Snap (NYSE: SNAP) CFO discloses holding 244,699 Class A common shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Snap Inc filed an initial insider ownership report for its Chief Financial Officer, Douglas Hott. The filing shows he directly holds 244,699 shares of Class A Common Stock after the reported event date. The report lists this position as common stock, with no derivative securities disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hott Douglas
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 244,699 shares (Direct, null)
Footnotes (1)
Key Figures
Class A shares held: 244,699 shares
1 metrics
Class A shares held
244,699 shares
Direct ownership after reported event date
Key Terms
Class A Common Stock, Chief Financial Officer, direct ownership
3 terms
Class A Common Stock financial
"Security title reported as Class A Common Stock for the holding"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Chief Financial Officer financial
"Douglas Hott is listed as Chief Financial Officer of Snap Inc"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
direct ownership financial
"Ownership type is shown as direct with code D for the shares"
FAQ
What does the Snap (SNAP) Form 3 filing for Douglas Hott show?
The Form 3 shows Snap’s Chief Financial Officer, Douglas Hott, directly holds 244,699 shares of Class A Common Stock. This is an initial ownership statement, not a report of a new purchase or sale.
Does the Snap CFO Form 3 include any derivative securities or options?
The insider report lists Class A Common Stock holdings only and shows no derivative securities. The derivative section is empty, indicating no reportable options or similar instruments in this specific filing.
Why did Snap file a Form 3 for CFO Douglas Hott?
Form 3 is required when a person becomes an officer, director, or major shareholder. This filing records CFO Douglas Hott’s initial ownership of 244,699 Class A shares as he becomes subject to ongoing insider reporting obligations.