Michael O'Sullivan Trust plans Rule 144 sale of 24,000 SNAP shares (NYSE: SNAP)

Rhea-AI Filing Summary

Michael O'Sullivan Living Trust filed a notice under Rule 144 to sell 24,000 shares of common stock through Goldman Sachs & Co. LLC on the NYSE, with an approximate sale date of 01/30/2026 and an aggregate market value of $166,320.

The shares to be sold were originally acquired on 11/15/2020 as restricted stock units granted as compensation by the issuer. The issuer had 1,465,208,378 shares outstanding, providing a baseline for the relative size of this transaction. The trust previously sold 24,000 shares on each of 10/31/2025, 11/28/2025, and 12/31/2025, generating gross proceeds of $184,423.2, $181,687.2, and $192,909.6, respectively. The seller represents that it is not aware of any undisclosed material adverse information about the issuer’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

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 Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	24000	166320	1465208378	01/30/2026	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 Stock	11/15/2020	Acquired as compensation -- Restricted Stock Units	Issuer			24000	11/15/2020	Compensation

* 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
Michael O'Sullivan Living Trust dtd 03/11/2020 3000 31st Street Santa Monica CA 90405	Common Stock	11/28/2025	24000	181687.2
Michael O'Sullivan Living Trust dtd 03/11/2020 3000 31st Street Santa Monica CA 90405	Common Stock	12/31/2025	24000	192909.6
Michael O'Sullivan Living Trust dtd 03/11/2020 3000 31st Street Santa Monica CA 90405	Common Stock	10/31/2025	24000	184423.2

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's latest Rule 144 filing disclose?

The filing shows Michael O'Sullivan Living Trust intends to sell 24,000 shares of common stock under Rule 144. The sale is planned through Goldman Sachs & Co. LLC on the NYSE around January 30, 2026, with an indicated aggregate market value of $166,320.

How many SNAP shares is the trust planning to sell under Rule 144?

The trust plans to sell 24,000 shares of common stock. These shares were acquired as restricted stock units granted as compensation on November 15, 2020, and are being sold through Goldman Sachs & Co. LLC in a transaction listed for the NYSE.

What prior SNAP stock sales does the Rule 144 notice report?

The notice lists three prior sales by Michael O'Sullivan Living Trust over the past three months, each for 24,000 shares. Sales occurred on October 31, November 28, and December 31, 2025, with gross proceeds of $184,423.2, $181,687.2, and $192,909.6, respectively.

How were the SNAP shares in this Rule 144 filing originally acquired?

The 24,000 shares to be sold were acquired on November 15, 2020 as restricted stock units granted as compensation by the issuer. The filing identifies the nature of payment as compensation, rather than a cash purchase, for this block of shares.

What does the SNAP Rule 144 filer represent about inside information?

The person for whose account the shares are being sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the standard Rule 144 representation language included in the notice.

How large is the planned SNAP share sale relative to shares outstanding?

The filing states that 1,465,208,378 shares of the issuer’s common stock are outstanding. The planned sale of 24,000 shares by the trust is therefore small relative to this baseline outstanding share count disclosed in the notice.