Snap (NYSE: SNAP) CAO sells 19,674 shares under 10b5-1 plan

Rhea-AI Filing Summary

Snap Inc’s Chief Accounting Officer, Rebecca Morrow, reported automatic share sales tied to equity compensation. She sold a total of 19,674 shares of Class A common stock in open-market transactions on February 17 and 19, 2026, at reported prices of $4.7016 and $4.8400 per share, respectively. According to the disclosure, these sales were made to cover tax withholding obligations arising from the settlement of restricted stock units granted by Snap, and were executed under a Rule 10b5-1 trading plan adopted on September 9, 2025. After these transactions, she directly holds 463,507 shares of Snap Class A common stock.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Morrow Rebecca

(Last) (First) (Middle)

C/O SNAP INC.

3000 31ST STREET

(Street)

SANTA MONICA CA 90405

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snap Inc [ SNAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/17/2026		S		16,499(1)	D	$4.7016(2)	466,682	D
Class A Common Stock	02/19/2026		S		3,175(3)	D	$4.84	463,507	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 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 $4.665 to $4.755 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.

3. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025.

	/s/ Atul Porwal, Attorney-in-fact	02/19/2026
	** 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.
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FAQ

What insider transaction did Snap (SNAP) disclose for Rebecca Morrow?

Snap’s Chief Accounting Officer, Rebecca Morrow, reported selling 19,674 Class A shares in two open-market transactions. The sales were tied to tax withholding for restricted stock unit settlements and executed under a pre-arranged Rule 10b5-1 trading plan.

How many Snap (SNAP) shares did Rebecca Morrow sell and at what prices?

Rebecca Morrow sold 19,674 Snap Class A shares in total. She sold 16,499 shares at $4.7016 per share on February 17, 2026, and 3,175 shares at $4.8400 per share on February 19, 2026, as reported.

Why did Snap’s Chief Accounting Officer sell shares in this Form 4 filing?

The filing states the sales were made to cover tax withholding obligations from the settlement and release of restricted stock units. Each RSU represents a contingent right to receive one Snap Class A share upon vesting and settlement.

Was the Snap (SNAP) insider sale made under a Rule 10b5-1 plan?

Yes. The filing notes that the reported sales were executed under a Rule 10b5-1 trading plan adopted by Rebecca Morrow on September 9, 2025. Such plans pre-schedule trades to help manage insider trading compliance.

How many Snap (SNAP) shares does Rebecca Morrow own after these transactions?

After the reported transactions, Rebecca Morrow directly holds 463,507 shares of Snap’s Class A common stock. This figure reflects her remaining ownership position following the 19,674 shares sold to cover tax-related obligations.

What does the Form 4 say about pricing for the Snap (SNAP) insider sales?

For one transaction, the filing reports a weighted average price, with individual sales between $4.665 and $4.755 per share. The issuer and any security holder may request detailed breakdowns of the number of shares sold at each separate price within that range.