SNAP insider sale: 24,000 shares at $7.7343 via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap Inc. (SNAP) reported an insider transaction by its General Counsel. On 10/31/2025, the officer sold 24,000 shares of Class A common stock at a weighted average price of $7.7343, executed under a Rule 10b5-1 trading plan adopted on November 21, 2024.
Following the sale, the reporting person beneficially owns 490,454 shares indirectly (by trust) and 1,925,864 shares directly. The price reflects multiple trades between $7.655 and $7.815 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,000 shares ($185,623)
Net Sell
2 txns
Insider
O'Sullivan Michael J.
Role
General Counsel
Sold
24,000 shs ($186K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 24,000 | $7.7343 | $186K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 490,454 shares (Indirect, By Trust);
Class A Common Stock — 1,925,864 shares (Direct)
Footnotes (1)
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.655 to $7.815 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. Includes 160 shares held by certain immediate family members of the reporting person for which the reporting person disclaims beneficial ownership except as to the reporting person's indirect pecuniary interest therein, if any. The remaining shares are held by an entity or entities in which the reporting person retains investment power over such shares.
FAQ
What did SNAP’s insider report on Form 4?
The General Counsel sold 24,000 Class A shares at a weighted average of $7.7343 on 10/31/2025 under a Rule 10b5-1 plan.
What trading plan governed the SNAP insider sale?
A Rule 10b5-1 trading plan adopted on November 21, 2024.
What are the reporting person’s SNAP holdings after the sale?
490,454 shares indirectly (by trust) and 1,925,864 shares directly.
What is the insider’s role at Snap Inc. (SNAP)?
The reporting person is an Officer, serving as General Counsel.
Does the Form 4 note any indirect ownership details?
Yes. Indirect holdings include 490,454 shares by a trust and 160 shares by certain immediate family members.