Snap's Chief Accounting Officer Sells Over $114,000 in Stock Amid Market Fluctuations
Snap CAO Rebecca Morrow sells $114,142 in company stock

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Rebecca Morrow, Chief Accounting Officer at Snap Inc., sold 20,299 shares of the company's stock for $114,142 on May 18 and 19, 2026. The sales occurred as Snap's shares traded at $5.62, significantly below their 52-week high. Morrow's transactions come amid mixed financial performance and strategic changes at Snap.
- 01Morrow sold shares at prices ranging from $5.46 to $5.74 each, primarily to cover tax obligations from restricted stock units.
- 02The sale included 16,729 shares for tax withholding and 3,570 shares sold under a Rule 10b5-1 trading plan initiated in September 2025.
- 03Following the sale, Morrow holds 550,360 shares of Snap Inc.'s Class A Common Stock.
- 04Analysts predict Snap will return to profitability despite recent losses, with some rating adjustments reflecting mixed market conditions.
- 05Snap's board recently welcomed Luke Wood, former President of Beats by Dr. Dre, amid ongoing financial challenges.
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Rebecca Morrow, the Chief Accounting Officer at Snap Inc. (NASDAQ:SNAP), sold 20,299 shares of the company's Class A Common Stock for a total of $114,142 on May 18 and 19, 2026. The shares were sold at prices between $5.46 and $5.74, while Snap's stock was trading at $5.62, significantly lower than its 52-week high of $10.41. A substantial portion of the sale, totaling 16,729 shares, was executed to meet tax withholding obligations from restricted stock units (RSUs), while 3,570 shares were sold under a Rule 10b5-1 trading plan established in September 2025. Following these transactions, Morrow retains 550,360 shares of Snap's stock. In related news, Snap appointed Luke Wood, the former President of Beats by Dr. Dre, to its board of directors. This move comes as Snap faces challenges in advertising revenue amid geopolitical tensions and changing market conditions. Analysts are cautiously optimistic, with some suggesting that Snap's subscription services may help mitigate advertising declines, while others have adjusted their ratings on the stock, reflecting the company's mixed financial outlook.
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