SNAP General Counsel Briers sells 201,238 shares ($1.1M) across 2 days under 10b5-1 plan; holds 2.57M post-sale.
Zachary M Briers, General Counsel at Snap Inc, executed two separate sales totaling 201,238 shares for $1,132,022.50 on 2026-05-18 and 2026-05-19 at blended average price $5.63. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-17, making it scheduled rather than discretionary. The sale reduced his holdings by 7.3% to 2,572,793 shares. At current price of $5.62, the stock is -46.0% from its 52-week high of $10.41 and has declined 6.3% over the prior 30 days. Snap's fundamentals show $1,528,791,000 in latest quarterly revenue with a 10.6% annual growth rate, but the company remains unprofitable with negative net income of $-88,951,000 over its most recent full fiscal year. The pre-arranged plan status removes timing considerations from this filing; investors should focus on the holding level maintained and broader company profitability trajectory.