Snap Inc (SNAP) exec sale covers taxes, leaves 4.97M shares

Rhea-AI Filing Summary

Snap Inc (SNAP) reported that Chief Business Officer Ajit Mohan sold 54,608 shares of Class A common stock on 2026-08-17 at a weighted average price of $5.1975 per share. The sale was made to cover tax withholding obligations upon settlement of restricted stock units, and Mohan now holds 4,972,097 shares directly.

Insider Trade Summary

Net Seller: 54,608 shares

Net Sell 1 txn

Insider Mohan Ajit

Role Chief Business Officer

Sold 54,608 shs ($284K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	54,608	$5.1975	$284K

Holdings After Transaction: Class A Common Stock — 4,972,097 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 $5.07 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: 54,608 shares Weighted average sale price: $5.1975 per share Sale price range: $5.07 to $5.28 per share +1 more

4 metrics

Shares sold 54,608 shares Class A Common Stock sold on 2026-08-17 to cover tax withholding

Weighted average sale price $5.1975 per share Weighted average price for the 54,608 shares sold

Sale price range $5.07 to $5.28 per share Range of prices for multiple sale transactions included in the reported trade

Shares held after transaction 4,972,097 shares Direct ownership of Snap Inc Class A Common Stock following the sale

Key Terms

restricted stock units, weighted average price, tax withholding obligations

3 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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 executive Ajit Mohan report on this Form 4?

Ajit Mohan reported a sale of 54,608 shares of Snap Inc Class A common stock on 2026-08-17. The transaction was tied to tax withholding on vested restricted stock units rather than an open-market discretionary sale.

At what price were the 54,608 SNAP shares sold by Ajit Mohan?

The 54,608 shares were sold at a weighted average price of $5.1975 per share. Footnotes state the individual trades occurred in a range from $5.07 to $5.28 per share, with full trade details available on request.

Why did Ajit Mohan sell SNAP shares in this Form 4 filing?

The filing explains the sale was to cover tax withholding obligations associated with the settlement of restricted stock units. Each RSU represents one share of Snap’s Class A common stock, and the shares sold satisfied related tax requirements.

How many SNAP shares does Ajit Mohan hold after this reported transaction?

After the transaction, Ajit Mohan directly holds 4,972,097 shares of Snap Inc Class A common stock. This figure reflects his position following the 54,608-share sale used to cover tax withholding on vested RSUs.

Was Ajit Mohan’s SNAP share sale under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as a plan trade. Instead, the footnote characterizes the transaction specifically as a sale to cover tax withholding obligations on the settlement of restricted stock units granted by Snap Inc.

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

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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^*

Mohan Ajit

(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 Business 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		54,608(1)	D	$5.1975(2)	4,972,097	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 $5.07 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)