Insider Cluster (2 insiders) ·Filed Mar 16, 2026
Insider cluster: 2 insiders, $555K total
Actionable Insight • Neutral
The sales are small relative to Snap's market cap and consistent with routine insider trading; no immediate red flag, but monitor for additional selling in coming weeks.
Final — all horizons settled through T+60d
SNAP ▲ +20.83% at T+60d
NEUTRAL call ✓ call won +20.83% · α vs SPY +10.35% · entry $4.68 → $5.65
T+1d
-0.86%
call -0.86% · α -1.13%
$4.64
settled 7mo ago
T+5d
-3.83%
call -3.83% · α -1.79%
$4.50
settled 7mo ago
T+20d
+19.91%
call +19.91% · α +16.13%
$5.61
settled 6mo ago
T+60d
+20.83%
call +20.83% · α +10.35%
$5.65
settled 4mo ago
Price Chart
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Executive Summary
Two Snap Inc. executives — Chief Business Officer Mohan Ajit and CFO Derek Andersen — sold shares in the open market, totaling approximately $554,532 in proceeds. The sales occurred on the same day at similar prices, indicating a coordinated but routine divestment.
Key Financial Metrics
Direction
selling
Total Value
$554.5K
Insiders
2
Key Facts
- Chief Business Officer Mohan Ajit sold 27,743 shares at $4.5948, totaling $127,473.54
- CFO Derek Andersen sold 92,956 shares at $4.5942, totaling $427,058.46
- Total value of insider sales: $554,532 over a 7-day window
- Sales represent approximately 0.007% of Snap's $7.9B market cap
- Both transactions were open-market sales (Form 4 codes: S)
Financial Impact
$554,532 in total insider sales
insider ownershipmarket sentiment
Risk Factors
- Perception of lack of confidence if selling continues in future periods
- Concentration of sales among top executives on the same day may raise questions, though not unusual around earnings or vesting dates
Market Snapshot
Exchange
NYSE
Investment Themes
Streaming & Digital Media
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-SNAP-1773795640772 |
11 reports for SNAP
60% Hit rate best @ T+20▲ +17.91%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 20d ago | Insider Cluster | $5.84 $5.70 | ▼ −2.40% | ▼ −2.50% | $5.68 (−2.83%) |
Aug 19, 2026 6w ago | Insider Cluster | $5.21 $5.33 | ▼ −2.30% | ▼ −1.19% | $5.68 (−8.93%) |
Jun 11, 2026 16w ago | Institutional Cluster | $5.33 $4.74 | ▲ +11.07% | ▲ +11.50% | $5.68 (−6.47%) |
Jun 5, 2026 16w ago | Insider Cluster | $5.65 $5.71 | ▲ +1.06% | ▼ −1.05% | $5.68 (+0.44%) |
May 20, 2026 19w ago | Insider Cluster | $5.68 $5.71 | ▼ −0.53% | ▲ +1.32% | $5.68 (+0.04%) |
May 20, 2026 19w ago | Insider Cluster | $5.68 $5.71 | ▼ −0.53% | ▲ +1.32% | $5.68 (+0.04%) |
May 20, 2026 19w ago | 8-K | $5.68 $5.71 | ▲ +0.53% | ▼ −1.32% | $5.68 (−0.04%) |
Apr 20, 2026 23w ago | 8-K | $5.64 $5.94 | ▲ +5.32% | ▲ +4.24% | $5.68 (+0.67%) |
Apr 15, 2026 24w ago | 8-K | $6.03 $5.85 | ▼ −3.00% | ▼ −4.64% | $5.68 (−5.84%) |
Apr 8, 2026 25w ago | Insider Cluster | $4.73 $6.03 | ▼ −27.53% | ▼ −24.01% | $5.68 (−20.08%) |
Showing 10 of 11
US Market Status
Market Open — Closes in 41m
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