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.
Sentiment and the balance of points
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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.
Key Figures
Key Terms
Rule 10b5-1 regulatory
Aggregate Market Value financial
Gross Proceeds financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What gross proceeds were reported for the SNAP trust sale?
What Rule 10b5-1 plan adoption date does the SNAP notice list?
AI-generated analysis. How Rhea-AI works. Not financial advice.