Snap CTO Robert C. Murphy sells 4M shares
Both sales were made under a Rule 10b5-1 plan adopted in 2025 and amended in 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Snap Inc. Chief Technology Officer, director and 10% owner Robert C. Murphy sold 2,000,000 Class A shares on November 6, 2026, at a weighted average price of $4.9915 per share, and another 2,000,000 shares on November 9 at $5.0244 per share. Both sales were made under a Rule 10b5-1 trading plan adopted November 11, 2025, and amended February 11, 2026. Murphy also reported a charitable gift of 1,195,937 shares on November 9, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F3 | 2,000,000 | $5.0244 | $10.05M |
| Gift | Class A Common Stock F4 | 1,195,937 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 2,000,000 | $4.9915 | $9.98M |
| Holding | Class A Common Stock F5 | -- | -- | -- |
| Holding | Class A Common Stock F6 | -- | -- | -- |
| Holding | Class A Common Stock F6 | -- | -- | -- |
| Holding | Class A Common Stock F6 | -- | -- | -- |
Footnotes (6)
- F1. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025, as amendeded on February 11, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.905 to $5.09 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.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.925 to $5.125 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.
- F4. Represents a charitable gift by the reporting person.
- F5. Shares held by an irrevocable trust over which the reporting person acts as trustee and has voting power, but has no financial interest. The beneficiaries of the irrevocable trust are not immediate family members of the reporting person.
- F6. Shares held by an entity or entities in which the reporting person retains investment power over such shares.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
irrevocable trust financial
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