Snap (NYSE: SNAP) trust plans Rule 144 sale of over 1.2M shares

Rhea-AI Filing Summary

Snap Inc. has a Rule 144 notice from The Captains Chest Revocable Trust covering the planned sale of 1,220,165 common shares, with an aggregate market value of $10,002,815.59. The shares are to be sold through Wells Fargo Clearing Services on the NYSE, and the issuer shows 1,465,208,378 shares outstanding of this class. The securities were acquired as dividend shares from the issuer on 10/01/2016 in the same amount of 1,220,165 shares.

Over the past three months, the same trust reported sales of Snap common shares, including 1,300 shares on 12/05/2025 for $10,315.00, 1,258,600 shares on 12/08/2025 for $10,000,390.42, and 1,258,850 shares on 12/30/2025 for $9,997,124.28. The signer represents that they do not know of any undisclosed material adverse information about Snap’s current or prospective operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services 1 N. Jefferson Ave. St. Louis MO 63103	1220165	10002815.59	1465208378	01/05/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/01/2016	Dividend Shares	Issuer			1220165	10/01/2016	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The Captains Chest Revocable Trust 3000 31st Street Santa Monica CA 90405	Common shares of SNAP	12/05/2025	1300	10315.00
The Captains Chest Revocable Trust 3000 31st Street Santa Monica CA 90405	Common shares of SNAP	12/08/2025	1258600	10000390.42
The Captains Chest Revocable Trust 3000 31st Street Santa Monica CA 90405	Common shares of SNAP	12/30/2025	1258850	9997124.28

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Snap (SNAP) Form 144 disclose about upcoming share sales?

The filing shows that The Captains Chest Revocable Trust has filed a notice under Rule 144 to sell up to 1,220,165 Snap common shares, with an aggregate market value of $10,002,815.59. These shares are to be sold through Wells Fargo Clearing Services on the NYSE.

How many Snap (SNAP) shares has the seller recently sold under Rule 144?

Over the past three months, The Captains Chest Revocable Trust reported sales of Snap common shares including 1,300 shares on 12/05/2025 for $10,315.00, 1,258,600 shares on 12/08/2025 for $10,000,390.42, and 1,258,850 shares on 12/30/2025 for $9,997,124.28.

How and when were the Snap (SNAP) shares in this Form 144 acquired?

The 1,220,165 Snap common shares covered by the notice were acquired on 10/01/2016 as dividend shares from the issuer. The amount acquired on that date matches the amount now covered by the planned sale.

What does the Form 144 say about Snap (SNAP) shares outstanding?

For the class of common stock to be sold, the filing states that there are 1,465,208,378 shares outstanding. This provides context for the size of the position relative to the total common shares.

Which broker and exchange are involved in the Snap (SNAP) Rule 144 sale?

The notice lists Wells Fargo Clearing Services, located at 1 N. Jefferson Ave., St. Louis, MO 63103, as the broker handling the planned sale of Snap common shares on the NYSE.

What representation does the seller make about Snap (SNAP) in this Form 144?

The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about Snap’s current or prospective operations that has not been publicly disclosed.