Snap CAO sells 19,674 shares in tax sale
Snap Inc’s Chief Accounting Officer, Rebecca Morrow, reported automatic share sales tied to equity compensation.
Rhea-AI Filing Summary
Snap Inc’s Chief Accounting Officer, Rebecca Morrow, reported automatic share sales tied to equity compensation. She sold a total of 19,674 shares of Class A common stock in open-market transactions on February 17 and 19, 2026, at reported prices of $4.7016 and $4.8400 per share, respectively. According to the disclosure, these sales were made to cover tax withholding obligations arising from the settlement of restricted stock units granted by Snap, and were executed under a Rule 10b5-1 trading plan adopted on September 9, 2025. After these transactions, she directly holds 463,507 shares of Snap Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,175 | $4.84 | $15K |
| Sale | Class A Common Stock | 16,499 | $4.7016 | $78K |
Footnotes (3)
- 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 $4.665 to $4.755 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 sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025.
FAQ
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What insider transaction did Snap (SNAP) disclose for Rebecca Morrow?
Was the Snap (SNAP) insider sale made under a Rule 10b5-1 plan?
What does the Form 4 say about pricing for the Snap (SNAP) insider sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.