Snap's Chief Accounting Officer Sells Shares Amid Stock Decline
Rebecca Morrow, Snap Inc.'s Chief Accounting Officer, sold 20,000 shares of Class A Common Stock on September 9, 2026. The transaction was part of a pre-arranged Rule 10b5-1 trading plan and occurred at an average price of $5.35 per share. This sale took place amid Snap's stock declining by over 27% in the past year. Morrow still holds 578,105 shares directly valued at approximately $3.28 million as of September 11, 2026 market close ($5.68 per share). The company reported trailing twelve-month revenue of $6.4 billion and a net loss of $311.2 million for the same period. Despite recent improvements in free cash flow—up over 400% year-over-year to $120.5 million—Snap remains unprofitable, with its stock trading at a significant discount from its 52-week high.
Tickers: $SNAP
Topics: Rebecca Morrow Rule 10b5-1 trading plan Snap Inc. stock sale