Snap (SNAP) awards 65,081 RSUs to Chief Accounting Officer Rebecca Morrow
Rhea-AI Filing Summary
Morrow Rebecca reported acquisition or exercise transactions in this Form 4 filing.
Snap Inc reported that Chief Accounting Officer Rebecca Morrow received a grant of 65,081 restricted stock units (RSUs) for Class A Common Stock on August 7, 2026. Following this award, she holds 615,441 Class A shares and RSUs in total.
Each RSU represents a right to receive one Class A share. 46,905 RSUs vest in equal quarterly installments over 36 months from August 15, 2026, and 18,176 RSUs vest in equal quarterly installments over 12 months from the same date. If she dies while in continuous service, 100% of these RSUs vest immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 65,081 shares
Net Buy
1 txn
Insider
Morrow Rebecca
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 65,081 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 615,441 shares (Direct)
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. 46,905 of these RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from August 15, 2026, and the remaining 18,176 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from August 15, 2026. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
Key Figures
RSUs granted: 65,081 RSUs
Post-grant holdings: 615,441 shares
36‑month vesting tranche: 46,905 RSUs
+3 more
6 metrics
RSUs granted
65,081 RSUs
Grant of Class A Common Stock RSUs on August 7, 2026
Post-grant holdings
615,441 shares
Total Class A shares and RSUs following the reported transaction
36‑month vesting tranche
46,905 RSUs
Vest in equal quarterly installments over 36 months from August 15, 2026
12‑month vesting tranche
18,176 RSUs
Vest in equal quarterly installments over 12 months from August 15, 2026
Vesting start date
August 15, 2026
Start date for both vesting schedules of the RSU grant
Acceleration on death
100% of RSUs
RSUs become fully vested if the reporting person dies while in continuous service
Key Terms
restricted stock units, contingent right, continuous service
3 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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
continuous service financial
"during the 36-month period of the reporting person's continuous service from"
FAQ
What equity award did Snap (SNAP) grant to Chief Accounting Officer Rebecca Morrow?
Snap granted 65,081 RSUs of Class A Common Stock to Chief Accounting Officer Rebecca Morrow. These RSUs carry no purchase price and settle into one share of Class A stock per RSU upon vesting.
How do Rebecca Morrow’s new RSUs at Snap (SNAP) vest over time?
The award vests in two schedules: 46,905 RSUs vest in equal quarterly installments over 36 months from August 15, 2026, and 18,176 RSUs vest in equal quarterly installments over 12 months from the same date.
What are Rebecca Morrow’s total Snap (SNAP) Class A holdings after this Form 4?
After the grant, Rebecca Morrow holds 615,441 shares and RSUs of Snap Class A Common Stock. This figure reflects her direct beneficial ownership as reported in the Form 4 filing.
What happens to the RSUs if Snap (SNAP) executive Rebecca Morrow dies while in service?
If Rebecca Morrow dies while in continuous service, 100% of the RSUs from this grant become fully vested immediately. This acceleration applies to both the 36‑month and 12‑month vesting tranches.
AI-generated analysis. How Rhea-AI works. Not financial advice.