Snowflake (SNOW) founder-architect logs RSU tax withholdings and 10b5-1 stock sale
Rhea-AI Filing Summary
Snowflake Inc. insider transactions: A director and officer, identified as Founder and Chief Architect, reported several stock movements dated 12/08/2025 and 12/09/2025. On 12/08/2025, 560 shares and 273 shares of common stock were disposed of at $228.79 per share, representing shares withheld to satisfy tax obligations on vesting restricted stock units. On 12/09/2025, 814 shares were sold at $223.31 per share under a Rule 10b5-1 trading plan adopted on March 28, 2025.
After these transactions, the insider beneficially owns 49,686 shares directly. In addition, indirect holdings include 750,000 shares in The Thira GRAT No. 1, 750,000 shares in The Selene GRAT No. 1, and 3,051,555 shares in The Snow Trust UTA. The insider disclaims beneficial ownership of the Thira GRAT shares.
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FAQ
What did the Snowflake (SNOW) insider report in this Form 4?
The Snowflake insider reported tax-related share withholding on restricted stock unit vesting and an open-market sale of common stock in early December 2025.
Which Snowflake (SNOW) insider is involved and what is their role?
The reporting person is a Snowflake Inc. director and officer, listed as Founder and Chief Architect.
How many Snowflake (SNOW) shares were withheld for taxes?
On 12/08/2025, 560 shares and 273 shares of common stock were disposed of to satisfy tax withholding obligations tied to restricted stock unit vesting.
How many Snowflake (SNOW) shares were sold and at what price?
On 12/09/2025, the insider sold 814 shares of Snowflake common stock at an average price of $223.31 per share under a pre-arranged plan.
Was the Snowflake (SNOW) stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states that the 12/09/2025 sale was effected pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025.
How many Snowflake (SNOW) shares does the insider own after these transactions?
Following the reported transactions, the insider directly owns 49,686 shares and has indirect interests in trusts holding 750,000, 750,000, and 3,051,555 shares, with beneficial ownership of the Thira GRAT shares disclaimed.
What trusts hold Snowflake (SNOW) shares for this insider?
The shares are held in The Thira GRAT No. 1 dated 3/13/2025, The Selene GRAT No. 1 dated 3/13/2025, and The Snow Trust UTA dated 9/10/19, with differing trustee and beneficial ownership arrangements.