Snowflake SVP Engineering Parts With $1.6M in Shares for Tax Obligations
Snowflake SVP of Engineering and Support Vivek Raghunathan reported a significant insider transaction on June 16, 2025.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 7,870 | $208.18 | $1.64M |
Footnotes (2)
- F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
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