Key facts
- This page summarizes Derek Andersen's Form 4 filing for Snap Inc (SNAP).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 18 Mar 2025, 19:00.
Derek Andersen - 14 Mar 2025 Form 4 Insider Report for Snap Inc (SNAP)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- SNAP
- Reported as of
- 14 Mar 2025
- Net transaction value
- -$491,862
- SEC form
- 4
- Accepted by SEC
- 18 Mar 2025, 19:00:05 UTC
- Prior SEC filing
- 20 Feb 2025
- Next SEC filing
- 16 May 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Atul Porwal, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Derek Andersen filed Form 4 for Snap Inc (SNAP) on 18 Mar 2025.
Change
- Previous filing in this sequence was filed on 20 Feb 2025.
- Current net transaction value: -$491,862.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SNAP
transaction
Class A Common Stock
Sale
- Transaction value
- $195,049
- Shares
- -22,720
- Change %
- -0.64%
- Price
- $8.58
- Shares after
- 3,541,515
- Date
- 14 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
SNAP
transaction
Class A Common Stock
Sale
- Transaction value
- $296,813
- Shares
- -33,618
- Change %
- -0.95%
- Price
- $8.83
- Shares after
- 3,507,897
- Date
- 17 Mar 2025
- Ownership
- Direct
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 3 footnotes
Footnote F1
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2024.
Footnote F2
Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
Footnote F3
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.655 to $9.06 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.