Snap Inc (SNAP) awards 46,905 RSUs to director Matthew Blake McRae

Rhea-AI Filing Summary

MCRAE MATTHEW BLAKE reported acquisition or exercise transactions in this Form 4 filing.

Snap Inc director Matthew Blake McRae received a grant of 46,905 restricted stock units (RSUs) representing Class A common stock. Each RSU equals one share upon settlement. After this award, his directly held equity position is 67,558 shares/RSUs. The RSUs vest 100% after he completes one year of continuous service from August 1, 2026, with pro-rata vesting if board service ends earlier, automatic full vesting upon a change in control under Snap’s 2017 Equity Incentive Plan, and immediate full vesting if he dies while in continuous service.

Insider Trade Summary

Net Buyer: 46,905 shares

Net Buy 1 txn

Insider MCRAE MATTHEW BLAKE

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 — 67,558 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 RSUs Holdings after transaction: 67,558 shares/RSUs Vesting schedule: 100% after one year from August 1, 2026

3 metrics

RSUs granted 46,905 RSUs Restricted stock units granted to Matthew Blake McRae on August 7, 2026

Holdings after transaction 67,558 shares/RSUs Total direct Class A common stock/RSUs held after the award

Vesting schedule 100% after one year from August 1, 2026 Full vesting contingent on one year of continuous board service from that date

Key Terms

restricted stock units, pro-rata acceleration, change in control, 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.

pro-rata acceleration financial

"The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service"

change in control financial

"automatic full acceleration in the event of a change in control, as defined"

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.

2017 Equity Incentive Plan financial

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

FAQ

What equity award did Snap (SNAP) director Matthew Blake McRae receive?

Matthew Blake McRae received 46,905 restricted stock units (RSUs) linked to Snap’s Class A common stock. Each RSU represents a contingent right to receive one share upon settlement, subject to vesting conditions tied to his board service.

How many Snap (SNAP) shares/RSUs does Matthew Blake McRae hold after this Form 4?

Following the reported award, Matthew Blake McRae holds 67,558 shares/RSUs of Snap Class A common stock directly. This total includes the newly granted 46,905 RSUs, which will settle into shares if and when they vest under the grant terms.

When do Matthew Blake McRae’s new Snap (SNAP) RSUs vest?

The RSUs vest 100% after he completes one year of continuous service from August 1, 2026. Vesting is contingent on his ongoing service on Snap’s board of directors during that one-year period.

What happens to the Snap (SNAP) RSUs if Matthew Blake McRae leaves the board early?

If his board service ends before full vesting, the RSUs are subject to pro-rata acceleration. This means a portion can vest based on service already provided, according to the terms in Snap’s 2017 Equity Incentive Plan.

How are the Snap (SNAP) RSUs treated in a change in control or in the event of death?

In a change in control, the RSUs receive automatic full acceleration under Snap’s 2017 Equity Incentive Plan. If Matthew Blake McRae dies while in continuous service, 100% of the RSUs are deemed fully vested immediately.

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^*

MCRAE MATTHEW BLAKE

(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	67,558	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)