Insider sales are too small to signal anything about Snap's business outlook. Monitor next quarterly filing for any change in fundamentals or insider accumulation patterns.
Price Chart
Executive Summary
Two Snap insiders — the Chief Accounting Officer and Chief Business Officer — sold a combined $147K in open-market sales over a one-week window. The dollar value is trivial relative to Snap's market cap (approximately 0.05%), and the sales are small, non-clustered in timing, and likely routine portfolio rebalancing. No material signal for traders.
Key Financial Metrics
Key Facts
- Chief Accounting Officer Morrow sold 20,000 shares at $5.35 for $107K on Sept 9, 2026
- Chief Business Officer Mohan sold 6,800 shares at $5.82 for $40K on Sept 16, 2026
- Total insider sales of $147K represent ~0.05% of Snap's market cap — well below the 0.1% materiality threshold
- Sales are small, spaced a week apart, and not clustered in a single day — consistent with routine liquidity or tax planning
Financial Impact
Total insider sales of $147K — immaterial relative to company size
Risk Factors
- No material insider selling signal — the filing is routine and non-informative
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SNAP-1789772477061 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $6.27 | awaiting T+20 | — | $6.34 (+1.12%) |
Oct 16, 2026 10d ago | 144 | $6.27 | awaiting T+20 | — | $6.34 (+1.12%) |
Sep 28, 2026 29d ago | Court Ruling | $5.34 | awaiting T+20 | — | $6.34 (+18.73%) |
Sep 18, 2026 5w ago | Insider Cluster | $5.70 $6.27 | ▲ +10.00% | ▲ +10.91% | $6.34 (+11.23%) |
Sep 11, 2026 6w ago | Insider Cluster | $5.84 $6.53 | ▲ +11.82% | ▲ +9.55% | $6.34 (+8.56%) |
Aug 19, 2026 9w ago | Insider Cluster | $5.21 $5.53 | ▼ −6.14% | ▼ −6.14% | $6.34 (−21.69%) |
Jun 11, 2026 19w ago | Institutional Cluster | $5.33 $4.70 | ▲ +11.82% | ▲ +13.71% | $6.34 (−18.95%) |
Jun 5, 2026 20w ago | Insider Cluster | $5.65 $4.75 | ▼ −15.93% | ▼ −17.56% | $6.34 (+12.21%) |
May 20, 2026 22w ago | Insider Cluster | $5.68 $4.66 | ▲ +17.91% | ▲ +18.46% | $6.34 (−11.68%) |
May 20, 2026 22w ago | Insider Cluster | $5.68 $4.66 | ▲ +17.91% | ▲ +18.46% | $6.34 (−11.68%) |
US Market Status
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