Snap insider Chief Business Officer sale tied to RSU withholding

Rhea-AI Filing Summary

Snap Inc. (SNAP) reported an insider share sale by a senior officer. On 11/17/2025, the reporting person, who serves as Chief Business Officer, sold 109,372 shares of Snap Class A common stock.

The shares were sold at a weighted average price of $8.3408 per share. The sale was made to cover tax withholding obligations arising from the settlement of restricted stock units (RSUs), which are stock-based awards where each RSU converts into one share of Class A stock at vesting.

After this transaction, the insider beneficially owned 5,326,801 shares of Snap Class A common stock, held directly. This filing reflects equity award taxation rather than an open-market reduction of the overall position.

Insider Trade Summary

Net Seller: 109,372 shares ($912,250)

Net Sell 1 txn

Insider Mohan Ajit

Role Chief Business Officer

Sold 109,372 shs ($912K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	109,372	$8.3408	$912K

Holdings After Transaction: Class A Common Stock — 5,326,801 shares (Direct)

Footnotes (1)

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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.165 to $8.475 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.

Form 4 Insider Transactions: What Each Field Means →

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 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)
11/17/2025

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	11/17/2025		S		109,372(1)	D	$8.3408(2)	5,326,801	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 $8.165 to $8.475 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	11/19/2025
	** 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 insider transaction did Snap Inc. (SNAP) report in this Form 4?

The filing reports that a Snap Inc. officer sold 109,372 shares of Class A common stock on 11/17/2025.

At what price were the Snap (SNAP) shares sold in this insider transaction?

The shares were sold at a weighted average price of $8.3408 per share, with individual trades occurring between $8.165 and $8.475 per share.

Why did the Snap (SNAP) insider sell 109,372 shares?

The sale was made to cover tax withholding obligations related to the settlement and release of restricted stock units (RSUs) granted by Snap Inc.

How many Snap (SNAP) shares does the insider own after this transaction?

Following the reported sale, the insider beneficially owned 5,326,801 shares of Snap Inc. Class A common stock, held directly.

What is the insider’s relationship to Snap Inc. (SNAP)?

The reporting person is an officer of Snap Inc., serving as the company’s Chief Business Officer.

What are RSUs in the context of this Snap (SNAP) Form 4 filing?

The filing explains that each restricted stock unit (RSU) represents a contingent right to receive one share of Snap Inc. Class A common stock upon settlement.