Snap Inc. (NYSE: SNAP) shareholder moves to sell equity-award stock

Rhea-AI Filing Summary

Douglas Hott filed a notice of proposed sale on Form 144 relating to Snap Inc. common stock listed on the NYSE. The notice covers a proposed disposition of 685,450.00 common shares, associated with a Restricted Stock Lapse categorized as Equity Compensation, with an anticipated sale date of 08/17/2026. The filing also lists prior sales of Snap Inc. common stock by the same seller within the last three months.

Key Figures

Proposed shares to be sold: 685,450.00 shares Implied market value reference: 1,437,047,479 Prior sale shares 05/18/2026: 124,209 shares +3 more

6 metrics

Proposed shares to be sold 685,450.00 shares Snap Inc. common stock proposed for sale on or about 08/17/2026

Implied market value reference 1,437,047,479 Figure associated with the proposed Snap Inc. common stock sale on Form 144

Prior sale shares 05/18/2026 124,209 shares Snap Inc. common stock sold by Douglas Hott on 05/18/2026

Prior sale amount 05/18/2026 695,701.00 Consideration reported for Snap Inc. shares sold on 05/18/2026

Prior sale shares 05/19/2026 114,702 shares Snap Inc. common stock sold by Douglas Hott on 05/19/2026

Prior sale amount 05/19/2026 650,473.00 Consideration reported for Snap Inc. shares sold on 05/19/2026

Key Terms

Form 144, Restricted Stock Lapse, Equity Compensation

3 terms

Form 144 regulatory

"Douglas Hott filed a notice of proposed sale on Form 144"

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 Lapse financial

"Common | 08/17/2026 | Restricted Stock Lapse - See Remarks | SNAP INC."

Equity Compensation financial

"131884 | 08/17/2026 | 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

What does the SNAP Form 144 filed by Douglas Hott disclose?

The filing discloses a proposed sale of 685,450.00 Snap Inc. common shares related to a Restricted Stock Lapse. It also lists earlier sales of Snap stock by Douglas Hott within the prior three months.

How many SNAP shares are proposed to be sold under this Form 144?

The Form 144 reports a proposed sale of 685,450.00 shares of Snap Inc. common stock. These shares are tied to equity awards described as a Restricted Stock Lapse with an anticipated sale date of 08/17/2026.

What earlier SNAP stock sales by Douglas Hott are referenced in the Form 144?

The filing lists two earlier Snap Inc. stock sales: 124,209 shares on 05/18/2026 for 695,701.00, and 114,702 shares on 05/19/2026 for 650,473.00, both attributed to Douglas Hott.

On which exchange is the SNAP security in this Form 144 listed?

The security referenced in the Form 144 is Snap Inc. common stock listed on the NYSE. The notice ties the proposed sale of 685,450.00 common shares to this exchange listing information.

What is the nature of the SNAP securities to be sold in this Form 144?

The securities are Snap Inc. common stock associated with a Restricted Stock Lapse and categorized as Equity Compensation. The Form 144 positions the proposed sale date for these shares as 08/17/2026.

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Available on EDGAR 08/17/2026 - 05:09 PM Accepted by SEC EDGAR 08/17/2026 - 05:09 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	131884	685450.00	1437047479	08/17/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/17/2026	Restricted Stock Lapse - See Remarks	SNAP INC.			131884	08/17/2026	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Douglas Hott 3000 31ST STREET SANTA MONICA CA 90405	Snap Inc	05/18/2026	124209	695701.00
Douglas Hott 3000 31ST STREET SANTA MONICA CA 90405	Snap Inc	05/19/2026	114702	650473.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)