Evan Spiegel - 11 Aug 2025 Form 4 Insider Report for Snap Inc (SNAP)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
11 Aug 2025
Net transactions value
-$19,995,137
Form type
4
Filing time
13 Aug 2025, 21:00:04 UTC
Previous filing
10 Feb 2025
Next filing
15 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spiegel Evan Chief Executive Officer, Director, 10%+ Owner C/O SNAP INC., 3000 31ST STREET, SANTA MONICA /s/ Atul Porwal, Attorney-in-fact 13 Aug 2025 0001699293

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $9,995,216 -1,347,500 -3.8% $7.42 34,538,196 11 Aug 2025 Direct F1, F2
transaction SNAP Class A Common Stock Sale $9,999,921 -1,389,650 -4% $7.20 33,148,546 12 Aug 2025 Direct F1, F3
holding SNAP Class A Common Stock 3,027,844 11 Aug 2025 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2024, as modified on May 2, 2025.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.365 to $7.465 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.125 to $7.255 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.
F4 Shares held by an irrevocable trust over which the reporting person acts as trustee and has voting power, but has no financial interest. The beneficiaries of the irrevocable trust are not immediate family members of the reporting person.