Snowflake (NYSE: SNOW) CRO discloses 59,817 shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Snowflake Inc. Chief Revenue Officer Jonathan Mead Beaulier filed an initial Form 3 showing his beneficial ownership in the company. He directly holds 59,817 shares of Common Stock, including 38,339 restricted stock units that remain unvested from prior equity awards.
This filing is an ownership snapshot rather than a new transaction, and it does not report any recent purchases or sales of Snowflake stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beaulier Jonathan Mead
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,817 shares (Direct)
Footnotes (1)
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Key Figures
Common Stock owned: 59,817 shares
Unvested RSUs: 38,339 restricted stock units
2 metrics
Common Stock owned
59,817 shares
Total beneficial ownership reported on Form 3
Unvested RSUs
38,339 restricted stock units
Unvested portion of prior restricted stock unit awards
Key Terms
restricted stock units, unvested, beneficial ownership
3 terms
restricted stock units financial
"Includes an aggregate of 38,339 restricted stock units, which represents the unvested portion"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
unvested financial
"represents the unvested portion of restricted stock unit awards previously granted"
beneficial ownership financial
"initial statement of beneficial ownership in the company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Snowflake (SNOW) Chief Revenue Officer report on this Form 3?
The Form 3 shows that Snowflake’s Chief Revenue Officer, Jonathan Mead Beaulier, beneficially owns 59,817 shares of Common Stock. This includes both fully owned shares and unvested equity awards granted as part of his compensation package.
How many restricted stock units does the Snowflake (SNOW) CRO have?
The filing states that the Chief Revenue Officer holds 38,339 restricted stock units. These RSUs represent the unvested portion of previously granted awards and may convert into shares of Common Stock over time as vesting conditions are met.
Is this Snowflake (SNOW) Form 3 a buy or sell transaction?
This Form 3 is not a buy or sell report. It is an initial statement of beneficial ownership, providing a snapshot of the Chief Revenue Officer’s existing Snowflake holdings when he became subject to insider reporting requirements.
What does it mean that Snowflake (SNOW) RSUs are unvested for the CRO?
Unvested restricted stock units mean the CRO does not yet fully own those shares. The 38,339 RSUs disclosed will generally convert into Common Stock only if specified vesting conditions, such as continued employment, are satisfied over time.