Snap Inc (SNAP) director Poppy Thorpe receives 46,905 RSUs in new equity grant

Rhea-AI Filing Summary

Thorpe Poppy reported acquisition or exercise transactions in this Form 4 filing.

Snap Inc director Poppy Thorpe received a grant of 46,905 restricted stock units (RSUs) of Class A Common Stock on August 7, 2026. Each RSU represents one share, with 100% vesting after one year of continuous service from August 1, 2026, subject to pro-rata acceleration if board service ends, full acceleration upon a change in control, and immediate vesting upon death. Following this award, Thorpe directly holds 142,217 Class A shares and RSUs.

Insider Trade Summary

Net Buyer: 46,905 shares

Net Buy 1 txn

Insider Thorpe Poppy

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 — 142,217 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.

Key Figures

RSUs granted: 46,905 shares Shares/RSUs after transaction: 142,217 shares Vesting schedule: 100% after one year +1 more

4 metrics

RSUs granted 46,905 shares Restricted stock units of Class A Common Stock granted on August 7, 2026

Shares/RSUs after transaction 142,217 shares Total Class A Common Stock and RSUs directly held after the grant

Vesting schedule 100% after one year One year of continuous service from August 1, 2026 required for full vesting

Exercise price $0.00 per share Compensation award with no purchase price for the 46,905 RSUs

Key Terms

restricted stock units, pro-rata acceleration, change in control, 2017 Equity Incentive Plan

4 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.

pro-rata acceleration financial

"The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service"

change in control financial

"automatic full acceleration in the event of a change in control, as defined"

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.

2017 Equity Incentive Plan financial

"change in control, as defined in the Issuer's 2017 Equity Incentive Plan"

FAQ

What equity award did Snap Inc (SNAP) director Poppy Thorpe receive?

Poppy Thorpe received 46,905 restricted stock units (RSUs) of Snap Inc Class A Common Stock, each representing a contingent right to receive one share upon vesting.

When do Poppy Thorpe’s new RSUs at Snap Inc (SNAP) vest?

The RSUs vest 100% after Thorpe completes one year of continuous service from August 1, 2026, subject to specified acceleration provisions on service termination, change in control, or death.

How many Snap Inc (SNAP) shares and RSUs does Poppy Thorpe hold after this grant?

After the award, Thorpe directly holds 142,217 shares and RSUs of Snap Inc Class A Common Stock, as reported in the Form 4 filing.

Is there a purchase price for Poppy Thorpe’s Snap Inc (SNAP) RSU grant?

No purchase price applies; the RSU grant shows a price of $0.00 per share, reflecting a compensation award rather than a market purchase.

What happens to Poppy Thorpe’s Snap Inc (SNAP) RSUs upon a change in control?

In the event of a change in control, as defined in Snap Inc’s 2017 Equity Incentive Plan, 100% of the RSUs automatically accelerate and become fully vested.

How are Snap Inc (SNAP) RSUs treated if Poppy Thorpe leaves the board early?

If Thorpe’s board service discontinues, the RSUs are subject to pro-rata acceleration, allowing a portion of the 46,905 RSUs to vest based on service completed.

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^*

Thorpe Poppy

(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	142,217	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.

	/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)