Robert C. Murphy, an officer and director of Snap Inc, filed a Form 144 notice of proposed sale on November 6, 2026, covering 2,000,000 shares of Snap Inc common stock to be sold on NYSE through Wells Fargo Clearing Services.

Key Highlights

  • Proposed sale size: 2,000,000 shares of Snap Inc common stock, with an aggregate market value of $9,862,853.41 as stated in the filing.
  • Seller of record: The Wayne Manor Revocable Trust, with Robert C. Murphy as trustee, according to the filing's remarks section.
  • Acquisition origin: The shares were acquired on October 1, 2016, as dividend shares from the issuer, with payment listed as N/A.
  • Prior three-month sales: The Wayne Manor Revocable Trust sold 2,000,000 shares of Snap common stock on August 6, 2026, with gross proceeds of $10,382,185.95, according to the filing.
  • Rule 10b5-1 plan: The filing indicates a plan adoption or instruction date of November 11, 2025.
  • Shares outstanding: The filing lists 1,472,430,589 shares of Snap Inc common stock outstanding.

Murphy's Proposed Sale of Snap Common Stock via Revocable Trust

According to the Form 144 filing dated November 6, 2026, Robert C. Murphy, identified as both an officer and director of Snap Inc (NYSE:SNAP), is proposing to sell 2,000,000 shares of the company's common stock. The filing identifies the broker as Wells Fargo Clearing Services, located at 1 N. Jefferson Ave., St. Louis, MO 63103, with the approximate date of sale listed as November 6, 2026. The aggregate market value of the proposed sale is stated as $9,862,853.41.

The filing's remarks section notes that the "sale occurred in an account for The Wayne Manor Revocable Trust, Robert C Murphy as trustee." The shares proposed for sale were acquired on October 1, 2016, through a dividend shares transaction from the issuer, with the full amount of 2,000,000 shares acquired on that same date. The nature of payment is listed as N/A in the filing.

In the section covering securities sold during the past three months, the filing discloses that The Wayne Manor Revocable Trust sold 2,000,000 shares of Snap common stock on August 6, 2026, generating gross proceeds of $10,382,185.95. The filing further indicates that Murphy is relying on a Rule 10b5-1 trading plan or instruction with an adoption date of November 11, 2025. The filing was submitted as a live filing with the SEC under issuer SEC file number 001-38017.

What Was Disclosed

The Form 144 filing discloses Robert C. Murphy's proposed sale of 2,000,000 Snap Inc common shares held through The Wayne Manor Revocable Trust, referencing a Rule 10b5-1 plan adopted November 11, 2025, and a prior sale of equal size completed on August 6, 2026.