Snap (SNAP) Rule 144 Notice: Insider to Sell 60,966 RSU Shares on Aug 18

Rhea-AI Filing Summary

Snap Inc. (SNAP) Rule 144 notice: The filer proposes to sell 60,966 shares of Snap common stock through Charles Schwab & Co., with an aggregate market value of $437,431.00, on or about 08/18/2025 on the NYSE. The shares were acquired the same day as Restricted Stock Units from Snap Inc. and are described as equity compensation. The filing also reports a sale by Derek Andersen of 33,886 shares on 06/16/2025 for gross proceeds of $272,453.00. The notice includes the Rule 144 attestation but provides limited filer contact details in the visible content.

Positive

• Transaction transparency: Broker, number of shares, aggregate market value, and sale date are disclosed.
• Acquisition type stated: Shares were acquired as Restricted Stock Units and paid via equity compensation.

Negative

• Incomplete filer identifiers shown: Filer CIK/CCC and submission contact information are not populated in the visible content.
• Limited context: Filing provides minimal narrative or additional disclosure beyond transaction fields.

Insights

Securities Analyst

TL;DR: Proposed insider sale of RSUs is routine and size appears modest relative to shares outstanding.

The notice documents a planned Rule 144 sale of 60,966 shares acquired as restricted stock units and designated as equity compensation, scheduled for 08/18/2025. With 1,435,682,333 shares reported outstanding, the proposed sale represents a very small fraction of the float, suggesting limited direct market impact. The filing also discloses a recent sale by an individual (33,886 shares) yielding $272,453, which supports the view of ordinary insider liquidity activity rather than a corporate event.

Compliance / Risk Analyst

TL;DR: Form 144 appears procedurally complete on transactions but lacks some visible filer contact identifiers.

The filing notes the required Rule 144 attestation and identifies the broker and transaction details, including acquisition date and payment type (equity compensation). However, fields shown for filer CIK/CCC and submission contact details are blank or not populated in the visible extract, which could complicate verification until the full filing record is available. For compliance review, transaction dates, broker, and gross values are clearly stated.

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	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	60966	437431.00	1435682333	08/18/2025	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	08/18/2025	Restricted Stock Unit - See Remarks	SNAP INC.			60966	08/18/2025	Equity 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
DEREK ANDERSEN 3000 31st Street Santa Monica CA 90405	SNAP INC.	06/16/2025	33886	272453.00

144: Remarks and Signature

Remarks

Date of Notice

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 shares of SNAP are planned for sale under this Form 144?

The filer proposes to sell 60,966 shares of Snap Inc. common stock via Charles Schwab & Co., with an aggregate market value of $437,431.00.

When is the planned sale date for the SNAP shares?

The approximate date of sale is listed as 08/18/2025 on the NYSE.

How were the shares acquired that are being sold under Rule 144?

The shares were acquired on 08/18/2025 as Restricted Stock Units from Snap Inc., and the payment type is recorded as equity compensation.

Does the filing show any recent sales by insiders of SNAP?

Yes. The filing reports that Derek Andersen sold 33,886 shares on 06/16/2025 for gross proceeds of $272,453.00.

Is the filer required to attest to material nonpublic information in this Form 144?

Yes. The notice includes the statutory attestation that the person does not know any material adverse information about the issuer that has not been publicly disclosed.