Snowflake CEO shares withheld for RSU taxes

Snowflake Inc. Chief Executive Officer Sridhar Ramaswamy reported routine share movements tied to equity compensation.

Rhea-AI Filing Summary

Snowflake Inc. Chief Executive Officer Sridhar Ramaswamy reported routine share movements tied to equity compensation. On June 15, 2026, a total of 5,710 shares of Snowflake common stock were withheld to cover tax obligations upon the vesting of restricted stock units, at a reference price of $232.78 per share. These tax-withholding dispositions are not open-market sales and reflect payment of exercise price or tax liability by delivering securities. Following these transactions, Ramaswamy directly held 478,519 shares of common stock, and an additional 1,923 shares were held indirectly by The Ramaswamy Trust dated January 8, 2001, for which he serves as trustee. Footnotes indicate that some reported holdings include shares to be issued in connection with the vesting of restricted stock units.

Insider Trade Summary

Exercise Price or Tax Liability: 5,710 shares

Exercise Price or Tax Liability 3 txns

Insider Ramaswamy Sridhar

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,975	$232.78	$925K
Exercise Price or Tax Liability	Common Stock	1,735	$232.78	$404K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 478,519 shares (Direct); Common Stock — 1,923 shares (Indirect, Trust)

Footnotes (3)

1. F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. F3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Key Figures

Tax-withholding shares: 5,710 shares First tax-withholding lot: 1,735 shares at $232.78 Second tax-withholding lot: 3,975 shares at $232.78 +3 more

6 metrics

Tax-withholding shares 5,710 shares Shares withheld to satisfy tax obligations on RSU vesting

First tax-withholding lot 1,735 shares at $232.78 F-code disposition of common stock

Second tax-withholding lot 3,975 shares at $232.78 F-code disposition of common stock

Direct holdings after transaction 480,254 shares Common stock directly owned after June 15, 2026

Indirect trust holdings 1,923 shares Held by The Ramaswamy Trust dated 1/8/2001

Reference share price $232.78 per share Price used for tax-withholding RSU dispositions

Key Terms

restricted stock units, tax withholding obligations, tax-withholding disposition, indirect ownership, +1 more

5 terms

restricted stock units financial

"Represents shares withheld to satisfy 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 obligations financial

"Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units."

tax-withholding disposition financial

"transaction_action is listed as tax-withholding disposition for the F-code entries."

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.

indirect ownership financial

"The 1,923-share entry is reported with ownership_type indirect and nature_of_ownership Trust."

trust financial

"The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee."

A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Snowflake (SNOW) CEO Sridhar Ramaswamy report?

Snowflake CEO Sridhar Ramaswamy reported shares being withheld to satisfy tax obligations on vested restricted stock units. These Form 4 entries reflect tax-withholding dispositions, not open-market purchases or sales, and are part of routine equity compensation administration.

How many Snowflake (SNOW) shares were withheld for CEO tax obligations?

A total of 5,710 Snowflake common shares were withheld to cover tax obligations linked to restricted stock unit vesting. The Form 4 shows two tax-withholding transactions for 1,735 and 3,975 shares, both at a reference price of $232.78 per share.

How many Snowflake (SNOW) shares does the CEO hold after this Form 4?

After the reported tax-withholding transactions, CEO Sridhar Ramaswamy directly held 480,254 Snowflake common shares. An additional 1,923 shares were held indirectly through The Ramaswamy Trust dated January 8, 2001, where he serves as trustee.

Were any of the Snowflake (SNOW) CEO’s transactions open-market sales or buys?

The filing does not show any open-market buys or sales. Instead, it reports F-code tax-withholding dispositions, where shares are delivered to satisfy tax or exercise obligations related to the vesting of restricted stock units.

What is the role of The Ramaswamy Trust in Snowflake (SNOW) share ownership?

The Ramaswamy Trust dated January 8, 2001 holds 1,923 Snowflake common shares, reported as indirect ownership. Sridhar Ramaswamy is a trustee of this trust, and the Form 4 attributes these shares to him as indirect holdings.

Do the Snowflake (SNOW) CEO’s holdings include unissued restricted stock units?

Yes. A footnote states that reported holdings include shares to be issued upon vesting of one or more restricted stock units. This means some of the reported position reflects earned but not yet delivered RSU-based shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/17/2026 - 08:39 PM EDT Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ramaswamy Sridhar

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/15/2026		F(1)		3,975	D	$232.78	480,254(2)	D
Common Stock	06/15/2026		F(1)		1,735	D	$232.78	478,519(2)	D
Common Stock								1,923	I	Trust(3)

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.

3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)