Snap CBO sells 6,923 shares for tax withholding
Snap Inc Chief Business Officer Ajit Mohan reported a small sale of 6,923 shares of Class A common stock.
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Rhea-AI Filing Summary
Snap Inc Chief Business Officer Ajit Mohan reported a small sale of 6,923 shares of Class A common stock. The shares were sold primarily to cover tax withholding obligations tied to the vesting of restricted stock units, rather than as a discretionary portfolio move.
The stock was sold at a weighted average price of about $5.58 per share, and Mohan continues to hold about 5,050,968 shares directly. This filing reflects routine tax-related housekeeping following equity compensation vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,923 | $5.5832 | $39K |
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 $5.34 to $5.85 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.