Snap appoints Douglas Hott as CFO with $1M salary and $14.9M equity grant

Snap Inc

Douglas Hott appointed CFO effective May 9, 2026; annual salary $1,000,000.
Promotion RSUs valued at least $14,900,000 vest quarterly over 33 months (24% in first 9 months, then 38% each in next 12-month periods).
Eligible for annual equity awards with target grant value of $6,000,000, vesting after full vesting of Promotion RSUs.
Offer letter filed as Exhibit 10.1 detailing terms and at-will employment.

item 5.02 item 9.01

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Appointed

Douglas Hott

Chief Financial Officer

SNAP · Snap Inc

Effective: 2026-05-09
Filed: May 7, 2026, 7:59 PM ET

On May 5, 2026, our board of directors appointed Douglas Hott as Chief Financial Officer and principal financial officer, effective May 9, 2026.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Hott was appointed as Chief Financial Officer at Snap Inc.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 5, 2026, our board of directors appointed Douglas Hott as Chief Financial Officer and principal financial officer, effective May 9, 2026.

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Source: SEC EDGAR

accession 0001193125-26-212461

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