STOCK TITAN

Snap (NYSE: SNAP) officer lines up 67K-share stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snap Inc (SNAP) reports that officer Zachary M. Briers has notified of a proposed sale under Rule 144 of up to 67,540 shares of Snap common stock, held at Charles Schwab & Co., Inc.

The shares relate to a restricted stock lapse dated August 15, 2026 from equity compensation awards.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 67,540 shares Common stock to be sold for the account of Zachary M. Briers under Rule 144
Shares sold on May 19, 2026 71,745 shares Sale of Snap Inc common stock in the past three months
Aggregate sale price on May 19, 2026 $406,825.00 Total consideration for the May 19, 2026 sale of 71,745 shares
Shares sold on June 4, 2026 11,958 shares Sale of Snap Inc common stock in the past three months
Aggregate sale price on June 4, 2026 $71,748.00 Total consideration for the June 4, 2026 sale of 11,958 shares
Shares sold on August 17, 2026 136,504 shares Sale of Snap Inc common stock in the past three months
Aggregate sale price on August 17, 2026 $709,457.00 Total consideration for the August 17, 2026 sale of 136,504 shares
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
"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

Who is selling Snap Inc (SNAP) shares in this notice?

Officer Zachary M. Briers is the person for whose account Snap Inc common stock is to be sold under Rule 144, as disclosed in the notice, with the shares held at Charles Schwab & Co., Inc.

How many Snap (SNAP) shares does Zachary M. Briers plan to sell?

The notice covers a proposed sale of up to 67,540 shares of Snap Inc common stock. These shares arise from a restricted stock lapse dated August 15, 2026 connected to equity compensation.

What type of Snap (SNAP) securities are involved in this planned sale?

The planned sale involves Snap Inc common stock. The securities to be sold are identified as shares from a restricted stock lapse on August 15, 2026 that were granted as equity compensation.

What Snap (SNAP) share sales did Zachary M. Briers complete in the last 3 months?

Over the past three months, Zachary M. Briers sold 71,745 shares for $406,825.00, 11,958 shares for $71,748.00, and 136,504 shares for $709,457.00, all of Snap Inc common stock.

On which dates were recent Snap (SNAP) share sales by Zachary M. Briers made?

Recent sales of Snap Inc stock by Zachary M. Briers occurred on May 19, 2026, June 4, 2026, and August 17, 2026, as listed in the three-month sales history section.

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