Snap Inc. (SNAP) officer reports 28,137-share sale for RSU tax withholding
Rhea-AI Filing Summary
Snap Inc.'s chief business officer reported a sale of Class A common stock. On 12/16/2025, the officer sold 28,137 shares at a weighted average price of $7.213 per share, with individual trades occurring between $7.12 and $7.285.
According to the footnotes, the shares were sold to cover tax withholding obligations tied to the settlement of restricted stock units, each RSU representing one Class A share. After this transaction, the officer directly beneficially owns 5,298,664 Class A shares of Snap Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 28,137 | $7.213 | $203K |
Footnotes (1)
- 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.12 to $7.285 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
What insider transaction did Snap (SNAP) disclose in this filing?
Snap Inc. disclosed that its chief business officer sold 28,137 shares of its Class A common stock on 12/16/2025 in a reported insider transaction.
Were any derivative securities reported for Snap (SNAP) in this filing?
The section for derivative securities (such as options or warrants) appears without any completed transaction rows, indicating no derivative security transactions were reported in this instance.