Snap (SNAP) CBO sells 28,238 shares to cover RSU tax withholding
Snap Inc. (SNAP) Chief Business Officer reported a sale of 28,238 Class A shares on 10/16/2025 at a weighted average price of $7.8305.
Rhea-AI Filing Summary
Snap Inc. (SNAP) Chief Business Officer reported a sale of 28,238 Class A shares on 10/16/2025 at a weighted average price of $7.8305. According to the footnote, the sale was made to cover tax withholding obligations from the settlement of restricted stock units (RSUs), each RSU representing one Class A share.
Following this transaction, the reporting person beneficially owns 5,436,173 shares, held directly. The shares were sold in multiple trades at prices ranging from $7.665 to $7.965 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 28,238 | $7.8305 | $221K |
Footnotes (2)
- F1. Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.665 to $7.965 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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