[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) Chief Revenue Officer Michael S. Gannon reported an insider disposition on 09/08/2025. The Form 4 shows 15,433 shares were disposed of at $225.58 per share. The filing states these shares were withheld to satisfy tax withholding on vested restricted stock units. After the transaction, Mr. Gannon beneficially owns 303,975 shares, which includes shares to be issued from vesting RSUs. The Form 4 was executed by an Attorney-in-Fact and contains the issuer and reporting-person roles (Officer, Chief Revenue Officer) without additional commentary.

Positive

• Transaction disclosed as tax-withholding on RSU vesting, indicating ordinary compensation mechanics rather than an opportunistic open-market sale
• Form 4 appears properly executed with reporting person identified and Attorney-in-Fact signature

Negative

• Insider disposition of 15,433 shares at $225.58 per share reduces direct holdings and may be viewed by some investors as selling activity
• Filing does not state total cash proceeds from the disposition or further context about ongoing equity compensation schedules

Insights

Securities Analyst

TL;DR: An officer sold 15,433 shares at $225.58, identified as tax-withholding on RSU vesting; remaining beneficial ownership is 303,975 shares.

The transaction is disclosed as a non-derivative disposition coded F(1), which the filer explains represents shares withheld to satisfy tax withholding on RSU vesting. This is a routine mechanics-driven sale rather than an open-market voluntary sale according to the remark. The amount disposed, 15,433 shares, is explicitly documented along with the per-share price, so investors can compute proceeds but the filing does not state total proceeds or any change to ongoing compensation arrangements.

Corporate Governance Expert

TL;DR: Governance filing documents a tax-withhold disposition upon RSU vesting; disclosure appears complete and properly executed.

The Form 4 includes required identifying information, the reporting person’s role as Chief Revenue Officer, the transaction date, transaction code and an explanation that withholding satisfied tax obligations. The form is signed by an Attorney-in-Fact. There are no labor, regulatory or related-party details beyond the RSU withholding note, and no amendment or additional context is provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gannon Michael S

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

106 EAST BABCOCK STREET, SUITE 3A

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2025		F(1)		15,433	D	$225.58	303,975(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Michael S. Gannon report for SNOW on 09/08/2025?

He reported a disposition of 15,433 common shares on 09/08/2025 at a price of $225.58 per share, coded F(1) for tax-withholding on RSU vesting.

How many SNOW shares does Michael S. Gannon beneficially own after the reported transaction?

The Form 4 shows 303,975 shares beneficially owned following the reported transaction, including shares to be issued from RSU vesting.

Was the reported sale an open-market sale or withheld for taxes?

The filing states the shares were withheld to satisfy tax withholding obligations on vested restricted stock units.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Marie Reider, Attorney-in-Fact on behalf of the reporting person on 09/10/2025.

What role does Michael S. Gannon have at Snowflake (SNOW)?

The filing lists him as an Officer with the title Chief Revenue Officer and indicates a Director box is checked.