Robert C. Murphy, Chief Technology Officer at Snap Inc (NASDAQ:SNAP), sold a total of 4,000,000 shares of Class A Common Stock for approximately $21,445,200, according to a recent SEC filing. The sales occurred on May 13 and May 14, 2026, with weighted average prices ranging from $5.2807 to $5.4419 per share.
On May 13, Murphy sold 2,000,000 shares at a weighted average price of $5.4419, with individual prices between $5.31 and $5.54. The next day, he sold another 2,000,000 shares at $5.2807 average, prices ranging $5.185 to $5.50. Both sales were executed under a Rule 10b5-1 trading plan adopted on November 11, 2025, and amended on February 11, 2026.
In a separate transaction on May 14, Murphy made a charitable gift of 1,202,533 shares valued at $0.
Following these transactions, Murphy directly holds 43,809,791 shares. He also holds 5,307,526 shares through an irrevocable trust (voting power, no financial interest) and 5,000,000 shares over which he retains investment power.
