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[Form 4] Snowflake Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Raghunathan Vivek, SVP, Engineering and Support at Snowflake Inc. (SNOW), reported a Form 4 disclosing a non-derivative disposition on 09/08/2025. The filing shows 545 shares of Snowflake common stock were disposed of at a price of $225.58 per share under transaction code F, and the sale is explained as shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. After the transaction, Vivek beneficially owns 265,142 shares directly. The Form 4 was signed by an attorney-in-fact on 09/10/2025. The filing contains routine insider tax-withholding activity and does not disclose derivative transactions.

Positive

  • Transparency: The filing clearly discloses the reason for the disposition (tax withholding on RSU vesting).
  • Substantial continuing ownership: Reporting person still directly owns 265,142 shares after the transaction.

Negative

  • Minor disposition: Although small, the sale reduces the insider's stake by 545 shares.

Insights

TL;DR Insider sold 545 shares to cover taxes on RSU vesting; remaining direct holdings are 265,142 shares.

This Form 4 reports a taxable-event sale (code F) tied to RSU vesting rather than a discretionary open-market sale. The transaction amount (545 shares at $225.58) is small relative to the remaining direct stake, indicating it is administrative in nature. No options, warrants, or other derivative positions are reported. For investors, this is a routine insider filing that provides transparency on equity compensation settlement.

TL;DR Filing documents routine tax-withholding related share disposition; no governance concerns evident.

The disclosure clearly states the withholding purpose and shows continued significant direct ownership by the reporting officer. The use of an attorney-in-fact to sign is common and permitted. There are no indications of unusual timing, coordinated group filings, or large-scale disposition that would raise governance or signaling issues.

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*
Raghunathan Vivek

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Engineering and Support
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
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 09/08/2025 F(1) 545 D $225.58 265,142(2) D
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.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 09/10/2025
** 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

What did SNOW insider Raghunathan Vivek report on Form 4?

He reported a disposition of 545 shares on 09/08/2025 at $225.58 per share to satisfy tax withholding related to RSU vesting, leaving 265,142 shares beneficially owned.

Was the sale by Vivek an open-market transaction or tax withholding?

The filing indicates tax withholding (transaction code F) tied to the vesting of restricted stock units, not a discretionary open-market sale.

How many shares does Vivek own after the reported transaction?

265,142 shares are reported as beneficially owned following the transaction.

Does the Form 4 show any derivative positions for Vivek?

No derivatives are reported in Table II; the Form 4 only shows a non-derivative disposition tied to RSU withholding.

Who signed the Form 4 and when?

The form was signed by Marie Reider, Attorney-in-Fact on 09/10/2025 on behalf of the reporting person.
Snowflake Inc

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79.29B
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United States
BOZEMAN