[144] Snap Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filing for Snap Inc. (SNAP) shows a proposed sale of 184,287 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $1,322,312.00. The sale is listed with an approximate date of 08/18/2025 on the NYSE. The shares were acquired the same day as Restricted Stock Units from Snap Inc. and payment/consideration is recorded as Equity Compensation. The filer also reported two prior sales in the last three months by Ajit Mohan: 27,608 shares on 06/16/2025 for $221,957 and 28,201 shares on 07/16/2025 for $265,002. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• None.

Negative

• Insider proposed sale of 184,287 shares valued at $1,322,312.00, which may be perceived negatively by some investors
• Two prior insider sales in the past three months (27,608 and 28,201 shares) indicate ongoing monetization of holdings

Insights

Securities Analyst

TL;DR: Insider proposes to sell 184,287 RSU shares (~$1.32M) on 08/18/2025; prior small-dollar sales reported in June and July.

This Form 144 indicates a planned disposition of restricted stock units by an insider or related person via Charles Schwab. The filing ties the acquisition and proposed sale date to equity compensation, suggesting these are vested RSUs being monetized rather than open-market purchases. The two prior reported sales (27,608 and 28,201 shares) generated modest proceeds and show a pattern of periodic monetization. For investors, the transaction is factual disclosure of insider selling activity; on its own it does not provide information about company fundamentals or material nonpublic developments because the filer affirms no undisclosed adverse information.

Corporate Governance Expert

TL;DR: Routine Rule 144 notice for RSU disposition; compliance disclosure appears standard with required seller representation.

The document documents compliance with Rule 144 for a scheduled sale of equity compensation. Key governance points: the sale is routed through a major broker, the nature of acquisition is explicitly listed as Restricted Stock Unit, and the seller signs the customary attestation about lack of material nonpublic information. The filing does not disclose any trading plan adoption dates or 10b5-1 details, and contains no additional governance red flags. This is a routine insider liquidity event rather than a corporate governance action.

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	184287	1322312.00	1435682333	08/18/2025	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	08/18/2025	Restricted Stock Unit - See Remarks	SNAP INC.			184287	08/18/2025	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
AJIT MOHAN 3000 31ST STREET SANTA MONICA CA 90405	Snap Inc	06/16/2025	27608	221957.00
AJIT MOHAN 3000 31ST STREET SANTA MONICA CA 90405	Snap Inc	07/16/2025	28201	265002.00

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)

FAQ

What does Snap Inc.'s Form 144 filed for 08/18/2025 disclose (SNAP)?

The form discloses a proposed sale of 184,287 common shares through Charles Schwab with an aggregate market value of $1,322,312.00, dated 08/18/2025.

What type of securities are being sold in the SNAP Form 144?

The filing lists Common shares that were acquired as Restricted Stock Units (RSUs) from Snap Inc., with payment described as Equity Compensation.

Were there any recent sales by the same seller reported in the filing?

Yes. The filing reports prior sales by Ajit Mohan of 27,608 shares on 06/16/2025 for $221,957 and 28,201 shares on 07/16/2025 for $265,002.

Through which broker will the SNAP shares be sold?

The proposed sale is to be executed through Charles Schwab & Co., Inc.

Does the Form 144 state whether the seller knows any material nonpublic information?

Yes. By signing the notice, the seller represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.