Ajit Mohan, Chief Business Officer at Snap Inc (NASDAQ:SNAP), sold 44,785 shares of Class A Common Stock on May 18, 2026. The transaction totaled $250,809.
The shares were sold at a weighted average price of $5.6003 per share. The sale was to cover tax withholding obligations related to RSU settlements.
Following the sale, Mohan directly holds 5,057,891 shares. According to Bond.az analysis, Snap appears undervalued at current levels.
In other news, Snap appointed Luke Wood to its board. The company reported a mixed Q1 with declining ad revenue due to geopolitical challenges and reduced ad budgets.












