Snap (SNAP) CBO Ajit Mohan sells shares to cover RSU tax obligations

Rhea-AI Filing Summary

Snap Inc's Chief Business Officer Ajit Mohan reported an open-market sale of Class A Common Stock primarily to cover tax obligations on vested restricted stock units. On February 17, 2026, he sold 119,339 shares at a weighted average price of $4.7014 per share. The sale was made in multiple trades within a price range of $4.66 to $4.755 per share. After these tax-related sales, Mohan still directly owns 5,158,477 shares of Snap's 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

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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).

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^*

Mohan Ajit

(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 Business 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		119,339(1)	D	$4.7014(2)	5,158,477	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 $4.66 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.

	/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.
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.

FAQ

What did Snap (SNAP) Chief Business Officer Ajit Mohan report in this Form 4?

Ajit Mohan reported selling 119,339 shares of Snap Class A Common Stock. The weighted average sale price was $4.7014 per share, executed in multiple trades, primarily to cover tax withholding tied to recently vested restricted stock units.

Why did Ajit Mohan sell 119,339 Snap (SNAP) shares in this filing?

The sale of 119,339 Snap shares was made to cover tax withholding obligations from the settlement of restricted stock units. Each RSU represents a right to receive one Snap Class A share when it vests and settles, triggering related tax liabilities.

At what prices were Ajit Mohan’s Snap (SNAP) shares sold according to the Form 4?

The reported weighted average sale price was $4.7014 per Snap share. The individual trades occurred in a range from $4.66 to $4.755 per share, with more detailed breakdowns available upon request from the company or regulators.

How many Snap (SNAP) shares does Ajit Mohan own after this reported sale?

Following the tax-related sale, Ajit Mohan directly holds 5,158,477 shares of Snap Class A Common Stock. This post-transaction holding reflects his remaining direct ownership after disposing of 119,339 shares to satisfy tax withholding on vested RSUs.

What type of security did Ajit Mohan transact in for this Snap (SNAP) Form 4?

The transaction involved Snap Class A Common Stock, reported as a non-derivative security. The shares were sold on the open market in connection with tax withholding for vested restricted stock units, rather than as part of a separate derivative instrument exercise.

Was Ajit Mohan’s Snap (SNAP) share transaction an open-market sale?

Yes, the filing classifies the transaction as an open-market sale. The sale was executed to cover tax withholding requirements from RSU settlement, with trades completed across multiple prices within a specified range on the transaction date.