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sellWeak cluster of 510b5-1 plan

Zachary M Briers sold $1.1M of SNAP

General Counsel at Snap Inc. 201,238 shares at an average of $5.63, traded May 18, 2026, filed May 20, 2026.

Warning score
35
Value
$1.1M
201,238 shares
Holdings after
2,572,793
-7% from before
From 52-week low
+44%
low $3.93, close $5.67
From 52-week high
-45%
high $10.35, as of May 18, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $1.1M at market
    +25
  • Share of holdings sold
    Sold 7.3% of holdings
    0
  • Cluster
    5 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -17.1%, 3m -6.8%, 6m -.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SNAPOct 13, 2026 · close 6.49
Since filing May 20, 2026: +15.5%SPY +5.5% · excess +10.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002096196-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 18, 2026SOpen-market sale
Class A Common Stock10b5-1
-129,493$5.60$725k2,644,538May 20, 2026
May 19, 2026SOpen-market sale
Class A Common Stock10b5-1
-71,745$5.67$407k2,572,793May 20, 2026

Related signals

Other insiders at Snap Inc and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
36Weak
SNAPsell 3
Snap Inc
Ajit Mohan
Chief Business Officer
$40k
6,797 shares
-0%
20Weak
SNAPsell 310b5-1
Snap Inc
Rebecca Morrow
Chief Accounting Officer
$107k
20,000 shares
-3%
18Weak
SNAPsell 310b5-1
Snap Inc
Zachary M Briers
General Counsel
$68k
11,257 shares
-0%
35Weak
SNAPsell 510b5-1
Snap Inc
Zachary M Briers
General Counsel
$1.1M
204,044 shares
-8%
58Moderate
SNAPsell 5
Snap Inc
Douglas Hott
Chief Financial Officer
$685k
131,884 shares
-5%
44Moderate
SNAPsell 5
Snap Inc
Ajit Mohan
Chief Business Officer
$284k
54,608 shares
-1%
39Weak
SNAPsell 5
Snap Inc
Rebecca Morrow
Chief Accounting Officer
$90k
17,336 shares
-3%
35Weak
SNAPsell 510b5-1
Snap Inc
Robert C. Murphy
Chief Technology Officer
$22M
4,000,000 shares
-9%
25Weak
SNAPsell
Snap Inc
Ajit Mohan
Chief Business Officer
$114k
24,263 shares
-0%
29Weak
SNAPsell 2
Snap Inc
Ajit Mohan
Chief Business Officer
$39k
6,923 shares
-0%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Zachary M Briers sold $1.1M of SNAP | InsiderTell