SnapSnap CTO Robert C. Murphy reported selling roughly 5.2 million shares between August 5 and August 6, 2026 for about $28.2 million under a non-discretionary Rule 10b5-1 plan. The remaining stake implies about $246.55 million in value at the Aug. 6 close. Despite 19% YoY Q2 sales growth to $1.6 billion, Snap posted a $164 million net loss.
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