Snap (NYSE: SNAP) CAO’s tax-driven sale still leaves 598,105 shares

Rhea-AI Filing Summary

Snap Inc (SNAP) reported that Chief Accounting Officer Rebecca Morrow sold 17,336 shares of Class A common stock on 2026-08-17. The sale was executed at a weighted average price of $5.1981 per share to cover tax withholding obligations arising from the settlement of restricted stock units. After this transaction, she directly held 598,105 shares of Snap Class A common stock.

Insider Trade Summary

Net Seller: 17,336 shares

Net Sell 1 txn

Insider Morrow Rebecca

Role Chief Accounting Officer

Sold 17,336 shs ($90K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	17,336	$5.1981	$90K

Holdings After Transaction: Class A Common Stock — 598,105 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 $5.09 to $5.28 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.

Key Figures

Shares sold: 17,336 shares Weighted average sale price: $5.1981 per share Sale price range: $5.09–$5.28 per share +2 more

5 metrics

Shares sold 17,336 shares Class A Common Stock sold on 2026-08-17 to cover tax withholding

Weighted average sale price $5.1981 per share Weighted average price for the 17,336 shares sold

Sale price range $5.09–$5.28 per share Multiple transactions within this price range on 2026-08-17

Shares owned after transaction 598,105 shares Direct ownership of Snap Class A Common Stock following the sale

RSU-to-share ratio 1 RSU : 1 share Each RSU represents a contingent right to receive one share of Class A Common Stock

Key Terms

restricted stock units ("RSUs"), weighted average price, tax withholding obligations

3 terms

restricted stock units ("RSUs") financial

"in connection with the settlement and release of restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

weighted average price financial

"The reported price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

tax withholding obligations financial

"sale of shares to cover tax withholding obligations in connection with the settlement"

FAQ

What insider transaction did SNAP report for Chief Accounting Officer Rebecca Morrow?

Snap reported that Rebecca Morrow sold 17,336 SNAP Class A shares on 2026-08-17. The shares were sold to satisfy tax withholding obligations related to vesting restricted stock units granted by Snap.

At what price were the 17,336 SNAP shares sold by Rebecca Morrow?

The 17,336 SNAP shares were sold at a weighted average price of $5.1981 per share. The transactions occurred in multiple trades at prices ranging from $5.09 to $5.28 per share, inclusive.

How many SNAP shares does Rebecca Morrow hold after this Form 4 transaction?

After the reported sale, Rebecca Morrow directly holds 598,105 shares of Snap Class A common stock. This figure reflects her post-transaction ownership position following the tax-related sale on 2026-08-17.

Why did Rebecca Morrow sell SNAP shares according to the Form 4 filing?

The filing states the shares were sold to cover tax withholding obligations from the settlement and release of RSUs. Each RSU represents a contingent right to receive one share of Snap’s Class A common stock upon vesting.

Was the SNAP insider sale by Rebecca Morrow under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox was not marked as applicable. The filing instead characterizes the sale as related to tax withholding on vesting restricted stock units rather than a pre-arranged trading plan.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 07:00 PM Accepted by SEC EDGAR 08/19/2026 - 07:00 PM Learn about SEC filing dates

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^*

Morrow Rebecca

(Last) (First) (Middle)

C/O SNAP INC.

3000 31ST STREET

(Street)

SANTA MONICA CALIFORNIA 90405

(City) (State) (Zip)

UNITED STATES

(Country)

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 Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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

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

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

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	08/17/2026		S		17,336(1)	D	$5.1981(2)	598,105	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 $5.09 to $5.28 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/ Marzena Gellert, Attorney-in-fact	08/19/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)