Snowflake (SNOW) director Mark McLaughlin receives 1,273-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCLAUGHLIN MARK D reported acquisition or exercise transactions in this Form 4 filing.
Snowflake Inc. director Mark D. McLaughlin received an equity award of 1,273 shares of Common Stock as a grant or award. The award is in the form of restricted stock units that will vest in full on the earlier of the annual stockholder meeting to be held in 2027 (or immediately prior if his service ends at that meeting) or the first anniversary of the grant date, subject to his continued service.
After this grant, he holds 14,333 shares directly, which include shares to be issued upon vesting of restricted stock units. He also has indirect ownership through the McLaughlin Revocable Trust and the McLaughlin 2020 Dynasty LLC, which together hold additional Common Stock as reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MCLAUGHLIN MARK D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,273 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,333 shares (Direct);
Common Stock — 3,592 shares (Indirect, Trust)
Footnotes (1)
- The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2027 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date. On September 9, 2025, the Reporting Person transferred 2,292 shares to the McLaughlin Revocable Trust for which the Reporting Person is a trustee and a beneficiary. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The shares are held by the McLaughlin Revocable Trust for which the Reporting Person is a trustee and a beneficiary. The shares are held by the McLaughlin 2020 Dynasty LLC for which the Reporting Person is the manager.
Key Figures
RSU grant size: 1,273 shares
Grant price: $0.00 per share
Direct holdings after grant: 14,333 shares
+2 more
5 metrics
RSU grant size
1,273 shares
Restricted stock unit award to director McLaughlin
Grant price
$0.00 per share
Restricted stock units granted at no purchase price
Direct holdings after grant
14,333 shares
Common Stock held directly after RSU award, including issuable RSUs
Indirect trust holding example
524 shares
Common Stock held indirectly through a trust
Additional indirect holding example
3,592 shares
Common Stock held indirectly through a related entity
Key Terms
restricted stock units, Revocable Trust, Dynasty LLC, annual meeting of the Issuer's stockholders
4 terms
restricted stock units financial
"The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting..."
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.
Revocable Trust financial
"On September 9, 2025, the Reporting Person transferred 2,292 shares to the McLaughlin Revocable Trust..."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Dynasty LLC financial
"The shares are held by the McLaughlin 2020 Dynasty LLC for which the Reporting Person is the manager."
annual meeting of the Issuer's stockholders financial
"The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2027..."
FAQ
What did Snowflake (SNOW) director Mark D. McLaughlin report in this Form 4?
He reported receiving an award of 1,273 shares of Snowflake Common Stock as restricted stock units. These units were granted at no purchase price as part of his director compensation and increase his direct holdings to 14,333 shares.
How do Mark D. McLaughlin’s new restricted stock units in Snowflake (SNOW) vest?
The 1,273 restricted stock units vest in full on the earlier of the 2027 annual stockholder meeting (or immediately before it if his service ends then) or the first anniversary of grant, subject to his continued service as a director.
What indirect Snowflake (SNOW) holdings does Mark D. McLaughlin report?
He reports indirect ownership through the McLaughlin Revocable Trust, where he is trustee and beneficiary, and through the McLaughlin 2020 Dynasty LLC, where he is manager. These entities hold additional Snowflake Common Stock on his behalf.