Snowflake Executive Retains 269,304 Shares After Tax-Related Stock Transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake SVP of Engineering and Support Vivek Raghunathan reported a significant insider transaction on June 16, 2025. The executive disposed of 7,870 shares of Class A Common Stock at a price of $208.18 per share through a tax-withholding transaction (Form F) related to the vesting of restricted stock units (RSUs).
Following the transaction, Raghunathan maintains beneficial ownership of 269,304 shares held directly. This total includes additional shares to be issued from pending RSU vestings.
- Transaction Type: Share withholding for tax obligations
- Stock Price: $208.18 per share
- Total Transaction Value: ~$1.64 million
- Ownership Form: Direct
This routine tax-related transaction suggests normal RSU vesting activity rather than a discretionary sale by the insider. The filing was completed through an attorney-in-fact on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raghunathan Vivek
Role
SVP, Engineering and Support
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,870 | $208.18 | $1.64M |
Holdings After Transaction:
Class A Common Stock — 269,304 shares (Direct)
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.
FAQ
What is Vivek Raghunathan's position at SNOW?
According to the Form 4 filing, Vivek Raghunathan serves as SVP, Engineering and Support at Snowflake Inc. (SNOW).
Was this SNOW insider transaction a sale or tax withholding?
This transaction was a tax withholding event, not a direct sale. The Form 4 indicates that the shares were withheld to satisfy tax withholding obligations on the vesting of restricted stock units (noted by transaction code 'F' and explained in footnote 1).