Robert C. Murphy, an officer and director of Snap Inc, filed a Form 144 notice on November 9, 2026, disclosing a proposed sale of 2,000,000 shares of Snap common stock through Wells Fargo Clearing Services on behalf of The Wayne Manor Revocable Trust.

Key Highlights

  • Proposed sale: 2,000,000 shares of Snap Inc common stock with an aggregate market value of $10,013,505.04, according to the filing.
  • Seller of record: The Wayne Manor Revocable Trust, with Robert C. Murphy listed as trustee, based at 3000 31st Street, Santa Monica, California 90405.
  • Acquisition origin: The filing states the shares were acquired on October 1, 2016, as dividend shares from the issuer, with no cash payment listed.
  • Prior three-month sales: The filing discloses a sale of 2,000,000 Snap common shares on November 6, 2026, with gross proceeds of $9,862,853.41, also by The Wayne Manor Revocable Trust.
  • Rule 10b5-1 plan: The filing indicates a plan adoption date of November 11, 2025, suggesting the proposed sale relies on a pre-established trading plan under Rule 10b5-1.
  • Exchange and shares outstanding: Snap common stock trades on NYSE, and the filing reports 1,472,430,589 shares outstanding.

Murphy's Proposed November 2026 Trust Sale Through Wells Fargo

According to the Form 144 filed with the SEC on November 9, 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. Snap Inc, headquartered at 3000 31st Street, Santa Monica, California, is the registrant listed with SEC file number 001-38017. The proposed sale is to be executed through Wells Fargo Clearing Services at 1 N. Jefferson Ave., St. Louis, Missouri 63103, with an approximate sale date of November 9, 2026.

The filing states that the shares to be sold were originally acquired on October 1, 2016, through a dividend shares transaction from the issuer, with the nature of payment listed as "N/A." The securities are held in an account for The Wayne Manor Revocable Trust, with Murphy serving as trustee. The filing also notes reliance on a Rule 10b5-1 trading plan adopted on November 11, 2025.

The filing's disclosure of prior sales over the past three months shows that the same trust sold 2,000,000 shares of Snap common stock on November 6, 2026, generating gross proceeds of $9,862,853.41. Combined, the two transactions represent a proposed total of 4,000,000 shares across the disclosed period. At the time of this filing, Snap reported 1,472,430,589 shares of common stock outstanding.

What Was Disclosed

Murphy filed a Form 144 notice proposing to sell 2,000,000 Snap common shares valued at $10,013,505.04 through The Wayne Manor Revocable Trust. The filing also reported a prior sale of 2,000,000 shares on November 6, 2026, with gross proceeds of $9,862,853.41.