Snap (SNAP) officer granted 30,451 RSUs, now holds 497K shares
Snap Inc. reported a new equity grant to its Chief Accounting Officer.
Rhea-AI Filing Summary
Snap Inc. reported a new equity grant to its Chief Accounting Officer. A company officer acquired 30,451 shares of Class A common stock on 11/19/2025 at a price of $0.00 per share, increasing the officer’s beneficial ownership to 497,054 shares held directly.
The acquisition reflects a grant of restricted stock units (RSUs), each representing the right to receive one share of Class A common stock. These RSUs are scheduled to vest in equal quarterly installments over 36 months of continuous service starting from November 15, 2025. If the officer dies while still in continuous service, all unvested RSUs will become fully vested immediately.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 30,451 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. These RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from November 15, 2025. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
FAQ
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What did Snap Inc. (SNAP) disclose in this Form 4 filing?
Who is the reporting person in this Snap Inc. (SNAP) Form 4?
What are the terms of the 30,451 Snap Inc. RSUs granted?
What happens to the Snap Inc. RSUs if the officer dies while employed?
Is this Snap Inc. (SNAP) Form 4 filed for an individual or a group?
AI-generated analysis. How Rhea-AI works. Not financial advice.