Snap Inc

Snap Inc insiders are currently net sellers of SNAP stock, showing bearish sentiment over the past 90 days. Total sales of $2.1B outpace purchases of $0, creating a net outflow of $2.1B.

Snap Inc has 25 active insiders who have filed SEC Form 4 transactions in the past 90 days. Evan Spiegel (Executive) leads with 115 transactions totaling $1.3B. Robert C. Murphy (Executive) follows with 65 transactions worth $475.7M. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. Snap Inc's current score of 0/100 indicates bearish insider sentiment. Scores below 40 indicate selling pressure exceeds buying. Insider selling often reflects diversification needs, tax optimization, or estate planning.

The most recent insider transaction occurred on Apr 8, 2026, when Spiegel Evan (Executive) disposed of 1,000,000 shares at $5.04 per share for $5.0M. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, SNAP insider trading sentiment is currently bearish with an Alignment Score of 0/100. The negative net flow of $2.1B shows more selling than buying. However, 0% of recent transactions are 10b5-1 scheduled trades.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like Snap Inc. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At SNAP, we track all Form 4 filings—currently showing 1000 transactions from 25 insiders over 90 days.

A 10b5-1 plan allows Snap Inc executives to pre-schedule stock sales when they don't possess material non-public information. At SNAP, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at SNAP appears discretionary, making insider signals more meaningful.

You can monitor Snap Inc (SNAP) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 25 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. Snap Inc's current score of 0/100 indicates bearish sentiment with significant insider selling pressure. This is calculated from $0 in purchases versus $2.1B in sales over 90 days, resulting in a net flow of -$2.1B.

SEC Form 4 filings are mandatory reports that Snap Inc insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At SNAP, the most common type is "S" with 36 occurrences. The most recent Form 4 was filed on Apr 8, 2026 by Spiegel Evan.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At Snap Inc, approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at SNAP represents discretionary decisions with more informational value.