Snowflake (SNOW) CAO reports 263-share tax-withholding disposition on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. Chief Accounting Officer Emily Ho reported two small share dispositions that were used to cover tax obligations on vesting restricted stock units. A total of 263 shares of common stock were withheld at a reported price of $232.78 per share, and the filing indicates she continues to hold a substantial direct equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ho Emily
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 175 | $232.78 | $41K |
| Tax Withholding | Common Stock | 88 | $232.78 | $20K |
Holdings After Transaction:
Common Stock — 44,251 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Key Figures
Tax-withholding shares (first transaction): 88 shares
Tax-withholding shares (second transaction): 175 shares
Total tax-withholding shares: 263 shares
+1 more
4 metrics
Tax-withholding shares (first transaction)
88 shares
Common stock withheld for taxes on RSU vesting
Tax-withholding shares (second transaction)
175 shares
Common stock withheld for taxes on RSU vesting
Total tax-withholding shares
263 shares
Sum of Form 4 tax-withholding dispositions
Reported price per share
$232.78 per share
Valuation used for both tax-withholding entries
Key Terms
restricted stock units, tax-withholding disposition, Common Stock
3 terms
restricted stock units financial
"tax withholding obligations on the vesting of restricted stock units"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Snowflake (SNOW) executive Emily Ho report in this Form 4?
Emily Ho, Snowflake’s Chief Accounting Officer, reported two small dispositions of common stock. The transactions reflect shares withheld by the company to cover tax obligations tied to vesting restricted stock units, rather than open-market sales or discretionary trading activity.
Does the Snowflake (SNOW) Form 4 indicate open-market buying or selling?
The Form 4 does not indicate open-market buying or selling by Emily Ho. Instead, it reports tax-withholding dispositions coded “F,” meaning shares were delivered back to the issuer to satisfy tax liabilities from restricted stock unit vesting events.
What do the footnotes in the Snowflake (SNOW) Form 4 explain?
The footnotes clarify that the reported shares were withheld to satisfy tax obligations on vesting restricted stock units. They also state that the executive’s holdings include shares to be issued in connection with vesting of one or more restricted stock units in the future.