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Snap Inc. Rule 144 Notice — 116,459 Shares via Charles Schwab

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

Rhea-AI Filing Summary

Form 144 filed for Snap Inc. (SNAP): The notice reports a proposed sale of 116,459 shares of common stock through Charles Schwab & Co., Inc., with an aggregate market value of $835,711.00. The shares are listed as outstanding 1,435,682,333 and the approximate sale date is 08/18/2025 on the NYSE. The acquisition is reported as Restricted Stock Unit compensation granted by Snap Inc., with acquisition and payment dates both listed as 08/18/2025 and the nature of payment as Equity Compensation. The filing does not identify the person on whose account the securities will be sold; that field is not provided in the content.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider sale notice for 116,459 RSU shares valued at $835,711; disclosure is routine and appears administrative.

The filing documents a Rule 144 notice for sale of RSU-derived shares through a retail broker on the NYSE. The size of the position (116,459 shares) relative to the reported outstanding shares (1,435,682,333) is very small, suggesting limited dilution or market impact from this single notice. Key details such as the identity of the selling person are not provided in the supplied content, limiting assessment of insider status or holding period compliance. No prior sales in the past three months are reported.

TL;DR: The form documents an equity-compensation sale but omits the seller's identity; disclosure meets basic Rule 144 structure.

The form indicates the securities arose from Restricted Stock Units granted by Snap Inc. and that payment was via equity compensation. The notice includes a broker and expected sale date but lacks the named person for whose account the sale will occur, which is a material omission for governance review. The signer represents no undisclosed material adverse information, per the form language. The filing is procedural; without the seller identity, governance implications are unclear from this content alone.

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 the Form 144 for SNAP report?

The form reports a proposed sale of 116,459 common shares valued at $835,711.00, to be sold on 08/18/2025 on the NYSE through Charles Schwab & Co., Inc.

What type of shares are being sold in the SNAP Form 144?

The shares are from Restricted Stock Units (RSUs) granted by Snap Inc., with acquisition and payment dates listed as 08/18/2025 and payment described as Equity Compensation.

Who is the seller named in the SNAP Form 144?

The provided content does not identify the person for whose account the securities are to be sold; that information is not included.

Does the filing show any securities sold by the seller in the past three months?

The form states "Nothing to Report" for securities sold during the past three months.

How large is the proposed sale relative to SNAP's outstanding shares?

The filing lists 1,435,682,333 shares outstanding; the proposed sale of 116,459 shares represents a very small fraction of outstanding shares based on these figures.
Snap Inc

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13.08B
1.12B
23.77%
60.18%
8.51%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
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United States
SANTA MONICA