Snap Executives Sell Shares to Cover Tax Obligations

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2025.12.18 00:10
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Snap Inc. executives, including CFO Derek Andersen, CBO Mohan Ajit, and CAO Rebecca Morrow, sold shares to cover tax obligations related to RSUs. Andersen sold 34,535 shares for $249,121, Ajit sold 28,137 shares for $202,952, and Morrow sold 13,873 shares for $101,380. These transactions were part of a Rule 10b5-1 trading plan, leaving them with substantial shares directly owned.