Snowflake CEO has 4,515 shares withheld for taxes

Snowflake CEO Sridhar Ramaswamy reported share withholding transactions to cover RSU tax obligations and an indirect trust holding position.

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) reported that Chief Executive Officer Sridhar Ramaswamy had 4,515 shares of Common Stock withheld on September 8, 2026 to pay tax liabilities arising from the vesting of restricted stock units, at a reference price of $337.18 per share. No Rule 10b5-1 trading plan is reported. After these transactions, 1,923 shares are held indirectly through The Ramaswamy Trust, for which he serves as trustee.

Insider Trade Summary

Tax Withholding: 4,515 shares

Tax Withholding 3 txns

Insider Ramaswamy Sridhar

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	3,187	$337.18	$1.07M
Tax Withholding	Common Stock F1, F2	1,328	$337.18	$448K
holding	Common Stock F3	--	--	--

Holdings After Transaction: Common Stock — 469,577 shares (Direct); Common Stock — 1,923 shares (Indirect, Trust)

Footnotes (3)

1. F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. F3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Key Figures

Shares withheld for tax (transaction 1): 3,187 shares Shares withheld for tax (transaction 2): 1,328 shares Total shares withheld for tax: 4,515 shares +2 more

5 metrics

Shares withheld for tax (transaction 1) 3,187 shares Common Stock withheld on September 8, 2026 to satisfy RSU tax obligations

Shares withheld for tax (transaction 2) 1,328 shares Common Stock withheld on September 8, 2026 to satisfy RSU tax obligations

Total shares withheld for tax 4,515 shares Aggregate Form 4 summary of code F transactions for tax liability

Reference price per share $337.18 per share Price used for both Common Stock tax-withholding entries on September 8, 2026

Indirect trust holdings after transaction 1,923 shares Common Stock held indirectly through The Ramaswamy Trust

Key Terms

restricted stock units, Rule 10b5-1, tax withholding obligations, indirect ownership, +1 more

5 terms

restricted stock units financial

"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.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for these transactions"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

tax withholding obligations financial

"Represents shares withheld to satisfy tax withholding obligations on the vesting"

indirect ownership financial

"The shares are held by The Ramaswamy Trust ... indicating indirect ownership"

Form 4 regulatory

"reported in this Form 4 by Chief Executive Officer Sridhar Ramaswamy"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

What did Snowflake (SNOW) CEO Sridhar Ramaswamy report in this Form 4?

He reported that 4,515 Snowflake Common Stock shares were withheld on September 8, 2026 to satisfy tax liabilities from the vesting of restricted stock units, at a reference price of $337.18 per share.

Were the Snowflake (SNOW) CEO’s transactions part of a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan; the document-level checkbox for such a plan is not checked.

How many Snowflake (SNOW) shares were withheld for tax purposes in this filing?

A total of 4,515 Common Stock shares were withheld: 3,187 shares in one transaction and 1,328 shares in another, both on September 8, 2026, to cover tax obligations from RSU vesting.

What price per share is associated with the Snowflake (SNOW) CEO’s tax withholding transactions?

Both withholding transactions use a reference price of $337.18 per share for the Common Stock shares withheld to satisfy RSU-related tax liabilities.

What indirect Snowflake (SNOW) holdings are reported for the CEO?

The filing reports 1,923 Common Stock shares held indirectly through The Ramaswamy Trust dated 1/8/2001, for which Sridhar Ramaswamy serves as trustee.

Do the Snowflake (SNOW) Form 4 transactions reflect open-market sales by the CEO?

No. The transactions are coded F and described as payment of tax liability by delivering or withholding securities tied to RSU vesting, not open-market sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/10/2026 - 08:29 PM Accepted by SEC EDGAR 09/10/2026 - 08:28 PM Learn about SEC filing dates

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^*

Ramaswamy Sridhar

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/08/2026		F(1)		3,187	D	$337.18	470,905(2)	D
Common Stock	09/08/2026		F(1)		1,328	D	$337.18	469,577(2)	D
Common Stock								1,923	I	Trust(3)

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.

3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	09/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)