Snap CBO sells shares for RSU tax withholding

Snap Inc Chief Business Officer Ajit Mohan reported an open-market sale of 44,785 shares of Class A Common Stock.

Rhea-AI Filing Summary

Snap Inc Chief Business Officer Ajit Mohan reported an open-market sale of 44,785 shares of Class A Common Stock. The shares were sold at a weighted average price of $5.6003 per share, with individual trades ranging from $5.465 to $5.705.

According to the disclosure, this sale was made solely to cover tax withholding obligations related to the settlement of restricted stock units, rather than as a discretionary portfolio trade. After these transactions, Mohan directly holds 5,057,891 shares of Snap Class A Common Stock.

Insider Trade Summary

Net Seller: 44,785 shares

Net Sell 1 txn

Insider Mohan Ajit

Role Chief Business Officer

Sold 44,785 shs ($251K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	44,785	$5.6003	$251K

Holdings After Transaction: Class A Common Stock — 5,057,891 shares (Direct)

Footnotes (2)

1. 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.
2. F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.465 to $5.705 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.

Key Figures

Shares sold: 44,785 shares Weighted average sale price: $5.6003 per share Post-transaction holdings: 5,057,891 shares +2 more

5 metrics

Shares sold 44,785 shares Open-market sale on May 18, 2026 to cover RSU taxes

Weighted average sale price $5.6003 per share Class A Common Stock sale price reported in Form 4

Post-transaction holdings 5,057,891 shares Direct Class A Common Stock held after the sale

Price range of trades $5.465–$5.705 per share Range of prices for multiple sale transactions

RSU-to-share ratio 1 RSU : 1 share Each RSU represents a contingent right to one share

Key Terms

restricted stock units, tax withholding obligations, weighted average price, Class A Common Stock

4 terms

restricted stock units financial

"in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer"

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.

tax withholding obligations financial

"sale of shares to cover tax withholding obligations in connection with the settlement"

weighted average price financial

"The reported price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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?

Ajit Mohan reported selling 44,785 shares of Snap Class A Common Stock. The filing states the sale was made to cover tax withholding obligations tied to settling previously granted restricted stock units, rather than a discretionary open-market liquidation.

At what prices were Ajit Mohan’s Snap (SNAP) shares sold?

The shares were sold at a weighted average price of $5.6003 per share. Individual trades occurred in multiple transactions at prices ranging from $5.465 to $5.705 per share, according to the detailed pricing disclosure.

Why did Ajit Mohan sell 44,785 Snap (SNAP) shares?

The filing explains the sale was to cover tax withholding obligations arising from the settlement and release of restricted stock units. These RSUs were granted by Snap and each RSU represents a contingent right to receive one share of Class A Common Stock.

How many Snap (SNAP) shares does Ajit Mohan hold after this transaction?

Following the reported sale, Ajit Mohan directly holds 5,057,891 shares of Snap Class A Common Stock. This remaining ownership shows that the tax-related sale was relatively small compared with his total direct equity position in the company.

What does the weighted average price disclosure mean in Ajit Mohan’s Snap (SNAP) sale?

The filing states the reported price is a weighted average across many trades between $5.465 and $5.705. Mohan offers to provide detailed breakdowns of the number of shares sold at each specific price upon request to interested parties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 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^*

Mohan Ajit

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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	05/18/2026		S		44,785(1)	D	$5.6003(2)	5,057,891	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 $5.465 to $5.705 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/ Marzena Gellert, Attorney-in-fact	05/20/2026
	** 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)