Form 4: Snap Executive Sells Shares
Insider Transaction (Form 4)
Zachary M Briers, General Counsel of Snap Inc, sold 204,044 shares of common stock on August 17, 2026.
Summary
- Open-market sale: disposed of 136,504 Class A Common Stock at $5.20 ($709,452) on August 17, 2026; holds 2,424,331 after (Direct).
- Open-market sale: disposed of 67,540 Class A Common Stock at $5.08 ($343,144) on August 19, 2026; holds 2,356,791 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,052,596 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Zachary M Briers — Officer (General Counsel)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Open-market sale | Class A Common Stock | 136,504 | $5 | $709.5K | 2,424,331 |
| 2026-08-19 | Open-market sale | Class A Common Stock | 67,540 | $5 | $343.1K | 2,356,791 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Open-market sale (136,504 shares) |
| 2026-08-19 | Open-market sale (67,540 shares) |
Keywords
insider transaction, Form 4, SNAP, Snap Inc, bearish, Zachary M Briers
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