Snap Chief Technology Officer Sells 2 million Shares as Stock Reaches All-Time Low

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($5.31); post-transaction worth based connected full nonstop and indirect holdings aft the transaction.

• How does the size of this merchantability comparison to Murphy's emblematic trading activity?
  The 2,000,000 shares sold are treble the humanities median of 1,000,000 shares per transaction.

• What is the interaction connected Murphy's ongoing ownership successful Snap?
  Following the transaction, Murphy maintains 49,012,324 shares successful nonstop ownership and 10,307,526 shares indirectly done a trust, with remaining nonstop holdings valued astatine astir $256.3 cardinal arsenic of Feb. 10, 2026.

Snap is simply a planetary societal media and integer advertizing company, with implicit 5,000 employees and a multi-billion-dollar gross base. The institution is progressive successful assorted tech operations, including camera-based connection and augmented world experiences, catering to younger demographics.

Along with the 2 cardinal shares Murphy sold passim those transactions, helium besides disposed of different 601,453 shares wrong that timeframe arsenic charitable gifts. But careless of the disposal, it was each isolated of a Rule 10b5-1 trading program that allows insiders to coordinate the merchantability oregon acquisition of shares successful advance.