STOCK TITAN

129,493 SNAP shares proposed for sale after restricted lapse (NYSE: SNAP)

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

Rhea-AI Filing Summary

Snap Inc. filed a Form 144 notice for the proposed sale of 129,493 shares of Common Stock tied to an equity compensation event. The filing lists the security as a Restricted Stock Lapse effective 05/18/2026 and identifies Charles Schwab & Co., Inc. as the broker.

The excerpt shows prior dispositions by Zachary M. Briers, including 68,620 shares on 02/18/2026 and 11,437 shares on 04/15/2026, reported with corresponding dollar figures in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Form 144 registers a proposed resale of restricted shares after vesting.

The filing lists 129,493 shares of Common Stock associated with a Restricted Stock Lapse dated 05/18/2026, using Charles Schwab & Co., Inc. as the broker. This is a routine notice required when restricted securities become eligible for resale.

Prior reported dispositions by a named holder are listed, including transactions on 02/18/2026 and 04/15/2026. Cash‑flow treatment and whether the seller is an affiliate are not specified in the provided excerpt.

Proposed resale 129,493 shares Listed as securities to be sold, Restricted Stock Lapse dated <date>05/18/2026</date>
Effective date 05/18/2026 Restricted Stock Lapse effective date
Past sale by holder 68,620 shares Disposition by Zachary M. Briers on <date>02/18/2026</date>
Past sale by holder 11,437 shares Disposition by Zachary M. Briers on <date>04/15/2026</date>
Dollar figure shown <money>$324,741.00</money> Amount shown alongside 68,620-share disposition in excerpt
Dollar figure shown <money>$69,079.00</money> Amount shown alongside 11,437-share disposition in excerpt
Form 144 regulatory
"144: Securities To Be Sold — Common | 05/18/2026 | Restricted Stock Lapse"
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.
Restricted Stock Lapse financial
"Securities To Be Sold | Restricted Stock Lapse - See Remarks | SNAP INC."
Equity Compensation financial
"05/18/2026 | 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.

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 Inc.'s Form 144 filing mean for shareholders?

It notifies the SEC of a proposed resale of 129,493 shares tied to a restricted stock lapse. The form itself is an administrative disclosure; it does not by itself change company cash flows or outstanding share counts.

When did the restricted stock lapse for the shares in the filing?

The filing shows the restricted stock lapse effective on 05/18/2026. That date is presented in the excerpt as the event allowing the registered resale to be reported under Form 144.

Who is the broker handling the proposed sale in the Form 144?

The excerpt identifies Charles Schwab & Co., Inc. at 3000 Schwab Way, Westlake TX. The broker is listed in the securities information section of the filing excerpt.

Does the excerpt show any recent insider sales by named holders?

Yes, the excerpt records sales by Zachary M. Briers: 68,620 shares on 02/18/2026 and 11,437 shares on 04/15/2026, with dollar figures shown alongside those transactions in the excerpt.