Snowflake Form 4: Mark McLaughlin Awarded 1,373 RSUs, No Shares Sold
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) Form 4 filing – 07/03/2025
Director Mark D. McLaughlin reported the award of 1,373 restricted stock units (RSUs) on 07/02/2025 at a cost basis of $0. The RSUs will vest in full on the earlier of (i) Snowflake’s 2026 annual shareholder meeting or (ii) one year from the grant date, subject to continued board service.
After the transaction, McLaughlin’s beneficial ownership stands at 15,352 common shares held directly. In addition, he reports 1,300 shares held through the McLaughlin Revocable Trust and 524 shares held by the McLaughlin 2020 Dynasty LLC, for which he is trustee/manager, bringing total reported holdings to 17,176 shares. No shares were sold or disposed of.
The filing represents routine director compensation and signals continued alignment with shareholder interests; however, the size of the grant is not material relative to Snowflake’s outstanding share count and is unlikely to affect the company’s valuation.
Positive
- Insider acquired 1,373 RSUs at no cost, modestly increasing equity alignment with shareholders.
Negative
- None.
Insights
TL;DR: Routine RSU grant to SNOW director; increases direct holdings to 15,352 shares, no sales disclosed; market impact neutral.
The Form 4 shows a standard annual equity award to Director Mark McLaughlin—1,373 RSUs that vest within one year or at the 2026 AGM. The grant modestly raises his direct stake from 13,979 to 15,352 shares and leaves indirect trust holdings unchanged. Because (1) the transaction is compensation-related, (2) no shares were sold, and (3) the volume is immaterial versus Snowflake’s ~330 million shares outstanding, the filing is unlikely to influence share pricing or investor sentiment materially. It does, however, reaffirm insider commitment, a marginal positive for corporate governance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,373 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2026 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date. Includes shares to be issued in connection with the vesting of one or more restricted stock units. Includes 1,221 shares acquired on March 21, 2025 as part of a pro rata distribution by a fund in which the McLaughlin Revocable Living Trust is a limited partner. The Reporting Person is a trustee and a beneficiary of the McLaughlin Revocable Living Trust. The shares are held by the McLaughlin Revocable Trust for which the Reporting Person is a trustee and a beneficiary. Includes 200 shares and 324 shares acquired on February 4, 2025, and February 27, 2025 respectively, as part of a pro rata distribution by a fund in which the McLaughlin 2020 Dynasty LLC is a limited partner. The Reporting Person is the manager of the McLaughlin 2020 Dynasty LLC. The shares are held by the McLaughlin 2020 Dynasty LLC for which the Reporting Person is the manager.
