Snap CBO sells shares to cover RSU taxes
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 119,339 | $4.7014 | $561K |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Snap (SNAP) Chief Business Officer Ajit Mohan report in this Form 4?
What type of security did Ajit Mohan transact in for this Snap (SNAP) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.