Snap (SNAP) CCO Ronan Harris Receives RSU Award

What Happened Ronan Harris, Snap Inc.'s Chief Commercial Officer, was granted 3,353,150 restricted stock units (RSUs) on September 18, 2026. The Form 4 reports the acquisition price as $0.00 (award), so no cash was paid. Each RSU represents a contingent right to receive one share of Snap Class A common stock upon settlement.

Key Details

• Transaction date: 2026-09-18; Form 4 filed 2026-09-22 (filed within the 2-business-day reporting window).
• Transaction type/code: Award/Grant (A).
• RSUs granted: 3,353,150; price reported: $0.00. (Form 4 lists $0 as the acquisition amount; market-value at vesting is not specified.)
• Shares owned after transaction: Not specified/disclosed in the filing.
• Vesting schedule (from filing footnote):
  • 67,812 RSUs vest in one installment after the 3-month period of continuous service from Aug 15, 2026 (i.e., ~Nov 15, 2026).
  • 271,248 RSUs vest in equal quarterly installments during the 12‑month period starting Nov 15, 2026.
  • 1,024,939 RSUs vest in equal quarterly installments during the 12‑month period starting Nov 15, 2027.
  • 1,989,151 RSUs vest in equal quarterly installments during the 12‑month period starting Nov 15, 2028.
  • If the reporting person dies while in continuous service, 100% of the RSUs immediately vest.
• No 10b5-1 plan, tax-withholding sale, or late filing is indicated in the provided details.

Context RSUs are compensation awards that convert to shares only when they vest and are settled; they do not involve an immediate cash outlay or open‑market purchase. Grants are routine for executive compensation and do not by themselves signal a buy or sell decision by the insider in the market.