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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.

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Form Type
144

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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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
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.

How many Snap Inc (SNAP) shares are covered by the new Rule 144 notice?

The notice covers a proposed sale of 6,797 shares of Snap Inc common stock, with an indicated aggregate value of $39,576.00, as of the notice date of September 16, 2026.

What prior sales of SNAP shares by Ajit Mohan are reported in the last 3 months?

The filing reports sales of 6,923 shares for $38,652.00 on June 16, 2026, 24,263 shares for $114,455.00 on July 16, 2026, and 54,608 shares for $283,827.00 on August 17, 2026.

Why is Ajit Mohan selling Snap Inc (SNAP) shares under Rule 144?

The remarks explain that the shares are being sold to cover tax obligation from the settlement of vested Restricted Stock Units, indicating the sales relate to equity compensation rather than an open-market investment purchase.

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.

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Learn about SEC filing dates

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

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