CTO Robert C. Murphy sells 343,945 SNAP shares at $5.88; stock now $5.76, -44.7% from 52-week high. Scheduled 10b5-1 plan.
Robert C. Murphy, Chief Technology Officer, executed a sale of 343,945 shares at $5.88 on 2026-05-29 under a pre-arranged 10b5-1 trading plan adopted on 2025-11-11, reducing his holdings by 6.5% to 4,963,581 shares. The current stock price of $5.76 is -44.7% from the 52-week high of $10.41, reflecting significant weakness in SNAP shares over the past year. SNAP remains unprofitable with a net income of $-88,951,000.00 against quarterly revenue of $1,528,791,000.00, and the stock has declined 8.4% over the past 30 days despite a 7.3% gain over 90 days. Because this sale is scheduled under a 10b5-1 plan rather than discretionary, the transaction reflects pre-committed execution rather than a real-time market decision by the executive.