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Snap Inc. (SNAP) affiliate files resale notice to sell 28,058 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snap Inc. affiliate filed a Form 144 to sell 28,058 shares of common stock (restricted stock units) with a proposed sale date of 04/16/2026.

The filing lists past resale activity by Ajit Mohan: 20,848 shares on 01/16/2026, 119,339 shares on 02/17/2026, and 27,743 shares on 03/16/2026, with dollar amounts shown for each transaction.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 resale notice by an affiliate; lists a planned sale and recent secondary trades.

The filing is a Form 144 notice that lists 28,058 shares of common stock described as Restricted Stock Units to be sold on 04/16/2026. It names Charles Schwab & Co., Inc. as the broker-dealer and shows historical sales by Ajit Mohan in the prior three months.

Such filings are administrative disclosures under resale rules. Cash‑flow treatment and whether sales are subject to additional conditions are not stated in the excerpt; future SEC filings or broker reports would show execution details.

Registered/offered shares 28,058 shares restricted stock units to be sold on 04/16/2026
Resale — 01/16/2026 20,848 shares sold by Ajit Mohan on 01/16/2026 for $158,954.00
Resale — 02/17/2026 119,339 shares sold by Ajit Mohan on 02/17/2026 for $561,063.00
Resale — 03/16/2026 27,743 shares sold by Ajit Mohan on 03/16/2026 for $127,474.00
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Unit financial
"Common | 04/16/2026 | Restricted Stock Unit - See Remarks"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Compensation financial
"04/16/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Snap (SNAP) Form 144 filed for 28,058 shares mean?

It notifies the SEC of an affiliate's planned resale of 28,058 shares (restricted stock units) on 04/16/2026. The notice is an administrative disclosure under Rule 144 and does not itself confirm execution or proceeds.

Who is the reported seller in the SNAP Form 144 filing?

Ajit Mohan is named in the filing for recent resales and is associated with the current notice. The broker-dealer listed is Charles Schwab & Co., Inc. and the shares are described as equity compensation.

What resale activity did Ajit Mohan report for SNAP in the past three months?

The filing lists three resales: 20,848 shares on 01/16/2026, 119,339 shares on 02/17/2026, and 27,743 shares on 03/16/2026. Dollar values for each transaction are shown alongside those dates.

Does the Form 144 tell investors how much cash Snap will receive?

No. The Form 144 lists resale securities and past transactions; it does not state that Snap will receive proceeds. The excerpt indicates these are equity compensation resales by an affiliate, not primary proceeds to the company.