SNAP - Snap Inc
Insider Sale by Murphy Robert C. (CTO, 10%)
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Trade Summary
3 days ago, Murphy Robert C., serving as CTO, 10% owner at Snap Inc (SNAP), sold 4,000,000 shares at $5.36 per share, for a total transaction value of $21,445,200.00. Following this transaction, Murphy Robert C. now holds 54,117,317 shares of SNAP.
This sale represents a 7.00% decrease in Murphy Robert C.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, May 13, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 15, 2026 at 9:00 PM ET, 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.
Trade Price
$5.36
Quantity
4,000,000
Total Value
$21,445,200.00
Shares Owned
54,117,317
Trade Date
3 days ago
SEC Filing Date
at 9:00 PM ET
Filed 2 days after trade
Discussion