[Form 4] Snowflake Inc. Insider Trading Activity

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

Securities Analyst

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.

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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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^*

MCLAUGHLIN MARK D

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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	07/02/2025		A		1,373(1)	A	$0	15,352(2)	D
Common Stock								1,300(3)	I	Trust(4)
Common Stock								524(5)	I	Trust(6)

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. 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.

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

3. 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.

4. The shares are held by the McLaughlin Revocable Trust for which the Reporting Person is a trustee and a beneficiary.

5. 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.

6. The shares are held by the McLaughlin 2020 Dynasty LLC for which the Reporting Person is the manager.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	07/03/2025
	** 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

How many Snowflake (SNOW) shares does Director Mark McLaughlin now own?

He directly owns 15,352 shares and indirectly controls 1,824 shares (1,300 via the McLaughlin Revocable Trust and 524 via the McLaughlin 2020 Dynasty LLC).

What was the date of the RSU grant reported in the Form 4?

The RSU grant occurred on July 2, 2025.

When will the newly granted RSUs vest?

They vest on the earlier of the 2026 annual shareholder meeting or the first anniversary of July 2, 2025, contingent on continued board service.

Did the director sell any Snowflake shares in this filing?

No; the filing only reports an equity award with zero disposals.

What is the transaction code shown in the filing?

Transaction code A indicates an award or grant of securities.