Snap Inc. (SNAP) saw significant insider selling activity as Chief Technology Officer Robert C. Murphy divested a substantial number of shares. On November 10, 2026, Murphy sold a total of 4,000,000 shares across two transactions, valued at approximately $20.02 million. The sales occurred at prices of $5.02 and $4.99 per share.
While insider sales can be attributed to various personal financial decisions, such as diversification or tax planning, the aggregate value of these transactions from a key executive may draw investor attention.
This recent selling by Murphy follows a pattern of insider divestitures at Snap Inc. in recent months, though the scale of these particular sales is notable.