Snap (SNAP) insider files Form 144 to sell 47,500 RSUs valued at $338,559

Rhea-AI Filing Summary

Snap Inc. (SNAP) Form 144: This notice reports a proposed sale of 47,500 common shares acquired as restricted stock units on 02/15/2025. The shares are held at Charles Schwab & Co. and the aggregate market value of the proposed sale is $338,559.00. The filer reports 1,435,682,333 shares outstanding and an approximate sale date of 08/18/2025 on the NYSE. The acquisition was part of equity compensation from Snap Inc., and there are no reported sales of issuer securities by the filer in the past three months.

Insights

Securities Analyst

TL;DR: Routine insider sale of vested RSUs; small relative size and no recent sales reported.

The filing documents a planned sale of vested restricted stock units totaling 47,500 shares with an aggregate market value of $338,559. This is presented as an equity compensation unwind executed through Charles Schwab. Relative to the company's reported 1.435 billion shares outstanding, the position is immaterial and the notice contains no disclosures of other sales in the prior three months, indicating limited near-term dilution or insider selling pressure.

Equity Compensation Specialist

TL;DR: Represents standard liquidity event for employee-held RSUs following vesting.

The securities were acquired and paid as equity compensation on the same date (02/15/2025), consistent with RSU vesting and settlement practices. The filer affirms no material non-public information and the planned sale is scheduled months after acquisition, suggesting compliance with insider trading policies and potential reliance on standard trading windows or 10b5-1 plans, though no plan adoption date is provided in the form.

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	47500	338559.00	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	02/15/2025	Restricted Stock Unit	Snap Inc.			47500	02/15/2025	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

Nothing to Report

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 the Snap (SNAP) Form 144 report?

The Form 144 reports a proposed sale of 47,500 common shares acquired as RSUs on 02/15/2025, with aggregate market value $338,559.00.

When is the approximate sale date listed on the SNAP Form 144?

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

Through which broker will the SNAP shares be sold?

The filing lists Charles Schwab & Co., Inc. as the broker and provides its address.

How many SNAP shares are outstanding according to the filing?

The Form 144 indicates 1,435,682,333 shares outstanding.

Were any SNAP securities sold by the filer in the past three months?

The filer reports "Nothing to Report" for securities sold in the past three months.