Sandra Pundmann - 20 Jun 2025 Form 4 Insider Report for Snail, Inc. (SNAL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Jun 2025, 09:28:46 UTC
Prior SEC filing
09 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Heidy Chow, Attorney-In-Fact for Sandra Pundmann

Key filing fact

Sandra Pundmann filed Form 4 for Snail, Inc. (SNAL) on 25 Jun 2025.

Key facts

  • This page summarizes Sandra Pundmann's Form 4 filing for Snail, Inc. (SNAL).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Jun 2025, 09:28.

Change

  • Previous filing in this sequence was filed on 09 Nov 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001950244 Primary reporting owner

Pundmann Sandra

Relationship
Director
Address
C/O SNAIL, INC., 12049 JEFFERSON BOULEVARD, CULVER CITY
Signature
/s/ Heidy Chow, Attorney-In-Fact for Sandra Pundmann
Signature date
25 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNAL transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+44,444
Change %
+370%
Price
$0.000000
Shares after
56,444
Date
20 Jun 2025
Ownership
Direct
Footnotes
F1, F2
SNAL transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+44,444
Change %
+79%
Price
$0.000000
Shares after
100,888
Date
20 Jun 2025
Ownership
Direct
Footnotes
F3, F4
SNAL transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+44,444
Change %
+44%
Price
$0.000000
Shares after
145,332
Date
20 Jun 2025
Ownership
Direct
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On June 20, 2025, Snail, Inc. (the "Issuer") granted the reporting person 44,444 time-based restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Incentive Plan (the "Plan") for serving as a member of the Issuer's Board of Directors (the "Board") during Fiscal 2023. The 44,444 RSUs were calculated by dividing $60,000 by $1.35, the closing price of the Class A common stock on the Nasdaq Capital Market on June 20, 2025.

Footnote F2

(continued from footnote 1) Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the reporting person's continuous service with the Issuer or any subsidiary of the Issuer (a "Subsidiary") through the vesting date. The RSUs vest immediately upon the execution of the Restricted Stock Unit Award Agreement (Non-Employee Directors) (the "RSU Award Agreement") by the Issuer and the reporting person, which agreement was executed prior to the filing of this report. The grant was approved by the Compensation Committee of the Board and the Board and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Footnote F3

On June 20, 2025, the Issuer granted the reporting person 44,444 time-based RSUs under the Plan for serving as a member of the Board during Fiscal 2024. The 44,444 RSUs were calculated by dividing $60,000 by $1.35, the closing price of the Class A common stock on the Nasdaq Capital Market on June 20, 2025.

Footnote F4

(continued from footnote 3) Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the reporting person's continuous service with the Issuer or any Subsidiary through the vesting date. The RSUs vest immediately upon the execution of the RSU Award Agreement by the Issuer and the reporting person, which agreement was executed prior to the filing of this report. The grant was approved by the Compensation Committee of the Board and the Board and is exempt pursuant to Rule 16b-3 under the Exchange Act.

Footnote F5

On June 20, 2025, the Issuer granted the reporting person 44,444 time-based restricted RSUs under the Plan for serving as a member of the Board on the date of the 2025 Annual Meeting of Stockholders. The 44,444 RSUs were calculated by dividing $60,000 by $1.35, the closing price of the Class A common stock on the Nasdaq Capital Market on June 20, 2025.

Footnote F6

(continued from footnote 5) Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the reporting person's continuous service with the Issuer or any Subsidiary through the vesting date. The RSUs vest in four (4) equal quarterly installments over the course of one (1) year. The grant was approved by the Compensation Committee of the Board and the Board and is exempt pursuant to Rule 16b-3 under the Exchange Act.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .