Snap (NYSE: SNAP) CBO sells stock to cover RSU tax obligations

Rhea-AI Filing Summary

Snap Inc.'s Chief Business Officer Ajit Mohan reported a small share sale tied to taxes on equity awards. On January 16, 2026, he sold 20,848 shares of Snap Class A common stock at a weighted average price of $7.6244 per share, as disclosed under transaction code "S".

According to the footnotes, the sale represents shares sold to cover tax withholding obligations arising from the settlement and release of restricted stock units, where each RSU converts into one share of Class A common stock. After this transaction, Mohan beneficially owned 5,277,816 shares of Snap Class A common stock, held directly.

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

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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)
01/16/2026

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	01/16/2026		S		20,848(1)	D	$7.6244(2)	5,277,816	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 $7.565 to $7.67 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	01/20/2026
	** 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.
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FAQ

What insider transaction did Snap (SNAP) report for Ajit Mohan?

Snap's Chief Business Officer Ajit Mohan reported a sale of 20,848 shares of Snap Class A common stock on January 16, 2026, coded as an open-market or private sale ("S").

Why did Ajit Mohan sell Snap (SNAP) shares in this Form 4 filing?

The footnotes state the sale was made to cover tax withholding obligations in connection with the settlement and release of restricted stock units (RSUs) granted to him by Snap.

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

The filing reports a weighted average price of $7.6244 per share. The shares were sold in multiple trades at prices ranging from $7.565 to $7.67 per share, inclusive.

How many Snap (SNAP) shares does Ajit Mohan own after this Form 4 transaction?

Following the reported sale, Ajit Mohan beneficially owned 5,277,816 shares of Snap Class A common stock, held directly.

What role does the insider in this Snap (SNAP) Form 4 hold at the company?

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

What do the RSUs mentioned in the Snap (SNAP) Form 4 represent?

The filing explains that each RSU (restricted stock unit) granted to the reporting person represents a contingent right to receive one share of Snap’s Class A common stock upon settlement.