approach to returning value — like receiving extra slices of pizza now rather than money to spend.
Gross Proceeds financial
"Amount of Securities Sold | Gross Proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SNAP shares does Robert C. Murphy's notice list for sale?

The notice lists 2,000,000 common shares for sale around November 9, 2026, at an aggregate market value of $10,013,505.04; its remarks identify The Wayne Manor Revocable Trust account, with Robert C. Murphy as trustee.

What gross proceeds were reported for the SNAP trust sale?

The Wayne Manor Revocable Trust's reported sale of 2,000,000 common shares on November 6, 2026, had gross proceeds of $9,862,853.41.

What Rule 10b5-1 plan adoption date does the SNAP notice list?

The notice lists November 11, 2025, as the Rule 10b5-1 plan adoption date.

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

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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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