Snap CBO sells 54K shares to cover RSU taxes
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.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 54,608 | $5.1975 | $284K |
Footnotes (2)
- 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.
- 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
Key Terms
restricted stock units financial
weighted average price financial
tax withholding obligations financial
FAQ
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What insider transaction did SNAP executive Ajit Mohan report on this Form 4?
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