Snap (SNAP) CAO sells 12,699 shares at ~$8.34 in Form 4
Snap Inc. (SNAP) disclosed an insider stock sale by its Chief Accounting Officer.
Rhea-AI Filing Summary
Snap Inc. (SNAP) disclosed an insider stock sale by its Chief Accounting Officer. On 11/17/2025, the officer sold 12,699 shares of Snap Class A common stock at a weighted average price of $8.3421 per share. The filing explains that the sale was made to cover tax withholding obligations related to the settlement and release of restricted stock units, each of which converts into one share of Class A common stock. After this transaction, the officer beneficially owned 466,603 shares directly. The sale was reported on a Form 4 filed for a single reporting person.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,699 | $8.3421 | $106K |
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 $8.17 to $8.47 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.
FAQ
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What insider transaction did Snap Inc. (SNAP) report in this Form 4?
What do the RSUs mentioned in the Snap Inc. Form 4 represent?
Was this Snap Inc. Form 4 filed for more than one reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.