Snap (SNAP) CTO sells 1,000,000 shares at $8.0037; 297,349 gifted
Snap Inc. (SNAP) insider activity: A reporting person who serves as Director, Chief Technology Officer, and a 10% Owner reported transactions dated 11/07/2025.
Rhea-AI Filing Summary
Snap Inc. (SNAP) insider activity: A reporting person who serves as Director, Chief Technology Officer, and a 10% Owner reported transactions dated 11/07/2025. The filer sold 1,000,000 shares of Class A common stock at a weighted average price of $8.0037 per share pursuant to a Rule 10b5-1 trading plan adopted on November 5, 2024.
The filer also made a charitable gift of 297,349 shares (transaction code G). Following these transactions, the filer beneficially owned 51,613,777 shares directly, and 5,307,526 shares indirectly held by an irrevocable trust over which the filer has voting power but no financial interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,000,000 | $8.0037 | $8.00M |
| Gift | Class A Common Stock | 297,349 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2024.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.935 to $8.12 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. Represents a charitable gift by the reporting person.
- F4. 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.
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