Snap counsel sells $67K in stock under plan

Snap’s General Counsel reported a pre-planned open-market sale of 11,257 Class A shares and continues to hold over 2.3 million shares directly.

Rhea-AI Filing Summary

Snap Inc (SNAP) disclosed that its General Counsel, Zachary M. Briers, sold 11,257 shares of Class A Common Stock on September 3, 2026 at $6.00 per share in an open-market transaction. The sale was made under a Rule 10b5-1 trading plan adopted on November 17, 2025, and Briers now directly holds 2,345,534 shares.

Insider Trade Summary 10b5-1

Net Seller: 11,257 shares

Net Sell 1 txn

Insider Briers Zachary M

Role General Counsel

Sold 11,257 shs ($68K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	11,257	$6.00	$68K

Holdings After Transaction: Class A Common Stock — 2,345,534 shares (Direct)

Footnotes (1)

1. F1. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.

Key Figures

Shares sold: 11,257 shares Sale price per share: $6.00 per share Transaction value: $67,542 +2 more

5 metrics

Shares sold 11,257 shares Class A Common Stock sold by the General Counsel on September 3, 2026

Sale price per share $6.00 per share Open-market sale of Snap Inc Class A Common Stock

Transaction value $67,542 Approximate value of 11,257 shares sold at $6.00 per share

Shares held after transaction 2,345,534 shares Direct holdings of Zachary M. Briers after the September 3, 2026 sale

Rule 10b5-1 plan adoption date November 17, 2025 Date the trading plan governing the reported sale was adopted

Key Terms

Rule 10b5-1 trading plan, open-market transaction, Class A Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market transaction market

"Sale in open market or private transaction"

An open-market transaction is a buy or sell of a company's shares or other securities conducted on a public exchange at the current market price, rather than through a private agreement. Investors watch these trades because they change the number of shares available and can move the price immediately—similar to how a large purchase at a busy store can raise demand and affect the checkout price—so such activity can signal market sentiment and alter ownership stakes.

Class A Common Stock financial

"Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

What insider transaction did Snap Inc (SNAP) report in this Form 4?

Snap Inc reported that General Counsel Zachary M. Briers sold 11,257 shares of Class A Common Stock on September 3, 2026 in an open-market transaction at $6.00 per share, under a pre-established Rule 10b5-1 trading plan.

How many Snap (SNAP) shares does Zachary M. Briers hold after this sale?

After the reported sale, Zachary M. Briers directly holds 2,345,534 shares of Snap Inc Class A Common Stock. This figure reflects his position immediately following the September 3, 2026 transaction.

What was the total value of the Snap (SNAP) shares sold by the General Counsel?

The General Counsel sold 11,257 shares at $6.00 per share, for a total transaction value of approximately $67,542, based on the disclosed share count and price.

Was the Snap (SNAP) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by Zachary M. Briers on November 17, 2025, indicating the trades were pre-arranged under that plan.

What role does the reporting person hold at Snap Inc (SNAP)?

The reporting person, Zachary M. Briers, serves as General Counsel of Snap Inc, according to the filing. The reported transaction reflects his personal direct holdings in the company’s Class A Common Stock.

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Available on EDGAR 09/08/2026 - 07:00 PM Accepted by SEC EDGAR 09/08/2026 - 07:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Briers Zachary M

(Last) (First) (Middle)

C/O SNAP INC.

3000 31ST STREET

(Street)

SANTA MONICA CALIFORNIA 90405

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Snap Inc [ SNAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/03/2026		S		11,257(1)	D	$6	2,345,534	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.

	/s/ Marzena Gellert, Attorney-in-fact	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)