---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-212461"
form_type: "8-K/A"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:40:49.159266+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-212461
- form_type: 8-K/A
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564408/000119312526212461/0001193125-26-212461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000119312526212461/d135064d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-212461
- JSON: https://secwatch.observer/filing/0001193125-26-212461.json
- Plain text: https://secwatch.observer/filing/0001193125-26-212461.txt

## Key facts
- Executive change
  Douglas Hott was appointed as Chief Financial Officer at Snap Inc.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 5, 2026, our board of directors appointed Douglas Hott as Chief Financial Officer and principal financial officer, effective May 9, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564408/000119312526212461/0001193125-26-212461-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.