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SNAP - Snap Inc

Insider Sale by Andersen Derek (CFO)

1 Month
After Trade
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Trade Summary

2 days ago, Andersen Derek, serving as CFO at Snap Inc (SNAP), sold 92,956 shares at $4.59 per share, for a total transaction value of $427,058.00. Following this transaction, Andersen Derek now holds 3,799,661 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 Monday, March 16, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 17, 2026, 1 day 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.

Andersen Derek

CFO

Derek Andersen is the Chief Financial Officer (CFO) of Snap Inc., a position he has held since May 2019, after serving as Vice President of Finance from July 2018.[[1]](https://www.clay.com/dossier/snap-cfo)[[4]](https://investor.snap.com/news/news-details/2019/Snap-Appoints-Chief-Financial-Officer-and-Chief-People-Officer/default.aspx)[[6]](https://investor.snap.com/governance/leadership-team/person-details/default.aspx?ItemId=c5792d64-7bfa-446a-9fc0-ab723cbf4c98) In this role, he oversees financial planning, analysis, reporting, and strategic initiatives, contributing to the company's growth and cost efficiency efforts.[[1]](https://www.clay.com/dossier/snap-cfo)[[2]](https://fintech.global/2025/07/10/dailypay-appoints-snap-cfo-derek-andersen-to-its-board/)[[4]](https://investor.snap.com/news/news-details/2019/Snap-Appoints-Chief-Financial-Officer-and-Chief-People-Officer/default.aspx) Andersen brings extensive experience from prior senior finance roles at Amazon, where he was Vice President of Finance supporting the digital video business (2015-2018) and Finance Director (2011-2015), and at Fox Interactive Media, including Senior Vice President of Finance & Business Operations for IGN (2009-2011) and Vice President Finance (2007-2009).[[1]](https://www.clay.com/dossier/snap-cfo)[[2]](https://fintech.global/2025/07/10/dailypay-appoints-snap-cfo-derek-andersen-to-its-board/)[[3]](https://in.marketscreener.com/insider/DEREK-ANDERSEN-A0F8DK/)[[5]](https://www.dailypay.com/press-center/press-releases/dailypay-adds-snap-inc-chief-financial-officer-derek-andersen-to-board-of/) He holds a B.B.A. from Acadia University, an M.B.A. from the Haas School of Business at the University of California, Berkeley, and is a CFA Charterholder.[[2]](https://fintech.global/2025/07/10/dailypay-appoints-snap-cfo-derek-andersen-to-its-board/)[[3]](https://in.marketscreener.com/insider/DEREK-ANDERSEN-A0F8DK/)[[5]](https://www.dailypay.com/press-center/press-releases/dailypay-adds-snap-inc-chief-financial-officer-derek-andersen-to-board-of/) Recently, in June 2025, he joined the board of directors of DailyPay, a worktech platform.[[2]](https://fintech.global/2025/07/10/dailypay-appoints-snap-cfo-derek-andersen-to-its-board/)[[5]](https://www.dailypay.com/press-center/press-releases/dailypay-adds-snap-inc-chief-financial-officer-derek-andersen-to-board-of/)

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Trade Price

$4.59

Quantity

92,956

Total Value

$427,058.00

Shares Owned

3,799,661

Trade Date

Monday, March 16, 2026

2 days ago

SEC Filing Date

Tuesday, March 17, 2026

Filed 1 day after trade

COMMUNICATION SERVICESINTERNET CONTENT & INFORMATION

About Snap Inc

Company Overview

No company information available
View news mentioning SNAP

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