Snowflake CRO has 711 shares withheld for tax
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) reported that Chief Revenue Officer Jonathan Mead Beaulier had a total of 711 shares of common stock withheld on September 21, 2026, at $332.43 per share, to pay tax withholding obligations in connection with the vesting of restricted stock units. The filing notes these entries represent shares delivered or withheld for tax liability and that share counts referenced in the filing include shares to be issued upon future RSU vesting; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 711 shares
Tax Withholding
3 txns
Insider
Beaulier Jonathan Mead
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 70 | $332.43 | $23K |
| Tax Withholding | Common Stock F1, F2 | 470 | $332.43 | $156K |
| Tax Withholding | Common Stock F1, F2 | 171 | $332.43 | $57K |
Holdings After Transaction:
Common Stock — 212,374 shares (Direct)
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.
Key Figures
Tax-withholding disposition 1: 70 shares
Tax-withholding disposition 2: 470 shares
Tax-withholding disposition 3: 171 shares
+2 more
5 metrics
Tax-withholding disposition 1
70 shares
Common stock withheld for tax liability on RSU vesting on September 21, 2026
Tax-withholding disposition 2
470 shares
Common stock withheld for tax liability on RSU vesting on September 21, 2026
Tax-withholding disposition 3
171 shares
Common stock withheld for tax liability on RSU vesting on September 21, 2026
Total shares withheld for taxes
711 shares
Aggregate of three code F transactions for tax withholding on RSU vesting
Per-share value for tax-withholding entries
$332.43 per share
Applied to all three common stock transactions on September 21, 2026
Key Terms
restricted stock units, tax withholding obligations, shares to be issued
3 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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SNOW’s chief revenue officer report on this Form 4?
The chief revenue officer reported that 711 shares of Snowflake common stock were withheld on September 21, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units, rather than sold in an open-market transaction.
Was Snowflake’s CRO using a Rule 10b5-1 trading plan for these SNOW transactions?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions; they are identified as tax-withholding dispositions tied to RSU vesting.
Do these SNOW transactions represent open-market sales by the executive?
No. The Form 4 states the transactions represent shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units, not discretionary open-market sales of Snowflake shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.