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[Form 4] Snowflake Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Snowflake (SNOW) SVP of Engineering and Support Vivek Raghunathan reported a Form 4 filing on June 24, 2025, disclosing a transaction from June 20, 2025. The insider disposed of 3,617 shares of Class A Common Stock at a price of $212.08 per share.

Key details of the transaction:

  • The shares were withheld for tax withholding obligations related to the vesting of restricted stock units (RSUs)
  • Following the transaction, Raghunathan beneficially owns 265,687 shares directly
  • The total includes shares to be issued from pending RSU vestings
  • The transaction was executed under transaction code "F" indicating a payment of exercise price or tax liability using securities

This routine transaction appears to be part of standard executive compensation arrangements and tax obligation management, rather than a discretionary sale by the insider.

Positive

  • SVP of Engineering and Support Vivek Raghunathan maintains a significant position of 265,687 shares after the transaction, showing continued insider confidence in the company

Negative

  • Insider disposition of 3,617 shares at $212.08 per share, though this was only to cover tax obligations from RSU vesting rather than a discretionary sale
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)
06/20/2025
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
Class A Common Stock 06/20/2025 F(1) 3,617 D $212.08 265,687(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 06/24/2025
** 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 shares did SNOW's SVP of Engineering Vivek Raghunathan sell on June 20, 2025?

Vivek Raghunathan had 3,617 shares withheld (disposed) at a price of $212.08 per share. These shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units.

How many SNOW shares does Vivek Raghunathan own after the June 20, 2025 transaction?

Following the reported transaction, Vivek Raghunathan directly owns 265,687 shares of Snowflake Class A Common Stock, which includes shares to be issued from vesting restricted stock units.

What type of transaction did SNOW's SVP execute in the June 2025 Form 4?

The transaction was coded as 'F', which represents shares being withheld to satisfy tax withholding obligations on the vesting of restricted stock units. This was not a direct market sale by the executive.

What is Vivek Raghunathan's role at SNOW according to the Form 4?

According to the Form 4, Vivek Raghunathan serves as SVP, Engineering and Support at Snowflake Inc.

What was the share price for SNOW's insider transaction on June 20, 2025?

The shares were disposed of at a price of $212.08 per share.
Snowflake Inc

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79.29B
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United States
BOZEMAN