[144] Snap Inc SEC Filing
Snap Inc. shareholder Derek Andersen has filed a Form 144 indicating an intent to sell 62,868 shares of Snap common stock. The planned sale, through broker Charles Schwab & Co., Inc. on the NYSE, has an aggregate market value of $524,305 based on the figures provided, with 1,465,208,378 shares of Snap common stock reported as outstanding. The shares to be sold were acquired on 11/17/2025 as restricted stock units treated as equity compensation from Snap Inc.
Over the prior three months, Andersen reported additional Snap share sales: 60,966 shares for gross proceeds of $437,431 on 08/18/2025, 33,871 shares for $255,973 on 09/16/2025, and 16,412 shares for $137,912 on 11/14/2025. By signing the notice, the seller represents that he is not aware of any undisclosed material adverse information about Snap’s operations.
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FAQ
What does the Snap (SNAP) Form 144 filed by Derek Andersen report?
The Form 144 reports that Derek Andersen intends to sell 62,868 shares of Snap Inc. common stock, with an aggregate market value of $524,305, subject to Rule 144 conditions.
How many Snap (SNAP) shares does the Form 144 indicate may be sold and on which exchange?
The notice indicates a proposed sale of 62,868 Snap common shares on the NYSE, using Charles Schwab & Co., Inc. as the broker.
How were the Snap (SNAP) shares in this Form 144 acquired?
The shares covered by the Form 144 were acquired on 11/17/2025 as restricted stock units, described as Equity Compensation from Snap Inc.
What Snap (SNAP) share sales has Derek Andersen reported in the last three months?
During the past three months, Derek Andersen reported Snap sales of 60,966 shares for $437,431 on 08/18/2025, 33,871 shares for $255,973 on 09/16/2025, and 16,412 shares for $137,912 on 11/14/2025.
How many Snap (SNAP) shares are reported as outstanding in this Form 144?
The Form 144 lists 1,465,208,378 shares of Snap Inc. common stock as outstanding.
What representation does the seller make by signing the Snap (SNAP) Form 144?
By signing, the seller represents that he does not know any material adverse information about Snap’s current or prospective operations that has not been publicly disclosed.