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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2026, our board of directors approved an increase to the size of the board from twelve to thirteen members and appointed Luke Wood to fill the newly created vacancy. Mr. Wood will serve until the earlier of (a) the next annual meeting of our stockholders, (b) the effectiveness of the next action by written consent of stockholders in lieu…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (c) Appointment of Chief Financial Officer On May 5, 2026, our board of directors appointed Douglas Hott as Chief Financial Officer and principal financial officer, effective May 9, 2026. Mr. Hott will have an annual salary of $1,000,000. In addition, effective May 9, 2026, Mr. Hott was awarded restricted stock units with an aggregate value of at l…
Results of Operations and Financial Condition. On May 6, 2026, Snap Inc. reported financial results for the three months ended March 31, 2026. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Chief Financial Officer On April 17, 2026, Derek Andersen, our Chief Financial Officer, notified us that he will leave Snap for a new professional opportunity. Mr. Andersen’s last day at Snap is expected to be May 8, 2026. Mr. Andersen has confirmed that his decision is not related to any disagreement with us on any matter relating…
Results of Operations and Financial Condition. On April 15, 2026, we posted an Investor Update presentation to our Investor Relations website at investor.snap.com, which includes, among other things, updated financial outlook information for the first quarter of 2026. In the presentation, we disclosed estimated total revenue of approximately $1.529 billion, representing 12% growth year-over-year, and estimated adjusted EBITDA of approximately $233 million, in each case for the first quarter o…
Costs Associated with Exit or Disposal Activities. On April 15, 2026, we announced a plan to reduce our global headcount by approximately 16% of our global full-time employees. The headcount reduction is designed to further streamline our operations and reallocate resources toward our highest-priority initiatives, leveraging increased operational efficiencies to accelerate our path toward net-income profitability. As a result, we currently estimate that we will incur pre-tax charges in the ra…
Regulation FD Disclosure. On April 15, 2026, we began notifying team members affected by the strategic reprioritization and communicated the changes to the entire company with a letter from Evan Spiegel, our Chief Executive Officer and Co-Founder, which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference. On April 15, 2026, we posted an Investor Update presentation to our Investor Relations website at investor.snap.com, which, among other things, re…
Results of Operations and Financial Condition. On February 4, 2026, Snap Inc. reported financial results for the three months and full year ended December 31, 2025. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, a…
Other Events. On February 4, 2026, Snap Inc. announced its board of directors had authorized a stock repurchase program of up to $500 million of its Class A common stock. Repurchases of Class A common stock may be made from time to time, either through open market transactions (including through Rule 10b5-1 trading plans) or through privately negotiated transactions in accordance with applicable securities laws. Repurchases under the program have been authorized for 12 months but the program…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 4, 2025, our board of directors approved an increase to the size of the board from eleven to twelve members and appointed Matthew McRae to fill the newly created vacancy. Mr. McRae will serve until the earlier of (a) the next annual meeting of our stockholders, (b) the effectiveness of the next action by written consent of stockholders…
Results of Operations and Financial Condition. On November 5, 2025, Snap Inc. reported financial results for the three and nine months ended September 30, 2025. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as am…
Other Events. On November 5, 2025, Snap Inc. announced its board of directors has authorized a stock repurchase program of up to $500 million of its Class A common stock. Repurchases of Class A common stock may be made from time to time, either through open market transactions (including through Rule 10b5-1 trading plans) or through privately negotiated transactions in accordance with applicable securities laws. Repurchases under the program have been authorized for 12 months but the program…
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On September 3, 2025, Michael O’Sullivan, our General Counsel and Secretary, notified us that he will be leaving Snap on December 31, 2025. Mr. O’Sullivan has confirmed that his decision is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, or practices (financial or otherwise). 1 SIGNATURES Pursuant to the requireme…
of this Current Report on Form 8-K). We may redeem for cash all or any portion of the Notes, at our option, at any time prior to September 15, 2028 at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus any accrued and unpaid interest to, but excluding, the redemption date and a “make-whole” premium as provided in the Indenture. Furthermore, until September 15, 2028, we may redeem up to 40% of the original aggregate principal amount of the Notes with the…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information set forth under “Indenture and Notes” under
Entry into a Material Definitive Agreement Indenture and Notes The Notes were issued pursuant to an Indenture, dated August 12, 2025 (the “Indenture”), between us and U.S. Bank Trust Company, National Association, as trustee (“Trustee”). The Notes are our senior unsecured obligations. The Notes will bear interest at a rate of 6.875% per year, payable in cash semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2026. The Notes mature on March 15, 2034 unle…
Results of Operations and Financial Condition. On August 5, 2025, Snap Inc. reported financial results for the three and six months ended June 30, 2025. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, o…
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On August 4, 2025, Eric Young, our Senior Vice President of Engineering, notified us that he will leave Snap to pursue a new opportunity. Mr. Young’s last day at Snap is expected to be August 15, 2025. Mr. Young has confirmed that this transition is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, or practices (fin…
Results of Operations and Financial Condition. On April 29, 2025, Snap Inc. reported financial results for the three months ended March 31, 2025. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subje…
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