Briers Zachary M 4

What Happened
Zachary M. Briers, General Counsel of Snap Inc. (SNAP), sold 11,437 shares on April 15, 2026 at $6.04 per share, generating proceeds of approximately $69,079. This was a sale (disposition) reported on a Form 4.

Key Details

• Transaction type: Sale (code S) — open market or private sale
• Transaction date: 2026-04-15; Price: $6.04 per share; Total proceeds: ~$69,079
• Filing date: 2026-04-17 (filed within the typical two-business-day Form 4 window)
• Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Briers on November 17, 2025
• Shares owned after transaction: Not disclosed in the provided filing excerpt

Context
Sales executed under a pre-established Rule 10b5-1 plan are generally scheduled in advance and are often routine portfolio-management transactions rather than real-time statements about company prospects. For retail investors, purchases can be more informative of insider conviction than scheduled sales; this filing simply reports a planned disposition by Snap’s General Counsel.