Snap (SNAP) director Kelly Coffey granted 46,905 RSUs with change-in-control vesting

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

Net Buyer: 46,905 shares

Net Buy 1 txn

Insider Coffey Kelly

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	46,905	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 137,718 shares (Direct)

Footnotes (1)

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

RSUs granted: 46,905 shares Shares following transaction: 137,718 shares Grant price per share: $0.00 +1 more

4 metrics

RSUs granted 46,905 shares Restricted stock units of Class A Common Stock granted August 7, 2026

Shares following transaction 137,718 shares Total direct Class A holdings after the RSU award

Grant price per share $0.00 Equity award granted at no cash cost to the director

Vesting schedule 1 year from August 1, 2026 100% of RSUs vest after one year of continuous service from that date

Key Terms

restricted stock units, change in control, pro-rata acceleration, 2017 Equity Incentive Plan

4 terms

restricted stock units financial

"Represents shares issuable on settlement of restricted stock units ("RSUs") granted"

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.

change in control financial

"automatic full acceleration in the event of a change in control"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

pro-rata acceleration financial

"subject to pro-rata acceleration upon the reporting person's discontinued service"

2017 Equity Incentive Plan financial

"as defined in the Issuer's 2017 Equity Incentive Plan"

FAQ

What did Snap (SNAP) director Kelly Coffey receive in this Form 4 filing?

Kelly Coffey received a grant of 46,905 restricted stock units (RSUs) of Snap Class A Common Stock as equity compensation, each RSU representing a contingent right to receive one share upon settlement.

When do Kelly Coffey’s new RSUs at Snap (SNAP) vest?

100% of the RSUs vest after one year of continuous service from August 1, 2026. The RSUs can vest earlier on a pro-rata basis if board service ends, or fully upon certain accelerating events.

Are there acceleration terms on Kelly Coffey’s Snap (SNAP) RSUs?

Yes. The RSUs provide pro-rata acceleration if Coffey’s board service ends, automatic full acceleration upon a change in control under the 2017 Equity Incentive Plan, and full vesting if Coffey dies while in continuous service.

How many Snap (SNAP) shares does Kelly Coffey hold after this RSU grant?

After the grant, Coffey is reported to hold 137,718 shares of Snap Class A Common Stock directly, including the 46,905 RSUs that will settle into shares upon vesting and satisfaction of conditions.

Was Kelly Coffey’s Snap (SNAP) RSU grant made under a 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the RSU grant is not reported as being made pursuant to a 10b5-1 trading plan.

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 08/11/2026 - 07:00 PM Accepted by SEC EDGAR 08/11/2026 - 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^*

Coffey Kelly

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026

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	08/07/2026		A		46,905(1)	A	$0.00	137,718	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 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.

	/s/ Marzena Gellert, Attorney-in-fact	08/11/2026
	** 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)