[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Emily Ho, Chief Accounting Officer of Snowflake Inc. (SNOW), reported on Form 4 that on 09/22/2025 restricted stock units vested and 1,095 shares were withheld to satisfy tax obligations at a price of $230.48 per share. The filing lists two withholding entries: 384 shares and 711 shares. The Form shows resulting beneficial ownership figures of 34,114 and 33,403 shares following the reported transactions. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/24/2025.

Positive

• Routine tax withholding on RSU vesting indicates administrative compliance rather than discretionary insider selling
• Reporting person remains materially invested with beneficial ownership reported at 34,114 and 33,403 shares after transactions

Negative

• Reduction in beneficial ownership by 1,095 shares due to withholding, though immaterial in scope
• No disclosure in this Form 4 of any open-market purchases to offset withheld shares

Insights

Securities Analyst

TL;DR: Routine tax-withholding on RSU vesting; modest share reduction, not a market sale.

The Form 4 documents tax-withholding dispositions related to RSU vesting rather than open-market sales. The total of 1,095 shares were withheld at $230.48 per share on 09/22/2025, which is a typical administrative action that does not represent opportunistic insider selling. Beneficial ownership remains in the low tens of thousands of shares (34,114 and 33,403 reported), indicating continued insider alignment with shareholders. Impact on float and valuation is immaterial given the small quantity relative to public float.

Corporate Governance Specialist

TL;DR: Compliance filing showing standard withholding; governance signal is neutral.

The filing reflects compliance with Section 16 reporting and tax withholding on vested restricted stock units. The transactions are coded as withholding (F) and executed by a designated attorney-in-fact, which is standard practice. There is no indication of a discretionary sale or change in officer status. For governance, this is routine and does not raise concerns about insider liquidity needs or stewardship changes.

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

1. Name and Address of Reporting Person^*

Ho Emily

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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	09/22/2025		F(1)		384	D	$230.48	34,114(2)	D
Common Stock	09/22/2025		F(1)		711	D	$230.48	33,403(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	09/24/2025
	** 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 did Emily Ho (SNOW) report on Form 4 dated 09/22/2025?

The filing reports RSU vesting with 1,095 shares withheld for taxes (384 and 711 share entries) at $230.48 per share.

Were the reported transactions open-market sales?

No. The transactions are coded as F, indicating shares were withheld to satisfy tax withholding on vested restricted stock units.

How many shares did Emily Ho beneficially own after the reported transactions?

The Form lists beneficial ownership figures of 34,114 and 33,403 shares following the reported transactions.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Marie Reider, Attorney-in-Fact on 09/24/2025.

What price per share is shown on the Form 4 for the withheld shares?

The price shown for the withheld shares is $230.48 per share.