Snap chief accounting officer sells $106,984 in company stock
Rebecca Morrow, Chief Accounting Officer at Snap Inc., sold 20,000 shares of the company's Class A Common Stock on September 9, 2026. The transaction was valued at $106,984, with each share priced between $5.255 and $5.45. The sales were made in accordance with a Rule 10b5-1 trading plan that Morrow established on June 9, 2026. Currently, Snap's stock is trading at $5.68, down about 30% year-to-date but up 49% from its 52-week low.
InvestingPro analysis suggests that Snap is currently undervalued. Despite reporting a loss of $0.18 per share over the past year, analysts predict profitability for the current year, with expected earnings of $0.63 per share. Post these transactions, Morrow owns 578,105 shares of Snap Inc. Class A Common Stock directly.
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