Snap officer plans sale of 6,797 shares for taxes
Snap Inc (SNAP) received a notice under Rule 144 from officer Ajit Mohan covering a planned sale of 6,797 shares of common stock, associated with vested Restricted Stock Units, with an indicated aggregate value of $39,576.00.
Rhea-AI Filing Summary
Snap Inc (SNAP) received a notice under Rule 144 from officer Ajit Mohan covering a planned sale of 6,797 shares of common stock, associated with vested Restricted Stock Units, with an indicated aggregate value of $39,576.00. The notice states that the shares are being sold to cover tax obligations from the RSU settlement and lists prior Rule 144 sales over the past three months.
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Key Figures
Planned shares to be sold: 6,797 shares
Aggregate value of planned sale: $39,576.00
Shares sold June 16, 2026: 6,923 shares
+3 more
6 metrics
Planned shares to be sold
6,797 shares
Shares of Snap Inc common stock covered by the new Rule 144 notice
Aggregate value of planned sale
$39,576.00
Indicated market value for the 6,797 shares in the current notice
Shares sold June 16, 2026
6,923 shares
Reported Rule 144 sale on June 16, 2026 for $38,652.00
Shares sold July 16, 2026
24,263 shares
Reported Rule 144 sale on July 16, 2026 for $114,455.00
Shares sold August 17, 2026
54,608 shares
Reported Rule 144 sale on August 17, 2026 for $283,827.00
Date of Rule 144 notice
September 16, 2026
Date the current Rule 144 notice for 6,797 shares was filed
Key Terms
Rule 144, Restricted Stock Unit, Equity Compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Unit financial
"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
"09/16/2026 | 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Rule 144 filing disclose about SNAP insider Ajit Mohan?
It discloses that officer Ajit Mohan filed a Rule 144 notice to sell 6,797 shares of Snap Inc common stock, linked to vested Restricted Stock Units, with an aggregate value of $39,576.00, primarily to cover tax obligations from the RSU settlement.
What type of security is Ajit Mohan selling in this SNAP Rule 144 filing?
The security is Snap Inc common stock, originating from Restricted Stock Units that vested as part of equity compensation, with the filing listing the planned sale of 6,797 shares under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.