Snap Inc. chief accounting officer Rebecca Morrow sells $90,114 in stock

Rebecca Morrow, the Chief Accounting Officer at Snap Inc., sold a total of 17,336 shares of the company's Class A Common Stock on August 17, 2026. The sale amounted to around $90,114, with shares exchanged at an average price of $5.1981 per share. The transactions spanned multiple transactions, each priced between $5.09 and $5.28 per share.

The primary reason for the sale was to satisfy tax withholding obligations related to the settlement and release of restricted stock units granted to Ms. Morrow. Following the transactions, Morrow now owns 598,105 shares of Snap Inc. Class A Common Stock. This insider sale occurred as Snap Inc.'s stock price hovered around $5.24, indicating a 35% decline year-to-date but a 38% increase from its 52-week low of $3.81.

Despite the recent stock price decline, InvestingPro analysis suggests that the stock is currently undervalued, earning a "GOOD" financial health score. The social media platform is on track to become profitable this year, with forecasted earnings of $0.63 per share and a revenue growth rate of 12.65%.