Snap director Luke Wood granted 13,186 RSUs
Wood Luke reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wood Luke reported acquisition or exercise transactions in this Form 4 filing.
Snap Inc director Luke Wood received an equity award in the form of 13,186 restricted stock units (RSUs) of Class A Common Stock. The RSUs were granted at no cash cost and will all vest on August 2, 2026, subject to his continued board service and standard acceleration provisions for discontinued service, change in control, or death.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13,186 | $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 on August 2, 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 ("RSUs") financial
change in control financial
2017 Equity Incentive Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.