CFO Hott Douglas sells 238,911 shares of SNAP for $1,346,169.65 under pre-arranged 10b5-1 plan
Hott Douglas, Chief Financial Officer of Snap Inc, executed two separate sales totaling 238,911 shares for $1,346,169.65 on May 18–19, 2026, at a blended average price of $5.63. This sale was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-11-14, meaning the transaction was scheduled rather than discretionary. Post-transaction holdings of 2,456,447 shares represent an 8.9% reduction from pre-transaction holdings of 2,695,358 shares. The company is unprofitable (net income of $-88,951,000.00 for the latest full fiscal year), trades 46.0% below its 52-week high of $10.41, and has declined 6.3% over the past 30 days, though it is up 12.4% over the past 90 days. As a scheduled transaction under a pre-arranged plan, this sale reflects planned capital management rather than a discretionary response to current market conditions or company performance.