Robert C. Murphy, Chief Technology Officer, Director, and 10% Owner of Snap Inc., filed a Form 4 on November 10, 2026, disclosing sales of 4,000,000 shares of Class A Common Stock across two trading days under a Rule 10b5-1 plan, along with a charitable gift of 1,195,937 shares.

Key Highlights

  • First sale: Murphy disposed of 2,000,000 shares of Class A Common Stock on November 6, 2026, at a weighted average price of $4.9915 per share, with individual transactions ranging from $4.905 to $5.09 per share.
  • Second sale: An additional 2,000,000 shares were sold on November 9, 2026, at a weighted average price of $5.0244 per share, with individual transactions ranging from $4.925 to $5.125 per share.
  • Charitable gift: On November 9, 2026, Murphy gifted 1,195,937 shares at $0 consideration, recorded under transaction code G, according to the filing.
  • Remaining direct ownership: Following all reported transactions, Murphy directly held 33,390,514 shares of Class A Common Stock.
  • 10b5-1 plan: Both sales were made pursuant to a Rule 10b5-1 trading plan originally adopted on November 11, 2025, and amended on February 11, 2026, according to the filing.
  • Indirect holdings: The filing also reports indirect beneficial ownership of 4,963,581 shares held by an irrevocable trust and 4,999,000 shares held across entities in which Murphy retains investment power.

Murphy's November 2026 Share Dispositions and Charitable Gift at Snap Inc.

According to the Form 4 filed with the SEC on November 10, 2026, Robert C. Murphy - identified in the filing as Chief Technology Officer, Director, and 10% Owner of Snap Inc. (NYSE:SNAP) - reported two separate open-market sales totaling 4,000,000 shares of Class A Common Stock. The first transaction, dated November 6, 2026, involved the sale of 2,000,000 shares at a weighted average price of $4.9915, with individual sale prices ranging from $4.905 to $5.09 per share. The second transaction, on November 9, 2026, covered another 2,000,000 shares at a weighted average price of $5.0244, with prices ranging from $4.925 to $5.125 per share.

The filing notes that both sales were effected pursuant to a Rule 10b5-1 trading plan that Murphy adopted on November 11, 2025, and subsequently amended on February 11, 2026. Separately, on November 9, 2026, Murphy made a charitable gift of 1,195,937 shares at $0 consideration, recorded under transaction code G. After all reported transactions, Murphy's direct beneficial ownership stood at 33,390,514 shares of Class A Common Stock, the filing states.

In addition to direct holdings, the filing discloses indirect beneficial ownership in several forms. Murphy holds 4,963,581 shares through an irrevocable trust for which he serves as trustee and holds voting power, but over which he has no financial interest; the beneficiaries are described as not being immediate family members. The filing also reports 1,317,819 shares, 815,512 shares, and 2,866,669 shares held indirectly through entities in which Murphy retains investment power. The filing was signed by Marzena Gellert as attorney-in-fact.

What Was Disclosed

Murphy's Form 4 disclosed the sale of 4,000,000 Class A Common Stock shares on November 6 and 9, 2026, under a 10b5-1 plan, a charitable gift of 1,195,937 shares at no consideration, and remaining direct ownership of 33,390,514 shares, along with several indirect holdings.