Snap director awarded 46,905 RSUs of Class A stock
Coffey Kelly reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Coffey Kelly reported acquisition or exercise transactions in this Form 4 filing.
Snap Inc director Kelly Coffey received a grant of 46,905 restricted stock units (RSUs) of Class A Common Stock on August 7, 2026. Each RSU represents one share on settlement and was granted at $0.00 per share as equity compensation. 100% of the RSUs vest after one year of continuous service from August 1, 2026, with pro-rata acceleration if board service ends, full acceleration upon a change in control under Snap’s 2017 Equity Incentive Plan, and immediate vesting upon death. Following this award, Coffey holds 137,718 Class A shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 46,905 | $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. 100% of the RSUs shall vest after the reporting person completes one year of continuous service from August 1, 2026. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
Key Figures
Key Terms
restricted stock units financial
change in control financial
pro-rata acceleration financial
2017 Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Snap (SNAP) director Kelly Coffey receive in this Form 4 filing?
When do Kelly Coffey’s new RSUs at Snap (SNAP) vest?
Are there acceleration terms on Kelly Coffey’s Snap (SNAP) RSUs?
Was Kelly Coffey’s Snap (SNAP) RSU grant made under a 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.