Snap CBO sells shares to cover RSU taxes

Snap Inc Chief Business Officer Ajit Mohan reported an automatic share sale tied to RSU taxes.

Accepted by SEC EDGAR 03/17/2026 - 09:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Snap Inc Chief Business Officer Ajit Mohan reported an automatic share sale tied to RSU taxes. He sold 27,743 shares of Class A Common Stock at a weighted average price of $4.5948 per share to cover tax withholding obligations from vested restricted stock units. After this transaction, he directly holds 5,130,734 shares. The filing notes these shares were sold in multiple trades between $4.555 and $4.665 per share.

Insider Trade Summary

Net Seller: 27,743 shares

Net Sell 1 txn

Insider Mohan Ajit

Role Chief Business Officer

Sold 27,743 shs ($127K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	27,743	$4.5948	$127K

Holdings After Transaction: Class A Common Stock — 5,130,734 shares (Direct)

Footnotes (2)

1. F1. Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.555 to $4.665 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Snap (SNAP) report for Ajit Mohan?

Snap reported that Chief Business Officer Ajit Mohan sold 27,743 Class A shares. The sale was specifically to cover tax withholding obligations arising from the settlement of restricted stock units, rather than a discretionary open-market sale for portfolio rebalancing.

At what price did Ajit Mohan’s Snap (SNAP) shares sell in this filing?

The reported weighted average sale price was $4.5948 per share. Footnotes explain the shares were sold in multiple transactions at prices ranging from $4.555 to $4.665 per share, with detailed trade breakdowns available on request from the company or regulators.

How many Snap (SNAP) shares does Ajit Mohan hold after this Form 4?

Following the reported transaction, Ajit Mohan directly holds 5,130,734 shares of Snap Class A Common Stock. This context shows the tax-related sale of 27,743 shares is small relative to his remaining ownership position disclosed in the same Form 4 filing.

Was the Snap (SNAP) insider sale a routine tax withholding transaction?

Yes. Footnotes state the 27,743 shares were sold to cover tax withholding obligations tied to the settlement and release of restricted stock units. Such transactions are typically mechanical events associated with equity compensation rather than discretionary trading decisions.

What type of security was involved in Ajit Mohan’s Snap (SNAP) transaction?

The transaction involved Snap’s Class A Common Stock, issued upon settlement of restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock, which then may be sold in part to satisfy related tax withholding obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mohan Ajit

(Last) (First) (Middle)

C/O SNAP INC.

3000 31ST STREET

(Street)

SANTA MONICA CA 90405

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snap Inc [ SNAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/16/2026		S		27,743(1)	D	$4.5948(2)	5,130,734	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.555 to $4.665 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Atul Porwal, Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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