The Wayne Manor Revocable Trust (SNAP) files to sell 2M SNAP shares under Rule 144

Rhea-AI Filing Summary

The Wayne Manor Revocable Trust filed a notice of proposed sale under Rule 144 for 2,000,000 common shares of SNAP, to be executed through Wells Fargo Clearing Services on or about August 6, 2026. The filing lists an aggregate market value of approximately $10,382,185.95 for these shares and notes that the shares originated as dividend shares. It also reports prior sales of 2,000,000 common shares of SNAP on each of May 13, 2026 for $10,763,623.50, May 14, 2026 for $10,441,103.25, and August 5, 2026 for $10,989,710.29.

Key Figures

Shares proposed for sale: 2,000,000 shares Proposed sale market value: $10,382,185.95 Sale on May 13, 2026: 2,000,000 shares; $10,763,623.50 +2 more

5 metrics

Shares proposed for sale 2,000,000 shares Common shares of SNAP to be sold under Rule 144 on or about August 6, 2026

Proposed sale market value $10,382,185.95 Aggregate market value for 2,000,000 SNAP common shares in the planned Rule 144 sale

Sale on May 13, 2026 2,000,000 shares; $10,763,623.50 Common shares of SNAP sold by The Wayne Manor Revocable Trust on May 13, 2026

Sale on May 14, 2026 2,000,000 shares; $10,441,103.25 Common shares of SNAP sold by The Wayne Manor Revocable Trust on May 14, 2026

Sale on August 5, 2026 2,000,000 shares; $10,989,710.29 Common shares of SNAP sold by The Wayne Manor Revocable Trust on August 5, 2026

Key Terms

Rule 144, Form 144, dividend shares, aggregate market value

4 terms

Rule 144 regulatory

"filed a notice of proposed sale under Rule 144 for 2,000,000 common shares"

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.

Form 144 regulatory

"What does the Form 144 filing for SNAP by The Wayne Manor Revocable Trust disclose?"

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.

dividend shares financial

"the shares originated as dividend shares"

Dividend shares are additional company shares issued to shareholders as a payout instead of cash, effectively increasing the number of shares you own without a purchase. They matter to investors because they raise your ownership stake and potential future income from the stock, change how gains and income are taxed, and can signal a company’s approach to returning value — like receiving extra slices of pizza now rather than money to spend.

aggregate market value financial

"lists an aggregate market value of approximately $10,382,185.95 for these shares"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/06/2026 - 04:01 PM Accepted by SEC EDGAR 08/06/2026 - 04:00 PM Learn about SEC filing dates

FAQ

What does the Form 144 filing for SNAP by The Wayne Manor Revocable Trust disclose?

The filing reports a planned sale of 2,000,000 common shares of SNAP under Rule 144. The shares are to be sold through Wells Fargo Clearing Services with an aggregate market value of about $10,382,185.95 and are identified as dividend shares.

How many SNAP (SNAP) shares are proposed to be sold in this Form 144?

The Wayne Manor Revocable Trust proposes to sell 2,000,000 common shares of SNAP. These shares are scheduled for sale on or about August 6, 2026 via Wells Fargo Clearing Services and are associated with an indicated aggregate market value of $10,382,185.95.

What prior SNAP (SNAP) share sales are reported in the past 3 months?

The notice lists three prior SNAP sales of 2,000,000 shares each: on May 13, 2026 for $10,763,623.50, on May 14, 2026 for $10,441,103.25, and on August 5, 2026 for $10,989,710.29 by The Wayne Manor Revocable Trust.

Who is the selling security holder in the SNAP (SNAP) Form 144?

The selling security holder is The Wayne Manor Revocable Trust, with an address at 3000 31st Street, Santa Monica, CA 90405. The trust is listed as the holder of the SNAP common shares included in both the proposed and recent reported sales.

Through which broker are the SNAP (SNAP) shares expected to be sold?

The proposed sale is to be executed through Wells Fargo Clearing Services, located at 1 N. Jefferson Ave, St. Louis, MO 63103. The filing associates this broker with the planned sale of 2,000,000 SNAP common shares on or about August 6, 2026.

On which exchange are the SNAP (SNAP) shares referenced in this Form 144 traded?

The common shares referenced in the notice are listed on the NYSE. The filing identifies the class as Common and specifies the New York Stock Exchange as the trading market for the SNAP shares involved in the proposed Rule 144 sale.

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

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	2000000	10382185.95	1437047479	08/06/2026	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			2000000	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 Wayne Manor Revocable Trust 3000 31ST STREET SANTA MONICA CA 90405	Common shares of SNAP	05/13/2026	2000000	10763623.50
The Wayne Manor Revocable Trust 3000 31ST STREET SANTA MONICA CA 90405	Common Shares of SNAP	05/14/2026	2000000	10441103.25
The Wayne Manor Revocable Trust 3000 31ST STREET SANTA MONICA CA 90405	Common Shares of SNAP	08/05/2026	2000000	10989710.29

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)