{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-026167","form_type":"8-K","ticker":"SNAP","cik":"0001564408","company_name":"Snap Inc","filed_at":"2022-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.173080+00:00","generated_at":"2026-06-24T09:58:33.250428+00:00","sec_items":["1.01","2.02","5.02","5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Snap Q2 revenue +13% to $1.11B, net loss widens to $422M; $500M buyback, special dividend tied to $40 stock","bullets":["Q2 revenue $1.111B (+13% YoY); net loss $422M vs $152M loss in prior year; adjusted EBITDA $7M down 94%.","DAUs reached 347M (+18% YoY); Spotlight time spent grew 59% YoY.","Board authorized $500M stock repurchase program over 12 months.","Special dividend of one Class A share per common share, conditioned on 65-day VWAP ≥$40 (deadline July 21, 2032).","Co-founders Spiegel and Murphy sign employment agreements through Jan 2027 with $1 salary, no equity grants; agree to convert super-voting shares on dividend sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-026167","json":"https://secwatch.observer/filing/0001564590-22-026167.json","markdown":"https://secwatch.observer/filing/0001564590-22-026167.md","text":"https://secwatch.observer/filing/0001564590-22-026167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000156459022026167/0001564590-22-026167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000156459022026167/snap-8k_20220719.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T09:58:33.250428+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}