Trade Summary
5 days ago, Andersen Derek, serving as CFO at Snap Inc (SNAP), sold 63,041 shares at $4.70 per share, for a total transaction value of $296,331.00. Following this transaction, Andersen Derek now holds 3,892,617 shares of SNAP.
This sale represents a 2.00% decrease in Andersen Derek's stake in the company. This is considered a medium-conviction trade.
The trade was executed on Tuesday, February 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 19, 2026, 2 days after the trade was made.
Snap Inc operates in the COMMUNICATION SERVICES sector, specifically within the INTERNET CONTENT & INFORMATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.