Snap Inc (SNAP) grants 46,905 RSUs to board director James Lanzone

Rhea-AI Filing Summary

Lanzone James reported acquisition or exercise transactions in this Form 4 filing.

Snap Inc director James Lanzone received a grant of 46,905 restricted stock units (RSUs), each representing one share of Class A Common Stock. These RSUs are scheduled to vest 100% after he completes one year of continuous service from August 1, 2026. The award includes pro-rata vesting on discontinued board service, full acceleration upon a change in control or death, and settlement deferred until the earlier of the 90th day after separation from service or a change in control. Following this grant, Lanzone directly holds 102,377 Class A shares/RSUs.

Insider Trade Summary

Net Buyer: 46,905 shares

Net Buy 1 txn

Insider Lanzone James

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 — 102,377 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. The settlement of such RSUs will be deferred until the earlier of a) the 90th day following the reporting person's separation from service from the Issuer (as defined under Treasury Regulations Section 1.409A-1(h)) or b) a change in control.

Key Figures

RSUs granted: 46,905 RSUs Holdings after grant: 102,377 shares/RSUs Vesting schedule: 100% after one year from August 1, 2026 +1 more

4 metrics

RSUs granted 46,905 RSUs Restricted stock units representing Class A Common Stock granted to James Lanzone

Holdings after grant 102,377 shares/RSUs Total direct Class A holdings following the reported RSU grant

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

Settlement timing Earlier of 90th day after separation or change in control Deferral provisions for RSU settlement into Class A shares

Key Terms

restricted stock units ("RSUs"), change in control, pro-rata acceleration, 2017 Equity Incentive Plan, +2 more

6 terms

restricted stock units ("RSUs") financial

"Represents shares issuable on settlement 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.

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"

separation from service financial

"following the reporting person's separation from service from the Issuer"

Treasury Regulations Section 1.409A-1(h) regulatory

"as defined under Treasury Regulations Section 1.409A-1(h)"

FAQ

What did Snap (SNAP) director James Lanzone report in this Form 4?

James Lanzone reported a grant of 46,905 RSUs of Snap Class A Common Stock. These are compensation-related awards, not an open-market purchase or sale, and increase his direct holdings to 102,377 shares/RSUs.

When do James Lanzone’s new Snap (SNAP) RSUs vest?

The RSUs vest 100% after one year of continuous service from August 1, 2026. If he remains on Snap’s board for that full year, all 46,905 RSUs become fully vested at that time.

Are there acceleration provisions on James Lanzone’s Snap (SNAP) RSUs?

Yes. The RSUs provide pro-rata acceleration if his board service ends, and automatic full acceleration upon a change in control or if he dies while in continuous service, as defined in Snap’s 2017 Equity Incentive Plan.

When will James Lanzone actually receive Snap (SNAP) shares from these RSUs?

Settlement of the RSUs is deferred until the earlier of 90 days after separation from service or a change in control. Only then are the vested RSUs settled into Snap Class A shares.

How many Snap (SNAP) shares/RSUs does James Lanzone hold after this grant?

After the reported grant, James Lanzone holds 102,377 Snap Class A shares/RSUs directly. This figure includes the newly awarded 46,905 RSUs that are subject to vesting and settlement conditions.

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^*

Lanzone James

(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	102,377	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. The settlement of such RSUs will be deferred until the earlier of a) the 90th day following the reporting person's separation from service from the Issuer (as defined under Treasury Regulations Section 1.409A-1(h)) or b) a change in control.

	/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)