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Snap Inc (SNAP) CBO sells 24,263 shares to cover RSU tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snap Inc Chief Business Officer Ajit Mohan reported a sale of 24,263 shares of Class A Common Stock on 2026-07-16. The transaction was executed to cover tax withholding obligations arising from the settlement and release of restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock.

The shares were sold at a weighted average price of $4.7173 per share, through multiple trades at prices ranging from $4.545 to $4.80 per share. Following this tax-related sale, Mohan directly holds 5,026,705 shares of Snap Inc Class A Common Stock. The transaction is not indicated as being carried out under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Mohan Ajit
Role Chief Business Officer
Sold 24,263 shs ($114K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 24,263 $4.7173 $114K
Holdings After Transaction: Class A Common Stock — 5,026,705 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 $4.545 to $4.80 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.
Shares sold 24263 shares Class A Common Stock sold on 2026-07-16 by Chief Business Officer Ajit Mohan
Weighted average sale price $4.7173 per share Weighted average price for the 24,263 shares sold to cover tax withholding
Sale price range $4.545 to $4.80 per share Range of prices for multiple transactions included in the reported sale
Shares held after sale 5026705 shares Direct holdings of Snap Inc Class A Common Stock following the transaction
restricted stock units ("RSUs") financial
"connection with the settlement and release of restricted stock units ("RSUs") granted"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"Represents the sale of shares to cover tax withholding obligations in connection"
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold"
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.

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

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FAQ

What insider transaction did Snap (SNAP) report for Chief Business Officer Ajit Mohan?
Snap reported that Chief Business Officer Ajit Mohan sold 24,263 shares of Class A Common Stock on 2026-07-16. The sale covered tax withholding obligations tied to settling RSUs, rather than a discretionary reduction of his existing shareholdings.

At what price were Ajit Mohan’s Snap (SNAP) shares sold in this transaction?
The 24,263 shares were sold at a weighted average price of $4.7173 per share. According to the disclosure, individual trades occurred at prices ranging from $4.545 to $4.80 per share, with full trade-level detail available on request.

How many Snap (SNAP) shares does Ajit Mohan hold after this reported sale?
After the reported transaction, Ajit Mohan directly holds 5,026,705 shares of Snap Inc Class A Common Stock. This indicates that the 24,263 shares sold for tax withholding represent a small portion of his overall reported holdings.

Is Ajit Mohan’s Snap (SNAP) transaction reported as under a Rule 10b5-1 trading plan?
The transaction is not marked as being executed under a Rule 10b5-1 trading plan. There is no indication in the disclosure or related footnotes that a pre-arranged trading arrangement governed this 24,263-share tax-withholding sale.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/16/2026S24,263(1)D$4.7173(2)5,026,705D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $4.545 to $4.80 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-fact07/20/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR